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Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn.
China has written off an unspecified amount of Zimbabwe s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap.
The Election Commission (EC) has decided it has no legal mandate to resolve the internal crisis of the Sri Lanka Freedom Party. The Commission members met on Thursday (18) to decide on the claims and counter-claims made by the two factions of the SLFP about the recent appointments made by a section of the party’s […]
- Election body says it cannot intervene to resolve SLFP s infighting (Category: Breaking News)
- Battle for SLFP leadership gets down and dirty (Category: Breaking News)
- Plan to entangle Maithri in a corruption case (Category: Breaking News)
- Complaint filed with Bribery Commission against Maithripala Sirisena (Category: Breaking News)
Uncovering the truth behind the Easter Sunday attacks hinged on a change in the political system, Fr. Cyril Gamini Fernando, the spokesperson of the Archdiocese of Colombo, said following his visit to the CID on Friday (19) morning. Fr. Fernando was summoned to the CID to provide his account regarding the Easter Sunday attacks. He […]
- FR petitions filed by LTTE members rejected (Category: Breaking News)
- CID commences recording statements over attack on protesters (Category: Breaking News)
- Was Sarath Fonseka Involved in Murder of Lasantha Wickrematunge? (Category: Breaking News)
- Shani Abeysekera gives evidence at PCoI on Easter attacks via Skype (Category: Breaking News)
President Ranil Wickremesinghe on Thursday (18) told youth political activists, affiliated to his party in Nuwara Eliya, that he was willing to convert the historical post office at Nuwara Eliya into a tourist hotel if that is what the people desire. The meeting took place at the President’s House in Nuwara Eliya. “We would like […]
- Trade unions, religious leaders request to preserve N Eliya Post Office building (Category: Breaking News)
- Old post office in Sri Lanka hill country to become a tourist hotel (Category: Breaking News)
- Postal services to be declared as essential service (Category: Breaking News)
- Nuwara Eliya post office to be turned into partial bungalow (Category: Breaking News)
A court in the Maldives has overturned the conviction of former President Abdulla Yameen and cancelled his 11-year prison sentence. The High Court said on Thursday that his 2022 trial had been unfair and ordered a new trial. “The lower court ruling was not fair,” Judge Hassan Shafeeu said while reading out a lengthy decision […]
- Maldives former president Yameen gets 11-year jail term (Category: Breaking News)
- Tassie Children's Court trial (Category: Australia, Tasmania )
- Lane case now rests with jurors (Category: AU, New South Wales)
- Maldives former president Yameen gets 11-year jail term (Category: Breaking News)
Terrorism is frequently depicted as a calculated and extreme manifestation of violence driven by perceptions of injustice. However, the aftermath of terrorist incidents is often discussed without delving into the psychological and social factors that underpin such acts The onset of the Soviet-Afghan war in 1979 created an environment conducive to terrorism in the region. […]
- Pakistan’s false, misleading narrative on Kashmir dispute exacerbates tensions with India (Category: Breaking News)
- Priyantha Kumara a life lost in vain at the hands of Pakistani religious fanatics (Category: Breaking News)
- Pakistani President says Sri Lanka’s methodologies of defeating terrorism important to his country (Category: Breaking News)
- Understanding Pakistan’s Struggle with Terrorism (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe expressed his firm conviction in his ability to shape Sri Lanka into the country that the nation’s youth envision.The post President says he will build a Sri Lanka that the youth aspire to appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- President joins Sinhala and Tamil New Year celebrations in Nuwara Eliya (Category: Breaking News)
- President attends Sinhala and Tamil New Year festivities in Nuwara Eliya (Category: Breaking News)
- President Participates in Sinhala and Tamil New Year Festivities Organized by the Nuwara Eliya M... (Category: Breaking News)
- Prez offers to convert N’Eliya Post Office into a hotel (Category: Breaking News)
Friday 19th April, 2024 One wonders whether the Parliament of Sri Lanka, which is full of self-righteous members who moralise to the point of queasiness, has taken upon itself the task of serving as a moral compass of sorts for the nation. Its sessions are characterised by endless tub-thumping. During the past several weeks, Parliament […]
- Duty-free permits for lawmakers and House officials: Govt. sidesteps several RTI queries (Category: Breaking News)
- Some MPs get impatient with delay in issuing their duty-free vehicle permits (Category: Breaking News)
- Duty-free vehicle permits for MPs (Category: Breaking News)
- Police disperse protest against issuance of duty-free vehicle permits for MPs (Category: Breaking News)
So, the Sinhala and Tamil New Year came and went. Cassandra has used a Sri Lankan colloquial manner of pronouncing that an anticipated event was marked and ended. The high temperatures however prevail, though mercifully tempered by afternoon showers. Everyone except drug dealers and politicians were struggling against strangulating pecuniary difficulties, but of course last […]
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent with the parameters of the IMF-supported program and official creditors’ Comparability of Treatme...
