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Political stability is critical for Sri Lanka to resolve the economic crisis – U.S Ambassador

The United States Ambassador to Sri Lanka, Julie Chung last Friday stressed that the political stability is critical to undertake lasting and decisive structural reforms in addressing the root causes…

President Biden announces $20 Million in additional assistance to feed over 800,000 Sri Lankan children

At the G7 Summit today, President of the United States Joe Biden announced $20 million in additional assistance to strengthen food security in Sri Lanka.  Building on other recent funding…

A new Cabinet Sub Committee proposed to address the country’s food crisis

The Committee on Public Accounts (COPA) recommended that all Ministries should unite and set up a Cabinet Sub-Committee on Food Security to address the food crisis in the country. The…

Liquor demand down by 30% in Crisis-hit Sri Lanka

 Sri Lanka Excise Department revealed that t the demand for the liquor has decreased by about 30% due to the recent increase in the price of liquor and the decrease…

Dhammika Perera sworn in as a Member of Parliament

Top Businessman Dhammika Perera was sworn in as a National List Member of Parliament of the Sri Lanka Podujana Peramuna before Hon. Mahinda Yapa Abeywardana, the Speaker of Parliament today…

United States to Provide an Additional $5.75M to Crisis-hit Sri Lanka

The U.S. government announced a third tranche of new funding today to address the immediate needs of people hardest hit by the economic crisis in Sri Lanka.  This humanitarian assistance,…

The United States contributes $27 million to double Sri Lanka’s dairy production

The U.S. Ambassador to Sri Lanka Julie Chung attended the signing ceremony for a Memorandum of Understanding (MOU) with the Sri Lankan Department of Agriculture, for a $27 million project…

Parliament Approves Rs.695 billion Supplementary Estimate

The Supplementary Estimate of Rs. 695 billion presented by Prime Minister Ranil Wickremesinghe in his capacity as the Minister of Finance, was approved yesterday (08) in Parliament without a vote…

 Sri Lanka needs $6 billion to keep the country afloat for the next six months

Sri Lanka requires $6 billion during the next six months to keep the country afloat, according to Prime Minister Ranil Wickremesinghe. Over half of the requirements is for fuel and…

The debate on Rs. 695 billion Supplementary Budget is scheduled for the 8th

The debate on the Supplementary Estimate of Rs. 695 billion which is to be presented on the 7th by the Prime Minister, Ranil Wickremesinghe will be taken up for debate…