The army provides Diesel to bring vegetables to Colombo
Mr Nandana Galaboda, District Registrar of Nuwara Eliya, said that the lorries that transport vegetables daily from the Nuwara Eliya Economic Center to the Colombo Menin Market and other provinces’ economic centres have started issuing diesel fuel from the Sri Lanka 3rd Lion Regiment Army Camp, Nuwara Eliya on (01). Thus, the officials of the Nuwara Eliya Economic Center gave a list of lorries running daily. The district secretary said that steps have been taken to release fuel from the army camp to those lorries and to the lorries that bring the harvest of the farmers growing vegetables in the Nuwara Eliya area to the Nuwara Eliya Economic Center every day. Farmers growing vegetables in Nuwara Eliya were in a conflict state as they were unable to send their crops to the market due to a lack of diesel fuel.
Sri Lanka has reached the zone of hyperinflation- Bloomberg
The world-famous Bloomberg magazine states that Sri Lanka has reached the zone of hyperinflation. They point out that this situation has arisen after inflation exceeded 54% last June. They also point out that Sri Lanka has entered this situation by exceeding the 50% level commonly used by many economists to define hyperinflation.
The economic crisis in Sri Lanka- The rupee is about to lose its value
Economic analyst Mr Dhananath Fernando states that if the inflation rate rises to 60%-70%, the country’s currency will lose its value. He says that a system should be prepared to get money to the people with economic difficulties while controlling inflation. He also said that the current inflation in Sri Lanka reached a figure of 54% not only because of global factors but also because of local factors.
A special message from Japan to Sri Lanka
Japanese Ambassador Hideaki Mizukoshi says that he will continue to support the program with the International Monetary Fund and strengthen bilateral relations for Sri Lanka’s development activities. The Ambassador mentioned this in the meeting held with President Gotabaya Rajapaksa at Fort President House, Colombo yesterday afternoon. Mr Hideki Mizukoshi also said that efforts will be made to continue the economic, social and cultural relations with Sri Lanka. The President expressed his gratitude to the Ambassador for Japan’s support for Sri Lanka.
The USA will support finding solutions to the economic problem- American Ambassador
American Ambassador Julie Chung says that the USA will be supported to find solutions to the economic problem. This was mentioned in the meeting held between Ms Julie Chang and the President on the afternoon of the 30th at Fort President House, Colombo. The high-ranking diplomatic delegation from that country said that the United States of America will provide support to maintain the relationship established with the International Monetary Fund. American President Joe Biden also took steps to provide humanitarian aid on several occasions. President Mahinda Rajapaksa thanked US President Joe Biden for his support to Sri Lanka on behalf of the International Monetary Fund and its humanitarian assistance. Ms. Julie Chung told the President that she was aware of the current situation facing Sri Lanka and hoped that the country would recover soon.
Japan do not plan to provide financial assistance to Sri Lanka soon because there is a possibility of It is being misused – Japan informs
Mizukoshi Hideaki, the Japanese ambassador in Colombo, has stated that Sri Lanka will not be aided at this time. He mentioned this in a discussion with the Tamil National Alliance yesterday. The Japanese ambassador has also mentioned that if financial aid is given to Sri Lanka at this time, there is a risk of it being mismanaged. However, the TNA added that assistance to Sri Lanka could be considered later.
Australia won the first Test match
Australia won by 10 wickets in the first Test cricket match held at the Galle International Cricket Stadium between the touring Australia team and the Sri Lankan team. Sri Lanka scored 212 runs in their first innings and Australia, who played the reply innings, scored 321 runs. Sri Lanka scored 113 runs in the second innings. Accordingly, the Australians got the 5 points required for the victory without losing any wicket.
Sri Lankan president request assit from Russia to buy fuel
President Gotabaya Rajapaksa has sent a letter to Russian President Vladimir Putin asking for Sri Lanka’s support in purchasing fuel from Russia, the media reports citing sources in the presidential office. The report also states that the president hopes to discuss with the Russian president over the phone and is also looking forward to joining a trip to Moscow. Sri Lanka is currently facing an acute fuel crisis and fuel is being released only for essential services. Daily Mirror
Economic Crisis in Sri Lanka -Bus fares will be increased by 22%
Measures have been taken to increase bus fares with effect from yesterday midnight. Accordingly, bus fares will be increased by 22% and the minimum bus fare will be increased to 40 rupees. This has been approved by the National Transport Commission. The increase is in line with the annual bus fare revision that took effect on July 1.
America only assist partners with globally recognized monitoring and assessment standard -US Ambassador Colombo
US Ambassador Colombo Julie Chung stated that the United States assists only partners with globally recognized monitoring and assessment standards. She added that oversight and transparency were essential in the implementation of the aid program. She added that this would help in monitoring the expenditure of aid as well as ensuring that support is provided to those in need.