Inflation in Sri Lanka-1Kilogram of Flour is 500 So a bread will sold for 350.. buns for 150 may be there is no bread in a month
The All Ceylon Bakeries Association states that if a solution is not given to the current shortage of wheat flour in the country, within a month, the bakery production including bread buns will be completely lost. Its chairman Mr NK Jayawardena states that in such a situation people will not be able to go and buy a piece of bread. Due to the shortage of foreign exchange, the main flour import companies in this country are currently stopped importing their flour stocks. He also said that due to the importation of flour, there is a debt amount of 700 million dollars to be paid, so only hand money is able to get more flour. He further said that the price of a bundle of flour has increased to 25,000 rupees and if you buy flour at that price and make bread, a piece of bread can cost more than 350 rupees and a bun can cost more than 150 rupees.
Economic Crisis in Sri Lanka-350 million for the first instalment of the IMF loan have to privatize 39 public institutions
It is reported that 39 government institutions must be restructured to receive the first instalment of the loan given to Sri Lanka from the International Monetary Fund. Under this, the government institutions that are suffering losses are to be privatized Among the conditions presented by the International Monetary Fund is the reduction of corruption, political stability, obtaining a financial guarantee from local and foreign debt holders, and providing relief to the poor, including the implementation of the economic reform package. Sri Lanka has so far received loans from 2500 individuals and 117 institutions and 5000 crore rupees from state banks. 350 million dollars is to be received as the first loan instalment of the financial fund.
Sri Lanka won by 04 wickets in the match between Sri Lanka and Afghanistan
In the match between Sri Lanka and Afghanistan for Asia Cup, Sri Lanka won by 04 wickets. The Afghanistan team, who batted first in the match, scored 175 runs for the loss of 6 wickets at the end of their 20 overs. The Sri Lankan team played the reply innings and recorded the victory by losing 06 wickets in 19.1 overs.
Economic Crisis in Sri Lanka-Telephone charges are increased from tomorrow
All the telephone companies in Sri Lanka have announced other new charges effective from tomorrow. The announcement regarding the increase in service charges and increase in taxes is as follows.