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[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Axacerbation? – Part II appeared first on Colombo Telegraph.
[…]The post Eternal Impunity For Academic Fraud In Sri Lanka appeared first on Colombo Telegraph.
Despite heavy taxes and increased tax collection, the government budget deficit for the period end May 2023 has increased to Rs. 1,015 billion which is 59% increase against 2022 end May figures. (See table) Another negative feature is that due to heavy taxes and very high bank interest rates, the economy has not grown and […]
[…]The post Target 2048 – Private Sector Should Not Just Sit Aloof appeared first on Colombo Telegraph.
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
Renowned astrophysicist and accomplished academic leader joins JHU from Cornell, where he has served as dean of the College of Arts and Sciences since 2018Ray Jayawardhana, an accomplished academic leader, renowned and widely published scientist, and award-winning author who presently serves as dean of Cornell University’s College of Arts and Sciences, has been selected as […]
ECONOMYNEXT –Australian firms are interested in investing in Sri Lanka, particularly in resource sector, but a more conducive investment environment is needed, High Commissioner Paul Stevens said. Sri Lanka is looking to foreign direct investment as a factor in taking the country out of an economic crises triggered by excessive deployment of ‘macro-economic policy’ involving […]
French President Emmanuel Macron made a historic visit to Sri Lanka on Friday (July 28), following his trip to the South Pacific Region.The post French President Emmanuel Macron pledges strong support for debt restructuring in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
France has pledged its assistance in Sri Lanka’s debt restructuring process, the President’s Media Division (PMD) said. French President Emmanuel Macron made a historic visit to Sri Lanka yesterday (28), following his trip to the South Pacific Region. This visit marked the first time a French President had visited the country. During the visit, President […]
The Sanderatne family yesterday went public on the tragic and unfortunate death of young economist Amal Sanderatne following the conclusion of his last rites.The post Sanderatne family speaks out on Amal Sanderatne’s demise appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]
[…]The post Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? appeared first on Colombo Telegraph.
The United Nations Secretary-General Antonio Guterres has appointed Marc-André Franche of Canada as the United Nations Resident Coordinator in Sri Lanka, with the host Government’s approval. He took up his post on 8 July. Franche has served the United Nations for over 24 years. Prior to his appointment as the UN Resident Coordinator in Sri […]
The United Nations Secretary-General Antonio Guterres has appointed Mr. Marc-André Franche of Canada as the United Nations Resident Coordinator in Sri Lanka, with the approval of the island nation’s government.The post Marc-André Franche appointed as New UN Resident Coordinator for Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Prof. O. A Ileperuma President Ranil Wickremesinghe has recently stressed the importance of reforms to our ailing education system. In particular, he has mentioned the need to produce younger graduates. He also wanted to do away with the GCE (O/L) and the Grade Five Scholarship examinations. However, there are simple and practical approaches one […]
Sri Lanka has dropped 18 places to be ranked 107th in the 2023 Global Peace Index (GPI) the world’s leading measure of global peacefulness which is produced by the Institute for Economics and Peace (IEP). Sri Lanka was ranked 90th in 2022. The report presents the most comprehensive data-driven
The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]
[…]The post DDR & The Moral-Cum-Political Question appeared first on Colombo Telegraph.
[…]The post On The Current Debate Among Left Intellectuals appeared first on Colombo Telegraph.
By DR. DAYAN JAYATILLEKA For a country with a deep crisis, galloping poverty and a very significant Left (JVP-NPP and FSP), there is a paradoxically thin contribution by the leftwing intelligentsia. This can be contrasted by a cursory glance at the volumes of back issues of the Lanka Guardian which would illustrate the far thicker […]
[…]The post RW’s Plea In Paris & Predicament At Home appeared first on Colombo Telegraph.
[…]The post Good Governance & Economic Development – Part II appeared first on Colombo Telegraph.
By Y P Prakash The growth of regional industries is crucial for India to realize its ambitions of becoming a global manufacturing hub, and India’s potential in this regard is undeniable. The International Monetary Fund predicts that India’s GDP will grow by 6.1% in 2023, surpassing China’s projected growth of 4.4%. Furthermore, India is expected […]
[…]The post Good Governance & Economic Development appeared first on Colombo Telegraph.
By Sathiya Moorthy In a tweet in mid-May, the US Ambassador to India, Eric Garcetti, tweeted on ‘strategic ties’ India and Sri Lanka as if one existed already. The tweet followed a meeting between Amb Garcetti and Milinda Moragoda, the Sri Lankan High Commissioner to India. “As strategic partners, the US, India, and Sri Lanka […]
By Rathindra Kuruwita The Sri Lankan government was not allocating funds to ensure the availability of essential public goods despite the gradual stabilisation of the economy, Prof. Priyanga Dunusinghe, of Department of Economics at the Colombo University said addressing the media. “
[…]The post Bastiat Reborn In Sri Lanka: Will His Philosophy Be Accepted By Sri Lankans? appeared first on Colombo Telegraph.
By Rose Kenny During his recent visit to Japan, President Ranil Wickremesinghe highlighted the country’s resolute tilt towards Asia, signalling a strategic shift in its foreign policy. Building on the government’s vision to elevate Asia as a global centre of economic integration, President Wickremesinghe’s address at the Nikkei Forum, Future of Asia, outlined his vision for the region. This inclin...
[…]The post Ranil’s Strategic Manoeuvres: But Global Capitalism Is At A Tipping Point appeared first on Colombo Telegraph.
Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.The post Sri Lanka’s Central Bank to hold rates as inflation stays high appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.