Lanka IOC, the Sri Lankan subsidiary of ... reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people.
Crisis-hit Sri Lanka on Tuesday raised ... reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people.
The latest easing brings the total interest rate cuts to 700 basis points since last year as Sri Lanka began a painful ... the start of the year pushed up prices and boosted inflation to 5.9% ...
The latest easing brings the total interest rate cuts to 700 basis points since last year as Sri Lanka began a painful recovery after ... 3% sales tax increase at the start of the year pushed up ...
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The central bank cut its key lending rate from 10% to 9.5% and the deposit rate from 9.0% to 8.5%, the first decrease in four months. (Reuters pic) COLOMBO: Sri Lanka’s central bank cut interest ...
COLOMBO: Sri Lanka’s central bank cut interest rates ... cut generous energy subsidies and raised prices of essentials to shore up state revenues. Tourism and foreign remittances have also ...
Crude oil prices increased ... keeping output cuts in place. Overall, both Brent and WTI prices increased by more than US dollars 3.00 per barrel during the review period. The situation, therefore, ...
COLOMBO, April 16 (Reuters) - Sri Lanka on Tuesday rejected international ... 2022 leaving it unable to pay for essentials including fuel, cooking gas, and medicine. The island nation defaulted ...
Poor governance caused Sri Lanka’s economic downturn and it culminated in bankruptcy. It is quite evident that poor ...
According to sources fuel consumption will witness a further decline owing to nearly 200 countries including Sri Lanka signing the ... subsequent economic crisis, prices of petrol and diesel ...
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, ...