ධරණි රාජසිංහම් සේනානායක
අවධානය යොමු කළ යුතු දක්ෂිණ හඬ: ණය යුක්තිය, ණය අවලංගු කිරීම සහ ජාත්‍යන්තර මූල්‍ය අරමුදලේ සාකච්ඡාවල විනිවිදභාවය සඳහා කැඳවීමක් ශ්‍රී ලංකාවේ ආර්ථික ප්‍රජාතන්ත්‍රවාදය සඳහා වූ සන්ධානය - The Coalition for Economic Democracy in Sri Lanka (CEDSL) යනු ශ්‍රී ලාංකික ඩයස්පෝරාව ද ඇතුළුව රට තුළ සහ විදේශයන්හි සිටින අදාළ විද්වතුන්, ක්‍රියාකාරීන්, කෘෂිකාර්මික, ධීවර හා කාර්මික කම්කරුවන්, සිසුන්, ව්‍යාපාරිකයින්, වෘත්තීය සමිතිකරුවන් සහ වෘත්තිකයන්ගෙන් සමන්විත කණ්ඩායමකි. රාජ්‍ය ප්‍රතිපත්ති සම්පාදනයේදී ආර්ථික අයිතීන් සහ යුක්තිය පිළිබඳ වටිනාකම් ආරක්ෂා කිරීම එහි මූලික අරමුණු වේ. වසර දෙකක ආර්ථික වශයෙන් විනාශකාරී Covid-19 ලොක්ඩවුන් කිරීම්, රාජ්‍ය ණය ඉහළ යාම සහ... -Full Story- (LankaWeb - 28/06/22)
Sri Lankan High Commission in India
High Commissioner of Sri Lanka to India Milinda Moragoda met with the Minister of Petroleum & Natural Gas and Housing and Urban Affairs of India Shri Hardeep Singh Puri, today (27) to discuss urgent matters pertaining to bilateral energy cooperation. The meeting was held at the Ministry of Housing & Urban Affairs in New Delhi. At the outset, High Commissioner Moragoda briefed Minister Puri on the acute challenges that Sri Lanka is currently facing with regard to the supply and distribution of petroleum products and the severe hardships that... -Full Story- (LankaWeb - 28/06/22)
ප්‍ර සමරසිංහ
අපට, අප වෙන්නට අවස්ථාවක් මතක ඇති කාලයක සිට ලැබී නැත. අපට අපේ කියා දැනුමක් තිබුණත් වන්දනා මාන කරන්නේ පර-දැනුමටය. පර (පර=අනුන්ගේ) දැනුම සහමුලින් අහක දමන්නට කියා තුන් හිතකින් වත් කියන්නේ නැත. අප මතක තබා ගත යුත්තේ ඒ ඒ දැනුම් උත්පාදනය වෙන්නේ ඒ ඒ පරිසරය හා සංස්කෘතිය මුලික වූ චින්තනය මත පිහිටිමෙන් බවය. ඒ ඒ දැනුමේ සාර අසාර බව, ගැලපීම නොගැලපීම විමර්ශනය කර, ඒවායින් සැබෑ ඵල ප්‍රයෝජනයක් ඇත්තම් පමණක් හා ඉන් අපේ හර පද්ධතියට අහිතක් නොවන්නේ නම් පමණක් අපේ දැනුමට අවශෝෂණය කර ගත්තාට නං නපුරක් වෙන්නේ නැත. නමුත් කාලයක් තිස්සේ අවාසනාවකට මෙන් සිද්ධ වෙන්නේ පර දැනුම, කරල... -Full Story- (LankaWeb - 28/06/22)
Courtesy NewsIn.Asia
Colombo, June 27 (newsin.asia): A high-level US diplomatic delegation, which is currently in Sri Lanka met President Gotabaya Rajapaksa on Monday. The delegation stated that the US Government will continue to strengthen the relationship with the International Monetary Fund (IMF) at all levels. The delegations comprises officials belonging to the US State Department and the US Treasury. President Gotabaya commended the delegation for their visit and briefed them on the current economic and social crisis in the country. The President also briefed them on the progress of the ongoing discussions with the International Monetary... -Full Story- (LankaWeb - 28/06/22)
Courtesy Adaderana
Fuel volumes will be dispensed only to vehicles attached to essential services with effect from midnight today (June 27) until the 10th of July, Minister Bandula Gunawardena says. He revealed this addressing a special media briefing held today to announce the decisions taken at the meeting of the Cabinet of Ministers. https://youtu.be/apifa5it5Mk Accordingly, the Ceylon Petroleum Corporation (CPC) will supply diesel and petrol only to essential services such as ports, health sector, distribution of essential food items, and transportation of agricultural products hereafter, the cabinet spokesperson noted. ... -Full Story- (LankaWeb - 28/06/22)
Courtesy Adaderana
