Sri Lanka is on the brink of either a historic political revolution where45 years of autocratic rule will end or a catastrophic break down of law and order that could have grave consequences.
Previous attempts to go for an International Monetary Fund bailout was blocked at cabinet by Water Minister Vasudeva Nanayakkara, who threatened to resign, a government minister has said.
LankaWeb – Ten party alliance to conduct rally in Nugegoda 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.
Public Utilities Commission (PUCSL) Chairman Janaka Ratnayake, while announcing the schedule for power cut for 9 March says that power cuts are due to lack of fuel and generators, an issue which he did not seem to have realised earlier. The need for additional power generators was lucidly explained by Dr. Tilak Siyambalapitiya in one […]
In the past year, we repeatedly urged the government and Central Bank against holding the dollar at Rs. 200, as it benefitted neither the Government nor the people of this country. Excessive money printing undermined the credibility of the US dollar peg at Rs. 200, as a result vital foreign exchange began to flow through […]