News

20% devaluation or IMF bailout

Sri Lankan economists say devaluation or a bailout package from the IMF is inevitable to head off a foreign exchange crisis where reserves have fallen to little more than six weeks of imports but the Central Bank (CB) is adamant that it has its own strategies to tackle the situation.

 
Heavy clashes: 20 Tigers, 7 soldiers killed

At least seven soldiers and 20 LTTE cadres were killed at Dharmapuram on the Paranthan – Mullaitivu road, as Tiger guerrillas continued to offer pockets of resistance to the advancing security forces who are closing in on the last positions held by them, defence sources said yesterday.

 
Other News Articles
20% devaluation or IMF bailout
Heavy clashes: 20 Tigers, 7 soldiers killed
CID hunts for MTV news chief
India again asks for Prabha
Germans retaliate to summoning of envoy
Amunugama gets finance job also
Delinquent pensioners’ payments to be stopped
Global crisis hits Southern exports
Sri Lanka presses claim for more GSP plus concessions
No bail for Tissainayagam
Bellanwila Deputy Chief appointed Anunayake
US Pacific Command team meets EP Chief Minister
Bless for soldiers
Level admissions field for all schools
Independent commission salary increases
Pillayan’s PS chairman remanded for dog theft
Relief programme for families from the North
Getting ready for people fleeing heavy fighting
Civilians must be protected: UN tells LTTE and Govt.
More to come, says military
Armed forces poised to take last bastion of LTTE
MTV attack: Mystery deepens as police trail temple lead
Empty chairs at PC polls rallies
Railway protesters are not budging
After the victory: Full-scale development in the north but no racist appeasement
Sri Lanka’s largest coral region uncared for and neglected
Recycling industry in the dumps

 
 
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