The Cabinet of Ministers have approved the proposal to gazette the 22nd Amendment to the Constitution and to present it to the Parliament, Justice Minister Wijeyadasa Rajapakshe said. The amendment, which had been referred to as the 21st Amendment so far, will in fact be the 22nd Amendment, as another draft 21st Amendment has already been gazetted. Last week, the draft constitutional amendment was tabled and passed during the Cabinet meeting following extensive discussions. The 22nd Amendment was initially tabled in the Cabinet on June 06 by Minister Wijeyadasa Rajapakshe... -Full Story- (LankaWeb - 28/06/22)
Courtesy Adaderana
Sri Lanka’s exports recorded the USD 5 billion mark in the first five months of this year, according to the Export Development Board (EDB). Earnings from the merchandise exports increased by 9.9 % y-o-y to US$ 980.2 million in May 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles, Coconut based products and Electrical & Electronic Components. Major product sectors except Spices & Concentrates, Tea and Rubber-based products; Apparel & Textiles, Coconut based... -Full Story- (LankaWeb - 28/06/22)
Darini Rajasingham
The Coalition for Economic Democracy in Sri Lanka (CEDSL) is a group of concerned academics, activists, agricultural, fisheries and industrial workers, students, business persons, trade unionists, and professionals based ‘in country’ and overseas, including the diaspora, who uphold the values of economic rights and justice in public policy making. In the wake of two years of economically-devastating Covid-19 lockdowns, quantitative easing, and money printing globally, we call on international actors to heed the people’s demands for a DEBT JUBILEE and CANCELLATION as a priority. We wish to draw your... -Full Story- (LankaWeb - 27/06/22)
by Garvin Karunaratne
News is just out that Sri lanka has been taken to the Courts in the USA by a bond holding company, Hamilton Reserve Bank Ltd, which owns $ 250 million of International Sovereign Bonds, requesting a Court Order for payment. This refers to a portion of the loan the payment of which Sri Lanka defaulted in April 2022. This is an exact replica of what happened to Argentina. In my words, written in August 2014: “Argentina is in the dog’s house once again. This time it is hounded by the Vultures-... -Full Story- (LankaWeb - 27/06/22)
Dilrook Kannangara
Sri Lanka’s economic crisis in not unique. Other countries have been in it and some are currently in it too. Economics is all about trade-offs. One basic premise of economics is that resources are limited but needs and wants are unlimited. The way to succeed economically is to manage needs and wants (not resources) to achieve best economic outcomes. Having decided on what needs and wants are crucial (and what must be given up, sadly), then comes resources management. A full-scale economic overhaul takes time. It is doubtful whether Sri Lanka can survive until... -Full Story- (LankaWeb - 27/06/22)
Malinda Seneviratne
Gotabaya Rajapaksa is the worst President we’ve had. He’s the worst leader, counting all presidents, prime ministers, ministers, chairpersons of local government authorities and maranaadhara samithi. He’s the worst Sri Lankan ever. Let’s assume.Let’s assume that as the all-powerful Executive President, all ills are attributable to him. Let’s assume that although this implies that he can lay claim to all positives, he had nothing to do with effectively handling the Covid-19 situation, the vaccination drive and enforcement of safety protocols which (by the way) eventually enabled and empowered those who hate him the... -Full Story- (LankaWeb - 27/06/22)
