- Last Update 2026-04-04 19:34:00
Indian credit line alone not sufficient to overcome fuel crisis
Sri Lanka is banking on a USD500 million credit line from India to pay for its fuel bills, but the facility will not be sufficient to meet the fuel import bills in the upcoming months, Energy Ministry source said.
The Treasury would have to take a decision soon on a price revision or granting relief by lifting taxes enabling the Ceylon Petroleum Corporation to import, the source said.
The CPC Chairman Sumith Wijesinghe on Sunday (17) told the media that negotiations with the Indian High Commission are underway for the credit line facility.
Minister Udaya Gammanpila earlier said that the Minister of Finance Basil Rajapaksa has been told about the current status and that uninterrupted supplies of fuel could be provided only for the next months.
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50 more Forests declared under Wanaspati programme
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
- April 2, 2026 - 182 - 0
Water cuts commence from today in Colombo district
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
- March 27, 2026 - 151 - 0
Temperature set to increase to ‘Caution level’
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.
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