Parliament to debate situation in the country

Price of a loaf of bread reduced

The price of a 450 grams loaf of bread has been reduced by Rs. 10, the Bakery Owners? Association said. Meanwhile, the price of wheat flour sold by Serendib Flour Mills and Prima Flour Mills has also been reduced. The price of wheat flour has been reduced by Rs. 15 per kilogram from today. (Colombo Gazette)

08 Mar, 2023

Overseas travel ban on Mahinda temporarily lifted

An overseas travel ban imposed on former Prime Minister Mahinda Rajapaksa, was temporarily lifted by the Fort Magistrate?s Court today. The ban has been lifted from 20 April to 30 April 2023. The overseas travel ban was imposed over a case related to the economic crisis. Former Prime Minister Mahinda Rajapaksa was among those accused of being responsible for the economic crisis. (Colombo Gazette)

08 Mar, 2023

Sri Lanka in talks to extend $1 billion Indian credit line

Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months, two sources told Reuters, as the island nation tries to line up funds for the rest of the year while the IMF looks set to approve a $2.9 billion loan for it soon. The credit line is to due to expire on March 17 with Sri Lanka having used only about two-thirds of it, mainly for medicines and food, said the sources and another person familiar with the matter. The extension talks come as the economy improves an

08 Mar, 2023