රජිත් කීර්ති තෙන්නකෝන්
ලංකාවට දෙන්නට බැරි දෙයක්, ඉන්දියාව ඉල්ලයි. ඉන්දු ලංකා ගිවිසුමේන් පසුව, ඉන්දියාවේ දැවැන්තම බලපෑම අගමැති - ජනපති හමුවේ තබා ජූනි 23 ඉන්දීය විදේශ ලේකම් රටින් පිටවිය. ඉන්ධන මිල ඉහළ ගොස් ඇත. සංස්ථා පිරවුම්හල්වෙත අද ඉන්ධන නිකුත් නොකරන නිසා එහි බලපෑමක් ජනතාවට නැත. මේ ජනතාවට වැදගත් කතාව ය. ඊයේ (ජූනි 25) දවල් 12.30 න් පසුව වරාය, විදුලිබල මණ්ඩලය, හමුදාව, බස් ඩිපෝ හැර වෙනත් තැන් කිසිවකට සංස්ථාව තෙල් නිකුත් කර නැත. රටේ අවම දෛනික ඉන්ධන අවශ්‍යතාව ඩීසල් 6000 MT ක් හා පෙට්‍රල් 3500 MT කි. ජූනි 25 (ඊයේ) රාත්‍රී මෙරට... -Full Story- (LankaWeb - 27/06/22)
ALI SUKHANVER
The most popular desire everywhere all around the world is of serving one’s own country. People feel honored when their sons sacrifice their lives for the esteemed and prestige of their homeland and it is really a hard luck for the whole youth of a nation if illogical restraints are hurdled into the way to completion of this sacred desire. Today the whole of the Indian nation is raising its protesting voice against BJP government’s decision of changing the procedure of induction into the Indian army. Now onwards, there won’t be the permanent soldiers but the... -Full Story- (LankaWeb - 27/06/22)
පරිසර ක්‍රියාකාරී පේශල පසන් කරුණාරත්න
මෙරට ඉහල ජෛව විවිධත්වයක් දක්නට ලැබෙන සංවේදී පරිසර පද්ධතියක් වන කළුතර දිස්ත්‍රික්කයේ වලල්ලාවිට ප්‍රාදේශීය ලේකම් කොට්ඨාසයට අයත් නාවලකන්ද පාරිසරික කලාපයට මායිම්ව පිහිටි හලවල්කැලේ ග්‍රාමසේවා වසමේ ගම්වාසීන්ට හට දඩයක්කරුවෙකුගේ බදින ලද තුවක්වකුවකට හසුව දරුණු ලෙස තුවාල ලබා අවතැන්ව සිටි ගෝණෙකු 2022.06.24 දින උදෑසන ප්‍රදේශයේ වනාන්තර කොටසක් තුල සිටියදී හමුවී තිබුණි. අවතැන්වූ සත්වයා පිලිබඳව වාර්තා වූ පසු ඒ පිලිබඳව වනජීවි සංරක්ෂණ දෙපාර්තමේන්තුව දැනුවත් කිරීමට කටයුතු කලද එදින වනජීවි සංරක්ෂණ දෙපාර්තමේන්තුවට සත්වයාට ප්‍රතිකාර ලබා දීම සඳහා පැමිණීමට නොහැකි විය. එම නිසාවෙන් ගම්වාසීන් එකතු වී අවතැන් වූ ගෝණා වනාන්තර ප්‍රදේශයෙන් පිටතට ගෙනවිත් හලවල්කැලේ ග්‍රාමනිලධාරී... -Full Story- (LankaWeb - 27/06/22)
Courtesy The Island
Mr. Ajith Nivard Cabraal, twice Central Bank Governor and former State Minister for Finance, issued the following media statement last week on exchange rate flexibility. “The decision to allow the Sri Lankan Rupee (LKR) to be “flexible” from March 7, 2022 onwards is sometimes described by certain persons as being a “unilateral” decision of then Governor Ajith Nivard Cabraal. Therefore, this statement is to provide the factual position so as to set the record straight.”The decision to allow flexibility in the exchange rate was taken by the Monetary Board of the Central Bank... -Full Story- (LankaWeb - 27/06/22)
Courtesy Adaderana
Minister of Power and Energy Kanchana Wijesekera says that a token system to distribute fuel is to be introduced from tomorrow (June 27). Speaking during a press briefing in Colombo today, he said the decision was taken at a meeting of the Security Council chaired by the President and the Prime Minister yesterday (25). https://youtu.be/jxo8xK-SgnA However, the Minister requested the public not to wait in queues at filling station until the next fuel shipment arrives as the stocks of fuel held by the Ceylon Petroleum Corporation (CPC) are... -Full Story- (LankaWeb - 27/06/22)
Courtesy Adaderana
