Tag: SL 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.

India says that they did not help GR to flee from the country

The High Commission of India in Colombo denies the allegations that India facilitated the departure of President Gotabaya Rajapaksa and Basil Rajapaksa. In a tweet,...

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.

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Renewable Power Firms Sound Alarm over Rs.10bn crisis

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Festive Welfare Payment Chaos Raises Administrative Competence Issues

The Government’s admission that duplicate Aswesuma welfare payments totaling...

PayPal finally arrives in Sri Lanka after Years of Delays and Debate

After years of uncertainty, stalled negotiations, and repeated public...

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