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President Ranil Wickremesinghe addressed the UN General Assembly in New York on Thursday (21)  on the theme “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges. He mentioned how Sri Lanka faced significant social, economic and political challenges in the past year, including threats to democratic traditions but has managed to […]

Abolition of time-tested Exchange Control Act Only 18 opposed it and 113 skipped vote By Shamindra Ferdinando Amidst allegations that the abolition of the time-tested Exchange Control Act of 1953 contributed to the country’s bankruptcy and foreign exchange crisis, The Island, in terms

[…]The post SL Debt Justice Collective Writes Open Letter To IMF On DDO  appeared first on Colombo Telegraph.

Addressing the High-level Dialogue on Financing for Development,  President Ranil Wickremesinghe emphasized the critical issues facing middle-income countries in times of financial distress. He drew attention to the challenges these countries face due to the lack of a common framework and procedures and stressed the need for a comprehensive plan to address the financial difficulties […]

President Ranil Wickremesinghe, speaking at the Climate Ambition Summit on the sidelines of the UN General Assembly on Wednesday (20), affirmed Sri Lanka’s commitment to the Secretary General’s accelerated climate agenda. He highlighted the importance of tangible climate actions and commended the delegates for their valuable suggestions. President Wickremesinghe drew attention to the significant e...

President Ranil Wickremesinghe met USAID Administrator, Samantha Power, on the sidelines of the UNGA, in New York, on Tuesday (19). During the discussions the President expressed his appreciation for the support extended by USAID to Sri Lanka during the financial crisis. The President

The Committee on Public Enterprises (COPE), on Tuesday (19), instructed the Sri Lanka Tea Board to submit a report within three months detailing the outcomes of all the money they spend on promoting tea. Chairman of COPE, Prof. Ranjith Bandara made this directive when it was revealed that the Tea Board had spent about Rs […]

Addressing the SDG Summit 2023, President Ranil Wickremesinghe delivered a stark assessment of the global progress towards achieving the Sustainable Development Goals. He emphasized that the current state of SDG advancement globally is unsatisfactory, with only 12% of the targets on track while no progress has been made in 30% of the other critical targets. […]

President Ranil Wickremesinghe met USAID Administrator, Samantha Power, on the side-lines of the UNGA in New York. During the discussions the President expressed his appreciation for the support extended by USAID to Sri Lanka during the financial crisis and presented a short briefing

Recognises Bank for highest number of transactions in country’s trade and supply chain finance domain between 1 July 2022 and 30 June 2023 The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions, in a significant reaffirmation of the […]

“Our focus is on achieving 70% renewable energy by 2023. This includes 25% from solar panels, 15% from wind power, and 10% from natural gas. However, transitioning the energy mix is a gradual process, requiring meticulous planning and execution. We aim to reach 60% renewable energy by 2026 and eliminate fossil fuel-based electricity generation by […]

by Jehan Perera The Channel 4 documentary that claims to give the story behind the Easter bombing has restarted the debate, within the country, about who was behind the foul deed, and why. The answer is not proving to be simple. It has become the subject of anger, threat and controversy. The identities of the […]

First Executive President JR Jayewardene’s grandson, Pradeep Jayewardene, who recently switched allegiance from SLFP to UNP, says that it is the duty of all to support President Ranil Wickremesinghe in his quest to steer the nation out of the prevailing crisis. “This is not the time to debate

Govt. urged to speak with one voice on C4 claims By Shamindra Ferdinando Rebel SLPP MP Prof. G. L. Peiris yesterday (18) asked President Ranil Wickremesinghe whether the latter intended to postpone the next presidential election indefinitely by claiming the government lacked sufficient funds for conducting elections. The former External Affairs Minister raised the issue […]