Tag: Government
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CPC slashes fuel prices slightly still maintaining inflated price
Realizing the reality of accepting the pump up of fuel price to a new high in an irregular fuel pricing formula ,the Ceylon Petroleum Corporation (CPC) has slashed fuel prices with effect fro10 am yesterday although it was a very nominal reduction compared to current inflated price,
Govt to tackle fuel crisis with the arrival of 8 fuel ships and fuel pass issuance
Sri Lanka’s fuel crisis now turned bad to worse is to be tackled to certain extent with the arrival of eight ships carrying petroleum will arrive in the island next week and the introduction of a special pass to ration petrol and diesel usage
Ex- President in exile Gotabya Rajapaksa pledges to continue to serve Sri Lanka
Former President Gotabya Rajapaksa in exile says he will continue to serve Sri Lanka following his resignation as President.
IMF calls for political stability in Sri Lanka to resume talks
The International Monetary Fund (IMF) is calling for political stability in Sri Lanka in order to resume key talks on bail out loan to rescue the island nation from the balance of payment crisis .
SL manufacturing and service sectors suffer set back in political turmoil
Sri Lanka’s manufacturing and service sectors have been greatly affected by the current political turmoil which has brought the country's day today activities to a standstill further aggravating the economic crisis