Tag: Government
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UK Parliament suggests attaching HR conditions to IMF bailout for SL
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’s crisis deepens , India extends more humanitarian aid
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 reduce the use of credit cards in economic downturn
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
Sri Lanka’s poultry production about to crash due to high feed costs
The Sri Lankan poultry industry is on the verge of collapse due to 30 percent drop in production this year as high feed costs hit farms.
Sri Lanka liquor demand down by 30 percent but revenue up
Sri Lankans demand for liquor has decreased by about 30percent due to the recent increase in the price of liquor and the decrease in the income of the people of the country,. the Committee on Public Finance (COPF) revealed.