President Dissanayake Appeals for Austerity Measures to Counter Dollar Crisis.
President Anura Kumara Dissanayake has urged Sri Lankans to adopt austerity measures, specifically reducing fuel and imported goods consumption, to mitigate the economic strain caused by the strengthening US dollar.
Sri Lanka Weekly News Update: Tariff Hikes, Legal Summons, and Agricultural Progress.
A roundup of key developments in Sri Lanka, including an 18% electricity tariff hike for high consumers, the summoning of former President Mahinda Rajapaksa, and government assurances regarding fertilizer availability.
President Dissanayake Signals Potential Adjustment to Fuel Prices Amid Global Market Pressures.
President Anura Kumara Dissanayake has signaled that small increases in fuel prices may be unavoidable due to rising global costs and Middle East instability, despite significant government subsidies currently in place.
US Tariff Adjustments Could Push Federal Deficit Upward by $1.1 Trillion.
The Congressional Budget Office (CBO) has indicated that recent changes in US tariff policy could increase the federal deficit by $1.1 trillion over the next decade, though officials note that definitive long-term forecasting remains complex.














