Sri Lanka’s forex crisis to prolong fuel shortage at least for 12 months – minister Measures will be imposed to curb fuel import bill Source:Economynext ECONOMYNEXT – Sri Lanka’s fuel import will have to be limited for the next 12 months due to a dollar shortage and a systematic fuel rationing system with a QR-code is being rolled out nationwide, the Power and Energy Minister Kanchana Wijesekera said. The QR system is to be implemented island-wide on Tuesday 26 as a measure to supply fuel as the government cannot fulfil the daily demand, the minister said in his Twitter feed. “Due to Forex issues, fuel imports have to be restricted in the next 12 months,” Wijesekera said on Monday (25). Sri Lanka’s average fuel import bill is around 500-550 million US dollars per month at present while the country has only a few million usable reserves as of end-June. ...

Read More →

Much-awaited fuel distribution begins today as pilot project in Colombo-By Ifham Nizam Source:Island The much-awaited fuel distribution will commence today from Colombo and countrywide from next Monday as instructed by Power and Energy Minister Kanchana Wijesekera on Tuesday. 1236 Ceylon Petroleum Corporation (CPC) filling stations will dispense fuel using the new app with QR code and the last number on the vehicle number plates. To date, more than one million motorists have registered under the new system. Motorcycles will be permitted fuel up to a limit of Rs.1,500, three-wheelers Rs. 2,000 and cars, vans, lorries, buses Rs.7000. A spokesman of the Power and Energy Ministry said that fuel would be issued based on the last digit of the vehicle registration number; Number plates ending with 0,1,2 will be issued fuel on Tuesday and Saturday; number plates ending with 3,4,5 will be issued fuel on Thursday and Sunday; and number plates ...

Read More →

Sri Lanka Situation – By Dr Harold Gunatillake Website – www.Doctorharold.com Sri Lanka left with fuel stocks for around five days, minister Kanchana Wijesekera says Sri Lanka’s fuel stocks will last five more days, its power and energy minister said on Thursday (Jun 16), as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel. “We are struggling to get fuel supplies due to our forex issues, and the government is working to manage existing stocks of diesel and petrol until Jun 21,” the minister told reporters. “We are finding it very difficult to meet demand, and stocks could run out faster if we do not cut back on non-essential travel and stop hoarding fuel.” “We expect a petrol shipment within the next three days and another two shipments in the next eight days,” he added. Sri Lanka is waiting for official ...

Read More →

Sri Lanka-current 27th May 2022 – By Dr Harold Gunatillake *Sri Lanka PM to take over as finance minister too. Ali Sabry, previous finance minister, resigns *Wickremesinghe will present an interim budget within six weeks that will slash government expenditure ‘to the bone’. *The PM is seeking $4bn from the IMF, China and Japan to pay for food and fuel even as he slashes the budget to ‘bare bones’. *Sri Lanka’s Rajapaksa Appeals for Bridging Finance in TokyoLanka has run out of money to pay for food, fuel, medicines and other daily need. *Sri Lanka hikes fuel prices, hires financial and legal advisers *Sri Lanka’s inflation increased by 20-24 per cent Lanka’s Prime Minister Ranil Wickremesinghe will take charge as finance minister, the president’s office has announced. It will lead talks with the International Monetary Fund (IMF) as the crisis-hit nation seeks a bailout. “Prime Minister Ranil Wickremesinghe was sworn ...

Read More →

Royalists elected to Parliament 2020 – Prepared by eLanka   Royalists in Parliament. The Country is STILL in good hands!!! DISCE AUT DISCE DE!!   Sri Lanka Podujana Peramuna. Photo Source:twitter.com Dinesh Gunawardana Photo Source:wikipedia.org Rinanjith Siyambalapitiya Photo Source:powermin.gov.lk Mahindananda Aluthgamage Photo Source:facebook.com Priyankara Jayaratne Photo Source:alchetron.com Dilan Perera Photo Source:twitter.com Kanchana Wijesekera Photo Source:agrimin.gov.lk Vidura Wickramanayake (Kalutara 1st) Photo Source:ft.lk Anuradha Jayaratne Photo Source:colombogazette.com Nipuna Ranawaka (Matara 1st)   Anupama Pasqual   Gavindu Kumaranatunge Photo Source:magzter.com Jeewan Thondaman (Nuwaraeliya 1st)    Samagi Jana Balaweegaya   Photo Source:businessnews.lk Sajith Premadasa Photo Source:facebook.com Gayantha Karunathilaka Photo Source:dailynews.lk Luxman Kiriella Photo Source:adaderana.lk Kabir Hasim Photo Source:facebook.com Rauff Hakeem Photo Source:facebook.com Harsha de Silva Photo Source:dailynews.lk Harshana Rajakaruna Photo Source:twitter.com Kavinda Jayawardena Photo Source:sundayobserver.lk Kins Nelson Photo Source:twitter.com Imran Maharoof   Others Photo Source:colombotelegraph.com S.M. Sumanthiran Photo Source:ceylontoday.lk G. Ponnambalam Photo Source:dailymirror.lk CV Wigneswaran Photo Source:newsfirst.lk Duminda Dissanayaka     ...

Read More →