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India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri Lanka, the country’s foreign minister said in […]
- Minister Sabry praises India for being first country to support Lanka’s debt restructuring (Category: Breaking News)
- Sabry denies China caused SL debt crisis (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Sri Lanka hopeful China will provide debt restructuring assurances - Sabry (Category: Breaking News)
[…]The post Is It Wise To Criticise The Mahā Sangha? appeared first on Colombo Telegraph.
- Hindu & Buddhist Priests Who Dabble In Politics (Category: Breaking News)
- Follow-Up On The Buddhist-Tamil Dialogue In Europe & USA (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- Should The Country Be Governed By As Sangha Says?: A Rejoinder (Category: Breaking News)
[…]The post Selling Our Troubles In Bankrupt Times – Sri Lanka’s Anarchism appeared first on Colombo Telegraph.
- Love Him Or Hate Him: Only Ranil Wickremesinghe Has The Depth Of Mind To Focus On Future Directi... (Category: Breaking News)
- The Dog’s Case of Professor Ashu & Hirunika’s Indiscretion (Category: Breaking News)
- Strikes & Protests: Everything, Everywhere, All At Once To Block The IMF (Category: Breaking News)
- Taxing Times (Category: Breaking News)
[…]The post Crisis-Hit Sri Lanka Economy appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
- Citizens Should Be Aware Of The Burden Of Total Government Expenditure (Category: Breaking News)
[…]The post Taxing Times appeared first on Colombo Telegraph.
- Still On The Rotten Bridge (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Politics Beyond 22 (Category: Breaking News)
- Selling Our Troubles In Bankrupt Times – Sri Lanka’s Anarchism (Category: Breaking News)
One year into the Russian invasion of Ukraine, it is all too clear that none concerned has in any way gained by it. The two main sides to the conflict have dug their heels in and are in an unrelenting posture, raising the possibility of the Ukraine situation degenerating into yet another humanly-costly ‘Killing Field’. […]
- Biden at UN urges world to stand by Ukraine in fight against Russian invasion (Category: Breaking News)
- ‘Containment Theory’ returns to West’s ties with East (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- Ukrainian president blames Russia for Sri Lanka crisis (Category: Breaking News)
Veteran banker, Faizal Salieh, has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC). He has been appointed to the post with effect from 20 February 2023. Salieh served as the Chief of Corporate and Merchant Banking at ANZGrindlays Bank; COO of NDB; Executive Director/CEO of NDB Housing […]
- World Bank calls for quick restructuring of Sri Lanka’s debt (Category: Breaking News)
- Sri Lanka seeks support to expedite response from IMF (Category: Breaking News)
- UNP suspends 1,137 local council members (Category: Breaking News)
- G20 backs swift resolution to Sri Lanka’s debt situation (Category: Breaking News)
[…]The post Child’s Guide To Bitcoinisation Of Sri Lanka Economy appeared first on Colombo Telegraph.
- The Central Bank Rejected U.S. Billionaire’s Bitcoin Pitch (Category: Breaking News)
- Embracing the Cryptocurrency Wave, Sri Lanka Ventures into Bitcoin and Blockchain Technology (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post A Painted Ship In A Painted Ocean appeared first on Colombo Telegraph.
- Being Meticulously Scrupulous! (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
[…]The post Qualified Candidates Essential For System Change appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The National People’s Power (NPP) (Category: Breaking News)
- The Three Crossroads – Part II (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).The post Sri Lanka President delivers Government’s policy statement in Parliament appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Policy Statement – Full Text appeared first on Colombo Telegraph.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe told Parliament today that he will continue with his unpopular decisions. Making his throne speech, Wickremesinghe said that he is not here to be popular. He said that the unpopular decisions he takes will have positive results in the years to come. The President said that Sri Lanka expects to recover from […]
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
[…]The post Ballad Of A Sad Trumpet appeared first on Colombo Telegraph.
- Brahmins Demand A Debate On Debt (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.The post ‘We’ll end up like Sri Lanka’: Pakistan stares at economic collapse as IMF visits appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka needs laser-like focus on IMF programme implementation: Dr. Indrajit Coomaraswamy (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
[…]The post Celebrating Independence Or Inaugurating Dependence? appeared first on Colombo Telegraph.
