While the world confronts the macroeconomic impacts of the pandemic, the Russia–Ukraine conflict augments high fuel prices and food insecurity to the list of problems faced by the Global South. Apart from these issues, Sir Lanka is undergoing an economic crisis where it had to seek the IMF's US $2.9 billion package and the donor agency has called for debt restructuring for its release. Murtaza Jafferjee, Chairman of policy think tank Advocata Institute and CEO of JB Stockbrokers explains to Duruthu Edirimuni Chandrasekera of timesonline.lk on the importance of a careful and swift recovery for Sri Lanka amidst the plethora of challenges.
The Colombo–Kandy main road at Pahala Kadugannawa has been closed indefinitely after a deadly rockfall in the area that left six people dead and four others injured.
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