Inflation in Sri Lanka-Bread sold for 260 and a bun for 100 even now
With the shortage of wheat flour in the plantation areas, consumers have faced various difficulties as some traders have deliberately increased the prices of wheat flour and bread buns. Consumers say that some traders are selling wheat flour at a price between 375 and 400 rupees, bread at 240-260 rupees and buns at a price between 80-100 rupees. They further say that these traders know that wheat flour-related foods are eaten in abundance in those areas and are extorting the prices of wheat flour and wheat flour-related foods.
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.
Economic and Political Crisis in Sri Lanka-India should come forward to develop Trincomalee as an energy hub – Sri Lankan High Commissioner to India
Mr. Milinda Moragoda, the High Commissioner of Sri Lanka in India, has expressed confidence to the Indian media that the loan grant from the International Monetary Fund is not huge, but based on the confirmation received from it, Sri Lanka will be able to bring other aid and investors. Mr. Milinda Moragoda has also stated that the aid amount from the International Monetary Fund can be considered as the first step in an economic journey and that he appreciates the incentives provided by India for that. Furthermore, Mr. Milinda Moragoda has stated that India should come forward to develop Trincomalee as an energy headquarters.
The Political Crisis in Sri Lanka-The budget is passed with a majority of 115 votes
. The second reading of the budget presented to Parliament by President Ranil Wickremesinghe has been passed with a majority of 115 votes. In the voting held today in Parliament, 120 votes were received in favor of it and 5 votes were received against it. 43 MPs abstained from voting. The Samagi Jana Balawegaya and the Sri Lanka Podujana Group, which broke away from the ruling party, abstained from voting on this bill.
Inflation in Sri Lanka-Gas price reduced again
Litro Gas Company has decided to lower the gas price further. Accordingly, Lithro Gas Company Chairman Mr. Muditha Peiris stated that gas prices will be reduced from the fifth of September and the prices will be announced on that day.
Former Sri Lankan Cricket team member Muththaiah Muralidaran took 700 acres of land fraudulently
Samagi Jana Balawega MP Sarath Fonseka mentions that the former super spinner of the country, Muttiah Muralitharan, has acquired about seven hundred acres of land in other people’s names. Mr Fonseka also said in Parliament that Muralidharan has obtained the land for the middle class. The MP said that this year’s budget proposal also mentions the distribution of land and this is going to be done by distributing twenty acres each to his friends and supporters. Lanka c News
Political Crisis in Sri Lanka-Chinese domination is spreading in the Northern Province of Sri Lanka and it can never be approved- TNA
TNA Member of Parliament Mr Selvam Adekkalanathan states that Chinese domination is spreading in the Northern Province of Sri Lanka and it can never be approved. He also mentioned that his party is not against the development projects of the country, but due to the development projects of China in the northern province, the bond between the Tamil people and India will be affected. He said this while addressing the media in Vavuniya. He said that it has been seen that the Chinese representatives are visiting the northern province more and more these days and are engaged in some activities and he said that they can use this as an opportunity to point out that the people of the north are against India.