Price of Kerosene reduced by Rs 5 per litre from today

Pakistan sees attempt to make country default like Sri Lanka

Pakistan Finance Minister Ishaq Dar claimed that geopolitics was behind a stalled loan programme as global institutions wanted Pakistan to default like Sri Lanka and then enter negotiations. Testifying before the Senate?s standing committee on finance, Ishaq Dar stressed that the country would meet its obligations with or without the IMF’s bailout package. He said no reason had been given by the IMF for the ?unnecessary delay? behind the ninth review, which has been pending since November. ?IM

16 Jun, 2023

Pastor Jerome being investigated for money laundering

Pastor Jerome Fernando is being investigated for money laundering, the Attorney General informed the Court of Appeal today. Senior State Counsel Shaminda Wickrama told court that the Criminal Investigations Department (CID) is conducting investigations on the controversial preacher. Pastor Jerome Fernando filed a Fundamental Rights (FR) petition before the Supreme Court seeking an order preventing his arrest by the CID. The self-proclaimed prophet had named the Inspector-General of Police (IG

15 Jun, 2023

UNDP says Sri Lanka stands at a critical juncture

The United Nations Development Programme (UNDP) says Sri Lanka stands at a critical juncture, seeking avenues for sustainable development while positioning itself as a responsible global player. In this pursuit, sustainable finance and private capital have emerged as a transformative force, offering a unique opportunity to address pressing environmental and social challenges while driving economic growth, the UNDP said. “By integrating sustainability principles into its financial systems and a

16 Jun, 2023