- Warning Signal To RW’s Transformation Agenda (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- Economy, 13th Amendment & System Change (Category: Breaking News)
[…]The post Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? appeared first on Colombo Telegraph.
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Where Are We Heading In 2023? (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
- Oman-Sri Lanka Relations As Seen By Diplomat O.L. Ameer Ajwad (Category: Breaking News)
- Iran, Sri Lanka stress enhancing banking, trade ties (Category: Breaking News)
[…]The post If No Elections, There Can Be A Democratic Uprising! appeared first on Colombo Telegraph.
- President Should Be Responsible! (Category: Breaking News)
- Challenges In The Forthcoming Presidential Elections (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
[…]The post A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt appeared first on Colombo Telegraph.
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
[…]The post 182 Experts Call For Debt Cancellation But Private Investors Play Hardball appeared first on Colombo Telegraph.
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
The Government is to announce a new reformist program for the next 25 years, during the 75th National Independence Day on 4th February. During this celebrations to be held under the theme “Namo Namo Matha – A Step towards a Century”, the Government will announce its new reformist course for the next 25 years for […]
- Sri Lanka President gives instruction to celebrate 75th Independence day with pride, at minimal ... (Category: Breaking News)
- Pakistan and Sri Lanka discuss Buddhist ties (Category: Breaking News)
- Massive development project begin in Sri Lanka's Eastern Province (Category: Breaking News)
- Nepal’s FM to attend Sri Lanka’s Independence Day celebrations (Category: Breaking News)
[…]The post Sirimavo B’s Statesmanship Through Eric J. De Silva’s Eyes appeared first on Colombo Telegraph.
- Stories & True Buddha Dhamma: What Do Scholars Advise? (Category: Breaking News)
- Story Of A Social Outcast: Is Salvation Only Through Education? (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Bastiat Reborn In Sri Lanka: Will His Philosophy Be Accepted By Sri Lankans? (Category: Breaking News)
[…]The post Economics Of Poverty & Poverty Of Politics appeared first on Colombo Telegraph.
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca The terrorism of the LTTE ended in May 2009, and most Sri Lankans looked forward to a dawn of peace, reconciliation and progress. Even Poongkothai Chandrahasan, the granddaughter of SJV Chelvanayagam could state that ‘what touched me the most that day was that these were poor people with no agenda ~ wearing their feelings on […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- CMLS calls for talks with trade unions (Category: Breaking News)
- AKD urges northerners to help relegate political dregs into dustbin of history (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
Having lost out to China considerably in its efforts to expand its influence in the global South and the ASEAN region, the West is giving every indication of making-up for lost time. While the US is in a stepped-up drive to cultivate the African continent, the EU is intensifying efforts to strengthen its economic ties […]
- EU pledges $10bn investment in Southeast Asia during ASEAN summit (Category: Breaking News)
- Troubled EU eyes ASEAN boost (Category: Business)
- Sri Lanka to bag yet another ASEAN MoU (Category: Business)
- Japan, wary of China, boosts ties with ASEAN (Category: Business)
Institutions remain the most important factor for strengthening productivity and the investment climate in a country. Good governance, rule of law, and socio-political stability are crucial determinants of long-run economic growth. As famously described by Douglas North, “Institutions are the rules of the game in a society; more formally, they are the humanly devised constraints […]
- More and better jobs: Policy prescription for South Asia (Category: Business)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- President at Nikkei Forum: Asia needs a single voice at 2023 UN Climate Change Conference (Category: Breaking News)
- International financial institutions and development in Asia (Category: Business)
[…]The post The Retold South Korea Success Story: How Should Sri Lanka Emulate It? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- A Child’s Guide To Prema-Chandra Athukorala Chinthana On Import Substitution (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
BY DR. Asoka Bandarage On September 1, 2022, debt-trapped Sri Lanka reached a preliminary agreement with the International Monetary Fund (IMF) for a 48-month Extended Fund Facility of $2.9 billion, which hardly covers the country’s outstanding debt, nor its immediate survival needs. Nevertheless, IMF structural adjustment requires the country to meet its familiar debt restructuring […]
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- Surpassing neoliberal fictions towards mission-oriented state (Category: Breaking News)
- Godahewa sounds alarm over attempts to privatise profitable Insurance Corporation (Category: Breaking News)
- Govt to conclude most SOE sales by August; Srilankan by Sept (Category: Breaking News)
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