Srilanka - TheIndianSubcontinent

Finance Minister Basil Rajapaksa meets top IMF official

(Reuters) - Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help to deal with its plunging reserves, a sliding currency and surging inflation.

IMF Asia and Pacific Department Director Changyong Rhee met Finance Minister Basil Rajapaksa and Treasury...

Details: Category: Srilanka; Published: 15 March 2022

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Ministerial consultative committee approves amended Prevention of Terrorism Bill

The Ministerial Consultative Committee on Foreign has agreed to present the Prevention of Terrorism (Temporary Provisions) (Amendment) Bill to Parliament for the second reading.

The agreement regarding the aforesaid was reached at the Committee meeting of the Ministerial Consultative Committee on Foreign chaired by the Foreign Minister (Prof.) G....

Details: Category: Srilanka; Published: 15 March 2022

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USS Fitzgerald arrives at Trincomalee Port

The USS Fitzgerald (DDG 62), an Arleigh Burke-class destroyer of the United States Navy, has arrived at the port of Trincomalee.

Sri Lanka Navy welcomed the visiting ship in compliance with naval tradition on March 13.

The 160m-long destroyer is commanded by Commander D.J. Catteral and the ship is manned by a crew of 300.

The crew of USS Fitzgerald...

Details: Category: Srilanka; Published: 15 March 2022

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Minister Vasudeva hands over official vehicles and residence

Minister of Water Supply Vasudeva Nanayakkara has reportedly handed over his official vehicles and official residence to the Secretary to the Ministry today (14).

When inquired regarding this, the Democratic Left Front (DLF) leader stated that hereafter he will be using a personal vehicle belonging to a family relative.

Mr. Nanayakkara further...

Details: Category: Srilanka; Published: 14 March 2022

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Global fuel prices not only reason for Sri Lanka s price hike - Gammanpila

Former Energy Minister Udaya Gammanpila says that the increase in global fuel prices is not the only reason for the increase in fuel prices in Sri Lanka.

Speaking at a media briefing held in Colombo today (14), the PHU leader said that the highest fuel price hike in the history of Sri Lanka was carried out last Friday.

“If the General Secretary of t...