Sri Lanka abandons plans to sell national carrier
Sri Lanka’s new government has abandoned plans to sell the debt-ridden national airline SriLankan Airlines, but will restructure it for a more profitable future.
Sri Lanka’s new government has abandoned plans to sell the debt-ridden national airline SriLankan Airlines, but will restructure it for a more profitable future.
The government has obtained loans amounting to Rs. 419,000 million by way of treasury bills and bonds within a 13-day period, alleged SJB district leader for Matale Rohini Kaviratne.
The Department of Pensions is set to distribute the monthly interim allowance of Rs. 3,000 to all pensioners starting today (16), the President’s Media Division (PMD) announced.
Senior Advisor to the President on Economic and Financial Affairs Prof. Anil Jayantha said that the government has not taken any special or unusual borrowing as published by the media.
The Government yesterday (15) reaffirmed its commitment to investigate all past crimes and prosecute those responsible, whilst clarifying the decision to select seven high-profile cases that have been prioritised for expedited review.
Cabinet Spokesman and Minister Vijitha Herath yesterday (15) confirmed the Government’s stance in favour of vehicle importation but stressed that it would not jeopardise the country’s foreign reserves or trigger another financial crisis.
The Leader of the United National Party (UNP), former President Ranil Wickremesinghe has announced that he will make a special statement to the public on Thursday (17).
A leading Buddhist monk in Trincomalee has been thwarted in his attempt to prevent a burial at a Muslim cemetery.
Israel expanded its targets in its war with Hezbollah militants in Lebanon on Monday, killing at least 21 people in an airstrike in the north, health officials said, while millions of Israelis took shelter from projectiles fired back across the border.
An investigation report is being finalized for its submission to courts in connection with the biggest mass grave found in Sri Lanka.