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Taking a closer look at ‘aragalaya’ – By Dr. Tilak S. Fernando   The ‘Aragalaya’ or the protest by peaceful demonstrators in front of the Presidential Secretariat has exceeded fifty days and continues. The protesters claim the 6.9 million who voted for a change and for Gotabaya Rajapaksa failed to deliver what was promised on election platforms.  Fuel prices have gone up several times to unprecedented levels. Consequently, people stand in long queues mainly for petrol, gas and milk-food, while consumer prices are sky high. The scarcity of medicines in hospitals is also flashing red lights. People complain they have to spend their time in queues constantly. The poor cannot afford the wave of fuel and consumer price hikes. Yet, it is the fault of all Governments since Ceylon became independent in 1948 for not implementing robust economic policies. Still, everyone blames the present President in a matter of three ...

Jun 1, 2022 Posted by In Articles, Tilak S Fernando Tagged , , , , , , , ,
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Sri Lanka -current news – by Dr Harold Gunatillake Website:www.doctorharold.com New PM starts talks on Foreign Consortium for Financial Assistance • PM holds preliminary talks with foreign envoys representing India, Japan, United States of America and China • The Indian and Japanese envoys discussed the measures being taken to gather support from other foreign nations to help Sri Lanka’s economy Sri Lanka’s new Prime Minister, Ranil Wickremesinghe, has secured the support of key countries in the world such as India, the US, Japan and China. He is expected to get majority support in parliament also, though he is the lone representative of his party, the United National Party, in parliament. Wickremesinghe might not head a truly “national” government composed of all parties inparliament. But he might get the support of enough MPs to have a majority, that is, at least 113 in the House of 225. World’s Interest in Stability ...

May 16, 2022 Posted by In Articles, Dr harold Gunatillake Tagged , , , , , , , , , , , ,
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Cabinet reshuffle : Several Ministers changed Source:Dailynews Minister of Industries Wimal Weerawansa and Minister of Energy Udaya Gammanpila were today removed from their Ministerial Portfolios in accordance with the powers vested in President Gotabaya Rajapaksa under Article 47 (II) (b) of the Constitution of the Democratic Socialist Republic of Sri Lanka. Following the removal of Ministers Wimal Weerawansa and Udaya Gammanpila from their ministerial portfolios, several ministries were reshuffled. ...

Mar 5, 2022 Posted by In Articles Tagged , , ,
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SRI LANKA NEWS IN BRIEF (JANUARY 2019) – Compiled by Victor Melder                                              Foreign reserves had declined by USD 1 billion within the 51-day political crisis completely upsetting the debt management plans of the country, Prime Minister Ranil Wickremesinghe said, yesterday, making a ministerial statement in Parliament. The PM said he was confident of overcoming all the challenges in the economic front and the government would present a “people-friendly budget”. Wickremesinghe remained focused on stabilising the rupee. “The rupee depreciated by 3.8 percent within the 51 days of the crisis while other currencies gained value. From October 26 to December 16, 2018, USD 312.9 million in Treasury Guarantees, USD 29.1 million in Treasury Bills and USD 29.8 million in Treasury Bonds flowed out of the country. We previously had ...

Jan 31, 2019 Posted by In Articles, Victor Melder Tagged , , , , , Comments 0
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