report in The Morning, July 11, 2023State Minister of Ports and Aviation Premalal Jayasekara said that the implementation of the new project to launch transport services, for both passengers and cargo, to India via the Kankesanthurai (KKS) Port which was recently approved by the Government of Sri Lanka is likely to be delayed by a further six months as the Indian Government is yet to approve the project. Speaking in this regard at a media…
Posts tagged as “Sr Lanka”
AFP report in Daily Mirror online, 21 March 2023Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said yesterday on the eve of a desperately needed US $ 2.9 billion International Monetary Fund (IMF) bailout. Wickremesinghe’s office quoted him as saying the widely expected IMF rescue “will only give us a breathing space where they will say we are no longer bankrupt”. “All the money we have to…