Police ordered to use minimum force at filling stations

Sri Lanka to import eggs to meet market demand

The Sri Lankan Government has decided to import eggs to meet the demand in the market. The decision was taken during a Cabinet meeting held today. A proposal was put forward to import eggs and the proposal was approved. Bakery owners had said last week that there was a serious shortage of eggs in the market. The shortage was as a result of poultry associations refusing to sell eggs at Rs. 55 in the market. An egg was being sold at Rs. 60-70 in some places. As a result, the Government had d

02 Jan, 2023

Cabinet postpones decision on tariff hike

The Cabinet has postponed the decision on the proposed electricity tariff hike. Minister of Power and Energy Kanchana Wijesekara had submitted a Cabinet Paper on the proposed revision of electricity tariffs to the Cabinet. However, the Cabinet had decided to study the matter further and take a decision at its next Cabinet meeting next week. Wijesekara said that an additional one week was given to the Cabinet of Ministers for their observations on the proposals. ?Proposed Electricity tariff r

02 Jan, 2023

IMF wants to resolve debt crisis in Sri Lanka

The International Monetary Fund (IMF) wants to solve the debt crisis in Sri Lanka. IMF Managing Director Kristalina Georgieva said that high interest rates and the depleting dollar are devastating for many countries, such as Chad, Ethiopia, Zambia, Ghana, Lebanon and Sri Lanka. She said the IMF must solve the debt problem in those countries. ?This is why at the IMF, we are working very hard to press for debt resolution for these countries,? Georgieva said. Georgieva expressed these views on

02 Jan, 2023