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
Addressing a gathering of young Members of Parliament and emerging political figures from the Nuwara Eliya district at the Nuwara Eliya Presidential Palace on Thursday (18), President Ranil Wickremesinghe reiterated his commitment to fostering the region’s development into a premier tourist destination. Despite criticisms levelled against the government’s initiatives for Nuwara Eliya’s advancement...
- Estate fraternity should pursue education for a brighter future - President in Nuwara Eliya (Category: Breaking News)
- Unregistered Tamils evicted from the Nuwara Eliya area (Category: Breaking News)
- President reveals plans to develop Sri Lanka's tea capital Nuwara Eliya (Category: Breaking News)
- Sri Lanka President celebrates Deepawali with children of plantations (Category: Breaking News)
[…]The post Dr A .T. Ariyaratne Has Passed: My Memories Of Him To The Mid-1990s appeared first on Colombo Telegraph.
- War, Peace & Lies (Category: Breaking News)
- Dr. A.T. Ariyaratne passes away (Category: Breaking News)
- ආචාර්ය ඒ ටී ආරියරත්න අභාවප්රාප්ත වෙයි: 1990 දශකයේ මැද දක්වා ඔහු ගැන මා සතු මතක සටහන් (Category: Breaking News)
- A Tribute To Mrs Sriya Malathi Gunasekera, Wife Of Late Comrade Prins Gunasekera (Category: Breaking News)
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF ready to support Sri Lanka s discussions with bondholders (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- Sri Lanka hoping to continue talks with bondholders after consulting IMF (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The National People’s Power (NPP) has stated that if it comes into power, it will set up a special judicial commission to further investigate the Easter Sunday attacks based on findings from previous inquiries.The post NPP promises justice for Easter Attack victims with special Judicial Commission appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- NPP gives Cardinal written assurance over Easter attacks (Category: Breaking News)
- NPP presents 7-point pledge on Easter Sunday Attack to Cardinal Ranjith (Category: Breaking News)
- Three Years Since Easter Bombings, Yet No Justice In Sight! (Category: Breaking News)
- Low compensation paid for Easter attack victims? (Category: Breaking News)
The world’s bewilderment over escalating tensions in the Middle East was further aggravated when Iran unleashed an astonishing number of drones and missiles into Israeli territory over the last weekend. The retaliation by Iran has taken the international community by storm but where does the world go from here in terms of conflict resolution and […]
- Spectre of regional war looms (Category: Breaking News)
- Mid-East tensions on the rise as global paralysis seemingly intensifies (Category: Breaking News)
- The political Right as an obstacle to reconciliation (Category: Breaking News)
- Palestinians Are Going To Be The Eventual Victims In The Middle East (Category: Breaking News)
Lightning and heavy rains have killed hundreds of people across Pakistan and Afghanistan. At least 50 people have died in Pakistan in storms that have been lashing the country, officials said on Tuesday, as they urged emergency services to remain on high alert. Authorities in Afghanistan also reported a death toll of 50 the same […]
- At least 33 killed in Afghanistan as heavy rains set off flash floods (Category: Breaking News)
- Death toll in southern China highway collapse rises to 36 (Category: Breaking News)
- Canada rocked by mass killing of Sri Lankan family (Category: Breaking News)
- World welcomes the New Year with fireworks and prayers (Category: Breaking News)
Reuters reports that Sri Lanka intends to engage with the International Monetary Fund (IMF) to determine if its recent debt restructuring proposals align with the terms of its financial aid program, according to a statement from the finance ministry on Wednesday.The post Sri Lanka consults IMF after rejecting debt restructure proposal appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- Sagala meets with IMF representatives to discuss prior actions and debt restructuring (Category: Breaking News)
- India commits to help Sri Lanka on debt in prospective IMF program (Category: Breaking News)
[…]The post Waging Peace! appeared first on Colombo Telegraph.