https://youtu.be/mc1OFUvqFPg Two ministers will be flying to Russia tomorrow (27) and they will discuss matters including fuel imports during the visit, according to Minister Kanchana Wijesekara. The Minister of Power and Energy revealed this during a press briefing held in Colombo today. He was responding to a question raised at the media briefing regarding Sri Lanka not seeking oil from Russia. Speaking further the Minister said that the misters are traveling on another diplomatic visit and hoped that the discussion would be held in due course during that... -Full Story- (LankaWeb - 27/06/22)
Courtesy Adaderana
The Ministry of Education says that schools in the Colombo Zone and other major cities will remain closed next week, from June 27 to July 01. However, the ministry said that rural schools can function as normal on Tuesday, Wednesday and Thursday during next week. https://youtu.be/b_ibb7B78x0 Accordingly, issuing a notice, the ministry informed that the educational activities in the schools during the week from 27th of June to 01st of July 2022 will be conducted according to the following manner: 1. The schools where students and... -Full Story- (LankaWeb - 27/06/22)
උපුටා ගැන්ම ලංකා ඊ නිව්ස්
Anonymous වැඩ පෙන්නයි – බටහිර ආයෝජනය කල දේශපාලකයන්ගේ නම් ගම් සාක්ෂි සහිතව ලේඛණ එලියට – LEN – www.lankaenews.info | Latest News From Sri Lanka බටහිර රටවල සමාගම් පිහිටවමින් තම කලු සල්ලි ආයෝජනය කල දේශපාලකයන් සහ ඔවුන්ගේ සමීපතමයන් සියල්ල ඊයේ දිනයේදී Anonymous විසින් Dark Web වෙත මුදා හැර තිබේ. මෙහි විශේෂත්වය වනුයේ මෙවර නම් ගම් සමඟ එම සමාගම්වල ලියාපදිංචි කිරීමට අදාල ලේඛණ සියල්ල ඉදිරිපත් කර තිබීමයි. එම ලේඛණ සහ අදාල විස්තර පහතින් උපුටා දක්වා ඇත. 01. චන්දන රෝහිත රාජපක්ෂ හිටපු ජනාධිපති සහ වත්මන් අග්‍රාමාත්‍ය මහින්ද රාජපක්ෂගේ බාල පුත්‍රයාය.... -Full Story- (LankaWeb - 27/06/22)
Shenali D Waduge
The caretaker Prime Minister is once again trying to complete the project given to him – his vision was to destroy agriculture, transfer agricultural land and see farmers in jeans. He even promised chewing gum and gold chains to the farmers in Polonnaruwa in 1999. This was the Parakumba era Ranil wanted to create! Imagine King Parakramabahu in jeans! Giving land is nothing but a subtle inducement to sell the land given to farmers by the state to farm. The land eventually gets sold to foreigners or enemies. When food is no... -Full Story- (LankaWeb - 26/06/22)
KAMALIKA PIERIS
The USA needed supportive persons in Sri Lanka if its plan to take over Sri Lanka was to succeed. Though Sri Lanka did not realize it at the time, Neelan Thiruchelvam was USA’s best link with Sri Lanka. Neelan Thiruchelvam was a leading advocate of Tamil separatism from the 1970s onwards. Unlike the rest of the leaders of the Tamil Separatist Movement, Neelan came from the social elite in Sri Lanka. He was also clearly the best educated, the most articulate, and the most knowledgeable regarding political concepts, though he was certainly not... -Full Story- (LankaWeb - 26/06/22)
Senaka Weeraratna
Give Aussies a Ticker Tape parade as a farewell gesture by driving them through the streets of Colombo (Galle Road near Galle Face Green) once this popular Australian cricket tour is over. This is exactly what the Australians did in Melbourne on February 17, 1961 when they bid goodbye to the West Indian Cricket Team led by Frank Worrell. Australia beat West Indies by 2 to 1 in a close contest which went down to the wire. In a time of misery let us thank the Aussies for bringing smiles... -Full Story- (LankaWeb - 26/06/22)
Asoka Weerasinghe Kings Grove Crescent . Gloucester . Ontario .K1J 6G1 Canada
