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Al Mayadeen's correspondent: Israeli occupation forces blew up Noura Al-Kaabi Hospital, designated for kidney dialysis patients, in the northern Gaza Strip
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Yemeni Armed Forces Spokesperson Yahya Saree: The remaining airlines that have not yet complied with the ban are urged to take this into serious consideration to ensure the safety of their aircraft and passengers
Yemeni Armed Forces Spokesperson Yahya Saree: The YAF, after successfully imposing a partial ban on air traffic at Lydd Airport, are now working to impose a full ban on air traffic at the aforementioned airport in the coming period
Yemeni Armed Forces Spokesperson Yahya Saree: YAF's UAV Unit carried out three military operations targeting three vital Israeli sites in the occupied Palestinian areas of Yafa, Isdud, and Umm al-Rashrash, using three drones
Yemeni Armed Forces Spokesperson Yahya Saree: The operation successfully achieved its objective, causing millions of Zionist settlers to flee to shelters and bringing airport operations to a halt
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SDF announces the killing of three of its members as a result of ISIS cells detonating a landmine targeting a vehicle of a security patrol on the Hasaka-Raqqa road

Sri Lanka runs out of printing papers, cancels school exams

  • By Al Mayadeen Net
  • Source: Agencies
  • 19 Mar 2022 16:02
2 Min Read

Sri Lanka's ongoing economic crisis causes a paper shortage and leads to the cancellation of school exams.

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  • Sri Lanka shortage on printing paper deprives millions of students from taking their exams
    Sri Lanka's shortage of printing paper deprives millions of students of taking their exams

Sri Lanka canceled exams for millions of school students as the country ran out of printing paper with the country's capital, Colombo, short on dollars to finance imports, officials confirmed Saturday.

Education authorities announced the term tests - scheduled a week from Monday - were postponed indefinitely due to an acute paper shortage as Sri Lanka contends with its worst financial crisis since independence in 1948.

"School principals cannot hold the tests as printers are unable to secure foreign exchange to import necessary paper and ink," the department of Education of the Western Province pointed out.

Official sources said the move could effectively hold up tests for around two-thirds of the country's 4.5 million students.

Term tests are part of a continuous assessment process to decide if students are promoted to the next grade at the end of the year.

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The people of #SriLanka are suffering amid a crippling economic crisis that has been accumulating for more than a decade.#srilankacrisis pic.twitter.com/oqsMLAm1pZ

— Al Mayadeen English (@MayadeenEnglish) March 16, 2022

Sri Lanka seeks an IMF bailout

An economic crisis brought on by a shortage of foreign exchange reserves to finance essential imports, has seen the country run low on food, fuel and pharmaceuticals.

The South Asian country announced this week that it will seek an IMF bailout to resolve its foreign debt crisis and shore up external reserves.

The International Monetary Fund on Friday confirmed it was considering President Gotabaya Rajapaksa's Wednesday request to discuss a bailout.

Around $6.9 billion of Colombo's debt needs to be serviced this year but its foreign currency reserves stood at nearly $2.3 billion at the end of February.

Long queues have formed across the country for groceries and oil with the government instituting rolling electricity blackouts and rationing of milk powder, sugar, lentils, and rice.

  • International Monetary Fund
  • IMF
  • Asia
  • Sri Lanka
  • colombo
  • South Asia

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