- The National People’s Power (NPP) (Category: Breaking News)
- A Question To The NPP Lawyers (Category: Breaking News)
- Oh! Gaza, Oh! Palestine (Category: Breaking News)
- When I Become The President (Category: Breaking News)
The Asian Development Bank (ADB) has highlighted the critical role of addressing gender inequality in achieving Sri Lanka's ambitious growth targets.The post ADB urges Sri Lanka to address gender inequality to boost economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB forecasts 8% GDP growth (Category: Breaking News)
- ADB provides Sri Lanka access to concessional financing (Category: Breaking News)
As Beijing increases its repression of ethnic minorities in China to establish Han domination, the Chinese Communist Party is also devising numerous ways to ensure that the overseas media cannot expose this ongoing violation of human rights behind the bamboo curtain. The Chinese media is highly censored. To project the false image of China as […]
- Tibet’s resistance to decades of colonial suppression of China (Category: Breaking News)
- UN rights chief’s first visit to China seems to be ‘wasted historic opportunity’ (Category: Breaking News)
- Xi builds campaign to change West-led world order (Category: Breaking News)
- ‘One China’ principle and ‘One Country, Two Systems’ policy are ironical (Category: Breaking News)
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- Navigating India’s Future: A Deep Dive into Modi’s Governance (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- Modi, combining India’s foreign policy with domestic interest (Category: Breaking News)
By Shamindra Ferdinando National Freedom Front (NFF) MP Gamini Waleboda yesterday (16) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should re-examine its stand on the Committee on Public Enterprises (COPE) without delay or face the consequences. Ratnapura District MP Waleboda, who contested the last parliamentary election on the SLPP ticket, alleged that the […]
- Resignation contagion (Category: Breaking News)
- DEW disappointed over disruption of COPE; AG acting in terms of Standing Orders (Category: Breaking News)
- SJB boycotts COPE (Category: Breaking News)
- Ex-COPE chief denies he was behind prorogation of Parliament (Category: Breaking News)
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
Sri Lanka informed the G-24 Finance Ministers and Central Bank Governors that the country’s economy has now stabilised. State Minister of Finance Shehan Semasinghe told the delegates during the IMF/WB Spring meetings in Washington that the growth momentum in Sri Lanka has commenced. “Highlighted the deep and wide ranging economic reform programme adopted to address […]
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
- Weerasena Gamage takes oaths as an MP (Category: Breaking News)
- Indigo commences direct flights between Mumbai-Colombo (Category: Breaking News)
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
- Rahul Gandhi returns to India’s parliament as MP (Category: Breaking News)
- Key wins boost Indian PM Modi’s re-election bid (Category: Breaking News)
- Delhi’s chief minister arrested over corruption claims (Category: Breaking News)
- Rahul Gandhi sentenced to jail for Modi ‘thieves’ remark (Category: Breaking News)
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bill to trim president’s powers likely to become law within weeks (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
When women in Pakistan held protests on International Women’s Day on March 8 this year, they did not just seek basic rights but also demanded the elimination of bonded labour.[1] The practice of bonded labour is widespread in Pakistan and is causing huge injustice to poor, helpless people despite the legal protection against modern-day slavery. […]
- Jordan seeks FEB help to curb protest (Category: Breaking News)
- Dept. of Labour to provide solutions to complaints of labourers in the private sector (Category: Breaking News)
- Dept. of Labour to provide solutions to complaints of labourers in the private sector (Category: Breaking News)
- Dept. of Labour to provide solutions to complaints of labourers in the private sector (Category: Breaking News)
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
- Conundrum Of Elections & IMF Programme (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
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