Tag: Government
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C B warns of the usage of virtual currencies such as cryptocurrency
Sri Lanka’s Central Bank has not yet approved the usage of virtual currencies including the cryptocurrencies for transactions and those who use them for transactions should bear the risks of any eventualities,Central Bank announced.
UN chief calls for dialogue to ensure ‘smooth power transition’ in Sri Lanka
UN Secretary General António Guterres today called for dialogue to “ensure a smooth transition of Government and solutions to the country’s deep economic crisis.
SL trade deficit declines for the fifth consecutive month in May
The trade deficit recorded a decline for the fifth consecutive month on month-on-month basis and for the third consecutive month on a year-on-year basis in May 2022, supported mainly by the policy induced moderation of imports, along with the notable growth momentum of exports, Central Bank announced .
S L’s economic crisis is drives people to flee the country in desperation
Sri Lanka is suffering the worst economic crisis in its history, with fuel shortages bringing the country to a standstill. Many are now convinced leaving is their only option.
President Gotabaya Rajapaksa to resign unceremoniously today
President Gotabaya Rajapaksa is set to resign paving the way for Prime Minister Ranil Wickremesinghe taking over as the acting President.