Archive for January 3rd, 2022

Fertilizer crisis: Farmers facing difficulties due to lack of fertilizer (Video)

Monday, January 3rd, 2022

Courtesy Hiru News The National Federation of Tea Smallholders stated that they have faced many difficulties due to the collapse of their products. Meanwhile, farmers in several parts of the country are still complaining about the lack of fertilizer.

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MP Wijeyadasa Rajapakshe writes to Chinese President

Monday, January 3rd, 2022

Courtesy Hiru News Parliamentarian President’s Counsel Dr. Wijeyadasa Rajapakshe has forwarded a letter to Chinese President Xi Jinping, requesting that China halt the economic invasion into Sri Lanka. In the detailed letter, MP Rajapakshe points out that the bilateral relationships between China and Sri Lanka extend back to the pre-era of B.C., where Bhikku Faxian […]

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Caste and Education in the North

Monday, January 3rd, 2022

By Mahendran Thiruvarangan Courtesy The Island The last Kuppi Talk article by Erandika de Silva discussed the disjuncture between the emphasis on standardisation and the absence of serious efforts to address the challenges facing students and teachers in the peripheries due to socio-economic inequalities. She drew insights from her own teaching experiences in the North […]

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NEWS‘Maha season ruined, Yala will be a disaster’

Monday, January 3rd, 2022

By Shamindra Ferdinando Courtesy The Island No agro-chemical imports yet, only fraction of liquid fertilizer received The government lifted the ban on agro-chemical imports, well over a month ago, but the country is yet to receive much-needed fertiliser supplies. The President’s Office on Nov. 22 announced the ending of the ban on agro-chemicals imports introduced […]

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President should bear responsibility for food crisis: Tilvin

Monday, January 3rd, 2022

Courtesy The Daily Mirror While commenting on prevailing economic crisis and food scarcity were due to the ignorant decisions by the government, the Janatha Vikuthi Peramuna (JVP) said today the President should bear the entire responsibility for the food scarcity. JVP General Secretary Tilvin Silva told a news conference that even though President Gotabaya Rajapaksa […]

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Inflation hits double-digits in December rubbishing Central Bank’s transitory claims

Monday, January 3rd, 2022

Courtesy The Daily Mirror Highest since January 2009; breaks country’s 12-year record of maintaining single-digit inflation Food inflation tops 20%; monthly increase exceeds 5% CB says a large component of inflation driven by supply side factors” A gentle Christmas rally normally seen in prices every December turned into a blowout in December 2021, as inflation […]

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Record money printing in 2021 as Central Bank-held Treasury bill stock tops Rs.1.4tn

Monday, January 3rd, 2022

Courtesy The Daily Mirror Among the records made last year—most of which didn’t necessarily bring in a sense of achievement—was the record phase at which money was printed, as the Central Bank, influenced by the Modern Monetary Theory (MMT), flooded the markets with liquidity to support the government bloat its fiscal deficit.  As at the […]

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Basil back, now eying PM post?

Monday, January 3rd, 2022

Courtesy The Daily Mirror In a major twist of events, Finance Minister Basil Rajapaksa who returned back to the country from the United States on January 1st morning, is internally campaigning to be appointed as the Prime Minister in the coming months, replacing his brother Mahinda Rajapaksa whilst also calling for an urgent cabinet reshuffle, […]

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A Rs 229 billion economic relief package announced

Monday, January 3rd, 2022

Courtesy The Daily Mirror The Government today announced a Rs 229 billion economic relief package which comprises a Rs 5000, salary hike for state workers, increasing of pensions, Samurdhi and special stimulus payment for home gardens. Minister of Finance Basil Rajapaksa told a press conference that the cabinet today decided to grant an allowance of […]

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Court order preventing payment for Chinese fertilizer shipment dissolved

Monday, January 3rd, 2022

Courtesy Adaderana The Colombo Commercial High Court has dissolved the enjoining order preventing the payment on Letter of Credit to the Chinese company that shipped a disputed consignment of organic fertilizer to Sri Lanka, as all parties had agreed for a settlement.  The court was expected to deliver its decision on extending or revoking the […]

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COVID: 365 new cases detected and another 18 COVID deaths in Sri Lanka

Monday, January 3rd, 2022

Courtesy Adaderana The Ministry of Health reported that another 365 persons have tested positive for coronavirus today (03).  This figure includes 06 persons who had arrived in the country from overseas. Sri Lanka’s tally of confirmed cases of Covid-19 climbs to 588,300 with this while the number of infected patients currently undergoing treatment is 12,135. […]

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How to manage our foreign exchange in this time of Crisis

Monday, January 3rd, 2022

Garvin Karunaratne Veteran administrator,  Sudat Gunasekera former Secretary to the Hon Prime Minister , has said in his Paper  What the Government should do to get rid of the present financial crisis ailing the country? in Lanka Web, 2/1/2022 what measures Sri Lanka has to take to get out of the financial  mess we are in. I  […]

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The rise of ‘Hoo Keliya’ by the people

Monday, January 3rd, 2022

Courtesy The Island Crackers did burst, and rockets did fly with blasts. As the old year folded up, the fireworks continued. Were some of the louder blasts from gas cylinders? Who knows, with no legal action taken against those gas-blast dealers so far. The law can wait till they draw in all the crooked profits. […]

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