Section of Dickmans Road begins to sink

COPE declares war on Manusha Nanayakkara

The Committee on Public Enterprises (COPE) has declared war on Minister Manusha Nanayakkara and is to complain against him to Speaker Mahinda Yapa Abeywardena as well as President Ranil Wickremesinghe. The complaint is on critical comments Minister Manusha Nanayakkara had made with regards to the office of the Auditor General and COPE. COPE had received a letter from the Auditor General raising concerns over the statements made by the Minister of Labor and Foreign Employment Manusha Nanayakkar

09 Jan, 2023

Sri Lanka’s central bank urges China and India to reduce its debts

Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (?2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri Lanka’s billions of dollars of debt. The governor of Sri Lanka’s central bank told BBC Newsnight it was in the interest of all parties to act quickly. P. Nandalal Weera

12 Jan, 2023

Foreign Ministry summons Canadian envoy in Colombo

By Easwaran Rutnam The Foreign Ministry today summoned Canada’s Acting High Commissioner to Colombo Daniel Bood and expressed Sri Lanka’s displeasure over the decision to impose sanctions on former presidents Gotabaya Rajapaksa and Mahinda Rajapaksa. Foreign Minister Ali Sabry told Colombo Gazette that he met the Canadian envoy at the Ministry of Foreign Affairs and raised Sri Lanka’s concerns over the move. The new Canadian High Commissioner to Sri Lanka, Eric Walsh, is yet to present his cr

11 Jan, 2023