25 June 2022 Mr.Patrick BrownMayor of Brampton,Ontario/Candidate for Leader of the Conservative Party of Canada.Office of the MayorCity of Brampton2 Wellington Street West.Brampton, OntarioL6Y 4R2 Dear Mayor Patrick Brown: I just received an email about YOU which said, “Patrick Brown and the Brampton City council passed the controversial Tamil Genocide Memorial on Brampton Public property with blatant disregard to the peace loving Canadians. Brampton Parks and recreational facilities are for the benefit of all residents regardless of race, religion... -Full Story- (LankaWeb - 26/06/22)
Empire Files
Abby's speech at the People’s Summit for Democracy, the progressive counter to Biden's imperialist ‘Summit of the Americas’ on June 9 2022. https://youtu.be/qG2G5sC7qWA... -Full Story- (LankaWeb - 26/06/22)
By Nava Thakuria
If one believes in the simple mathematical calculation and minimum political honesty by public representatives in the Indian Parliament and State legislative assemblies, the largest democracy on Earth is expecting a lady tribal President in New Delhi. As Draupadi Murmu, a simple Janjati family woman turned a teacher turned a politician, gets the recommendation from the ruling Bharatiya Janata Party-led National Democratic Alliance government for the Presidential elections scheduled for 18 July next, her victory becomes almost imminent. Hailing from Mayurbhanj locality of Odisha, who taught in Shri Aurobindo Integral Education Centre, the... -Full Story- (LankaWeb - 26/06/22)
ජයන්ත හේරත්
ගේට්ස් ගොවි බිම්වල විශාලතම පුද්ගලික හිමිකරුවාය. වටිනාකම ඩොලර් බිලියන 130 කි. ඉඩම් අයිතිය අක්කර 268,000 කි. ළඟදී අක්කර 2,100 ක් නොර්ත් ඩකොට වලින් ගත්තේ ඩොලර් මිලියන 13.5 ට ය. කෙරවලපිටිය ඇමරිකන් සමාගමකට වික්කේ මිලියන 500 ටය. සිරිමා දන් දුන්නී පුද්ගලික ඉඩන් ය. රනිල් මේ දවස් වල ... -Full Story- (LankaWeb - 26/06/22)
Courtesy News18
Energy minister Kanchana Wijesekera said oil cargoes due last week did not turn up while those scheduled to arrive next week will also not reach due to "banking" reasons. Sri Lanka has virtually run out of petrol and diesel after several expected shipments were delayed indefinitely, the energy minister said Saturday while apologising to motorists for the worsening fuel crisis. Kanchana Wijesekera said oil cargoes that were due last week did not turn up while those scheduled to arrive next week will also not reach Sri Lanka due to “banking" reasons. Sri... -Full Story- (LankaWeb - 26/06/22)
Courtesy Hiru News
The Ministry of Education has issued a statement regarding the manner in which academic activities will be conducted in schools during the coming week (June 27 - July 1). Schools in cities and suburbs which did not have schools last week have been directed to conduct schools on Tuesdays, Wednesdays and Thursdays - three days during the week. The principals of these schools have been given the power to decide the number of school days for primary school activities. Relevant academic activities are to be conducted through online methodology and home-based... -Full Story- (LankaWeb - 26/06/22)
Courtesy Adaderana
The Minister of Finance has issued an order to reduce the amount of foreign currency retained in possession by an individual in Sri Lanka from USD 15,000 t0 USD 10,000 or its equivalent in other foreign currency. The directive, issued pursuant to Section 08 of Foreign Exchange Act No. 12 of 2017, is effective from the 16th of June. https://youtu.be/oNzqO_zhj4I In a statement, the Central Bank of Sri Lanka (CBSL) said the decision was taken with the intention of attracting foreign currency in the hands of the public... -Full Story- (LankaWeb - 26/06/22)
