Global logistics under pressure from Russia’s invasion
It was expected that the Trans-Siberian Railway would serve as an alternative to sea freight, but there are no prospects for resuming the use of the railway for logistics.
It was expected that the Trans-Siberian Railway would serve as an alternative to sea freight, but there are no prospects for resuming the use of the railway for logistics.
Business leaders and consumer rights associations said such a major hike would not only affect the prices of daily essentials but also hurt export and industrial production.
She also said austerity should be practised normally without being afraid of it.
The central bank has so far injected a record $5.31 billion in the current fiscal year to lessen the US dollar shortage faced by banks.
The ruling and main opposition parties have clashed over how much of the budget should be used to assist pandemic-hit small-business owners as promised.
The state-owned oil monopoly has jacked up the price of petrol 13 times in a year. Petrol now costs Rs170 per liter, a 38.21 percent jump from last year.
In the past two years, car loan interest rates have generally not breached the 2 per cent mark.
The lifting of the ban would potentially unlock the resources of Southeast Asia’s largest untapped copper-gold minefield.
Prices of raw materials such as cooking oil have spiked, and other costs, such as manpower or utility bills, have also risen significantly.
“I am going to change many of the policies of the Rajapakasa government,” he said.