Exclusive articles:
India expresses concern over Sri Lanka crisis spillovers: FM Jaishankar
The Indian government told an all-party meeting on Tuesday that India is naturally worried over the Sri Lankan crisis and there are “very strong” lessons of fiscal prudence, responsible governance and not having “a culture of freebies” to be drawn from it.
CPC to dispense fuel limitedly from July 21 till QR Code Enforce
Until the national fuel pass is implemented, the Ceylon Petroleum Corporation has decided to dispense limited volumes of fuel from Ceypetco filling stations to vehicles starting from July 21, based on the last digit of the vehicle number plate.
A revolt that could turn into a revolution
Without a new social contract, there could be unrestrained conflict with the working people in Sri Lanka
Finance Ministry prunes ministries and department spending
In a fresh fiscal policy stance of austerity measures, the Finance Ministry has cut down non-essential capital expenditure in ministries, departments and state institutions in a bid to save money during this economic crisis, a Ministry circular revealed.
SOEs face fresh operational and financial challenges amidst political turmoil
Sri Lanka’s State Owned Enterprises (SOEs) are encountering significant operational and financial challenges for its survival in unprecedented political turmoil amidst the weakest state of the economy at present, recent report of the Finance Ministry revealed.