Conservative Member of the Parliament of the United Kingdom, Eliot Colburn urged the UK Government ensure that any IMF bail-out is attached to human rights conditions, similar to that of GSP+.
As Sri Lanka grapples with a massive economic crisis , India yesterday (June 24) delivered a humanitarian consignment containing 15,000 metric tons of essential items including rice, milk powder and pharmaceuticals to Sri Lanka.
Sri Lankans, whose real incomes are getting hammered on a daily basis from soaring inflation, have reduced the use of their credit cards, as there was a slight drop in the outstanding balance of credit cards, when the financial and economic misery became more pronounced
The Central Bank of Sri Lanka has issued a statement amending the restrictions on the holding of foreign currency.
Accordingly, the amount of foreign currency...