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SRI LANKA: Malnutrition and Starvation- Next Stage of the Crisis
As people began to learn about the terrible consequences of the dollar crisis, there also emerged a political slogan that seemed to suit the occasion.
The Tamil diaspora has offered to play a constructive role in Sri Lanka to ensure long-lasting changes in the country.
The Global Tamil Forum (GTF) says “The economic crisis that engulfed the country has led to the formation of this progressive political force which has achieved revolutionary outcomes relatively peacefully. Indeed, it feels as though this is a rebirth moment for the country after its independence,” the influential UK based group said in a statement.
Central Bank grants concessions to affected Borrowers of Licensed banks
With the outbreak of the COVID-19 pandemic, the Central Bank of Sri Lanka (CBSL) has introduced several concessionary schemes since March 2020, to assist affected borrowers
Veteran broadcaster Pradeep Amirthanayagam appointed again to People’s Leasing Board
Pradeep Amirthanayagam has been appointed as an Independent Non-Executive Director of the Board of the People’s Leasing and Finance PLC with effect from 15 July.
Present administration to resurrect the collapsed economy soon
The present administration has taken every possible step to resurrect the collapsed economy amidst social unrest and unprecedented challenges to bring back the day to day activities to normalcy easing fuel and food crisis to a certain extent , official source said.