Courtesy Adaderana
A high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State will visit Sri Lanka from June 26- 29, the U.S. Embassy in Colombo says. https://youtu.be/KxisLZqga8E Members of the delegation include Deputy Assistant Secretary of Treasury for Asia Robert Kaproth and Ambassador Kelly Keiderling, who is also the Deputy Assistant Secretary of State for South and Central Asia. The visitors will meet with a wide range of political representatives, economists, and international organizations. In all their meetings, they will explore the... -Full Story- (LankaWeb - 26/06/22)
KAMALIKA PIERIS
The preceding essay recorded the diplomatic exchanges between the government of USA and the government of Sri Lanka after Ranil Wickremesinghe became Prime Minister in May 2022. In the same month, Ambassador, Julie Chung met with several officials in Colombo. These interviews were mentioned in the media, often accompanied with a prominent photo. This gave USA further visibility in the island. It was intended to show that once again the USA had come to stay in Sri Lanka. Julie Chung, the U.S. Ambassador to Sri Lanka had met with Ranil Wickremesinghe even before he... -Full Story- (LankaWeb - 25/06/22)
Sugath Kulatunga
Professor Charitha Herath is doing an excellent job as Chairman of COPE and deserves the accolades and thanks of the public for this performance. He calls a spade a spade and has already made a few upstarts of high posts admit their mistakes. He is even prepared to propose changes in the Standing Orders of the Parliament to punish the miscreants responsible for the present economic crisis. Recent COPE examination revealed many questionable expenditure-like projects in the CEB which are not in operation, but Project Managers appointed and paid fat salaries. CEB has also been meeting... -Full Story- (LankaWeb - 25/06/22)
Garvin Karunaratne. former GA Matara
Stray information on granting deeds of lands in the news is fairly indicative of the fact that Prime Minister Ranil Wickremasinghe has unofficially commenced implementing the MCC Project in Sri Lanka, which he stated he will sign if he, the UNP won the 2019 Presidential Election. At the election President Rajapaksa made a firm statement that he will not sign the MCC Compact Agreement. I enclose a news item I have just read in Economy Next:. Sri Lankan landowners without deeds to be legally granted ownership ... -Full Story- (LankaWeb - 25/06/22)
By Nimal Gunatilleke Courtesy The Island
Figure 1. Sri Lanka’s foreign debt from 2000 -2020 ( from https://www.reuters.com/markets/rates-bonds/sri-lanka-edge-debt-burden-mounts-2022-01-17/) As a layman in the subject of political economy, nonetheless interested in discerning the real background to the historic debt crisis that Sri Lanka is undergoing at present, I have been reading many reports, including expert views, opinion statements, institutional press releases, think-tank analyses, COPE reports, etc., that are plentiful on the internet. Based on these readings, I was able to synthesize a layman’s review, which I thought of putting out to a wider readership... -Full Story- (LankaWeb - 25/06/22)
BY Nimal Gunatilleke Courtesy The Island
