Tag: Politics
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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
PM dismisses media reports that he would replace the CBSL Governor
Prime Minister Ranil Wickremesinghe has dismissed media reports that he would replace the Governor of the Central Bank. According to sources, the Prime Minister...
Government loses Rs.94bn from concessionary vehicle permits per annum
Sri Lanka is losing around Rs.94 billion annually from the concessionary vehicle permits, which is nearly equivalent to the amount the government collects from...
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.