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Gammanpila says country is in 'debt trap' – The Island

‘Revival of tourism and foreign remittances not sufficient to overcome daunting challenge’ By Shamindra Ferdinando Energy Minister Udaya Gammanpila, who is also the leader of the Pivithuru Hela Urumaya has contradicted the much repeated SLPP government claim that the global Covid-19 epidemic caused the current financial crisis. Attorney-at-law Gammanpila emphasised that the ‘economic time bomb’ […]

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Minister reveals what is Sri Lanka's real crisis: Proposes 5-point process

Minister of Energy Udaya Gammanpila has asserted that debt was the true cause for the Forex crisis in Sri LankaContinue Reading

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Sri Lanka To Sign Agreement With India For $500 Million Credit Line Which Will Help Lanka Tackle Its Energy Crisis

Sri Lanka To Sign Agreement With India For $500 Million Credit Line Which Will Help Lanka Tackle Its Energy Crisis
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

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Sri Lanka to buy fuel from Indian Oil to tide over energy crisis

Sri Lanka has decided to purchase petrol and diesel, 40,000 metric tonnes each, from the Indian Oil Corporation, according to a Cabinet note on Tuesday, as part of the government's bid to tide over the current fuel and energy crisis faced by the island nation. The move came weeks after Power Minister Gamini Lokuge said that Sri Lanka will hold talks with the Indian Oil

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India Extends USD 500 Million Credit Line To Sri Lanka For Purchasing Fuel

India on Wednesday extended a USD 500 million credit line to Sri Lanka to fund the country s fuel purchases as the island nation struggles to overcome its worst financial and energy crisis in decades

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Sri Lanka to purchase emergency power for March drought

Sri Lanka will call proposals for emergency power to bridge a capacity deficit at the height of the dry season in March 2022, Cabinet spokesman Minister Ramesh Pathirana said.

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Sri Lanka To Buy Fuel From Indian Oil To Tide Over Ongoing Energy Crisis

Sri Lanka To Buy Fuel From Indian Oil To Tide Over Ongoing Energy Crisis
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SL to buy fuel from Indian Oil to tide over energy crisis - Top Nagaland News Today Get Latest News on Nagas

Sri Lanka has decided to purchase petrol and diesel, 40,000 metric tonnes each, from the Indian Oil Corporation, according to a Cabinet note on Tuesday, as part of the government’s bid to tide over the current fuel and energy crisis faced by the island nation.The move came weeks after Power Minister Gamini Lokuge said that […]

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Trawling for sprats in ocean of corruption

Trawling for sprats in ocean of corruption
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LankaWeb – Sri Lanka's foreign debt crisis leads to shortages in basic necessities

LankaWeb – Sri Lanka's foreign debt crisis leads to shortages in basic necessities
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

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