Sri Lanka

803 Articles
Sri Lanka

Sri Lankans still paying nearly twice as much for electricity as in 2022

Sri Lanka’s electricity tariffs remain nearly 96% higher on a net average basis compared to rates in August 2022, despite several downward revisions,...

Sri Lanka

Jailed ex-ministers appeal to visiting MPs for help

Former ministers Mahindananda Aluthgamage and Nalin Fernando, who are currently serving lengthy prison sentences at the Welikada Prison, have reportedly appealed to visiting...

Sri Lanka

Sri Lanka has ‘no room for policy errors’ in economic reforms, IMF says

Sri Lanka has made substantial progress on an IMF-supported economic reform program, but more work is needed to reduce the Asian country’s 24.5%...

Sri Lanka

Minister admits role in fueling unsustainable public sector hiring

Agriculture Minister K.D. Lal Kantha admitted that he and others who once led street protests demanding public sector jobs must also shoulder responsibility...

Sri Lanka

Sri Lanka risks losing UN-backed marine research mission

Sri Lanka is at risk of forfeiting a multimillion-dollar marine research opportunity coordinated by the United Nations Food and Agriculture Organization (FAO), following...

Sri Lanka

World Bank projects Sri Lanka’s growth to slow to 3.5% in 2025

Sri Lanka’s economic recovery remains fragile, with growth projected to decelerate to 3.5 per cent in 2025, reflecting the lingering effects of the...

Sri Lanka

Justice Minister takes swipe at President over ex-CJ’s UN posting

Justice minister Harshana Nanayakkara says he is unaware of the basis for former chief justice Jayantha Jayasuriya getting the position of Sri Lanka’s...

Sri Lanka

Handunnetti’s 650 M USD foreign investment claim refuted

Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva has refuted a claim by minister Sunil Handunnetti that 650 million US dollars’ worth...