From left : Ms. Amena Arif, Country Manager of Sri Lanka and Maldives, IFC. Archil Mestvirishvili, Deputy Governor, National Bank of Georgia. Ethiopis Tafara, Vice President, MIGA Lay Rachana, Sustainable Finance Committee Chair, Association of Banks in Cambodia, Deputy General Manager/ Chief Risk Officer of FTB Dr. P Nandalal Weerasinghe, Prsent Governor, Central Bank of Sri Lanka, Serey Chea, Director General, National Bank of Cambodia Jan Van Bilsen, Senior Manager, IFC, Kyle Kelhofer, Country Manager of Cambodia, IFC Sustainable finance refers to the process of taking environmental,... -Full Story- (LankaWeb - 25/06/22)
වෛද්‍ය වසන්ත බණ්ඩාර ලේකම් දේශහිතෛෂි ජාතික ව්‍යාපාර Lanka Lead News
වෛද්‍ය මොහොමඩ් සාෆි මහතාට විරුද්ධව එල්ල වූ චෝදනා පිළිබඳව කටයුතු කිරීමේදී සෞඛ්‍ය අමාත්‍යාංශය විසින් වගකීම් පැහැර හැර ඇති බවට චෝදනා එල්ල කරමින් දේශහිතෛෂී ජාතික ව්‍යාපාරය සෞඛ්‍ය අමාත්‍යයවරයාට යැවූ ලිපිය… ගරු සෞඛ්‍ය අමාත්‍ය,කෙහෙළිය රඹුක්වැල්ල මහතා,සෞඛ්‍ය අමාත්‍යාංශය,කොළඹ 8 වෛද්‍ය මොහොමඩ් සාෆි මහතාට විරුද්ධව එල්ල වූ චෝදනා පිළිබඳව කටයුතු කිරීමේදී සෞඛ්‍ය අමාත්‍යාංශය විසින් වගකීම් පැහැර හැරීම පිළිබඳව මුදල් විශුද්ධිකරණය සහ සිංහල මව්වරුන් පිරිසක් ඔවුන්ගේ කැමැත්ත නොමැතිව වඳභාවයට පත් කිරීම පිළිබඳව එල්ල වූ චෝදනා මත වෛද්‍ය සාෆි අත්අඩංගුවට ගැනීමෙන් පසුව සමස්ත ක්‍රියාවලිය තුළ... -Full Story- (LankaWeb - 25/06/22)
by: Simon Wilson Courtesy MoneyWeek
Sri Lanka has been hit by a triple whammy of economic shocks and has gone to the IMF for a bailout. It may just be the first domino to fall in a global debt crisis. Sri Lanka is undergoing a full-scale economic collapse and political crisis, with every chance of further violent unrest. Last week the parliamentary speaker warned of an imminent hunger crisis. This week the “new” prime minister, Ranil Wickremesinghe, a septuagenarian on his fifth stint as PM since the 1990s, warned that the country had run out of petrol, and that... -Full Story- (LankaWeb - 25/06/22)
by: Jonathan Compton Courtesy MoneyWeek
Rising interest rates and soaring inflation will leave many governments with unsustainable debts. Get set for a wave of sovereign defaults, says Jonathan Compton It is unlikely that Barbados, Lebanon or Sri Lanka ever enters your investment thinking. Perhaps now they should. For although all are minnows in a sea of whales in financial terms, they are – to mix animal metaphors – dead canaries in the coal mine. In the last four years, each has gone bankrupt. Barbados defaulted on its foreign debt when a new government took... -Full Story- (LankaWeb - 25/06/22)
Courtesy Outlook
Prime Minister Ranil Wickremesinghe, who took office in May, was emphasising the monumental task he faces in turning around an economy he said is heading for “rock bottom” Sri Lanka's prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighbouring India and China and from the International Monetary Fund. Prime Minister Ranil Wickremesinghe, who took office... -Full Story- (LankaWeb - 25/06/22)
Courtesy The Island
The Committee of Public Enterprises (COPE) has decided to further examine the controversial Adani Wind and Solar power project in the Northern Sri Lanka when the Ceylon Electricity Board (CEB) comes up for investigation. The COPE said so after former Chairman of CEB M.M.C. Ferdinando appeared before the parliamentary watchdog committee yesterday (23) over a statement he made at the proceedings on June 10. The COPE has made available Ferdinando’s explanation dated June 06, 2011 addressed to the Chairman, and members of the Committee On Public Enterprises. The text of the... -Full Story- (LankaWeb - 25/06/22)
