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President Ranil Wickremesinghe has convened a pivotal meeting with leaders of recognized political parties to discuss the proposals put forth by the International Monetary Fund (IMF) and its high-level delegation.The post President calls Opposition Party Leaders for crucial meeting on IMF proposals
President Ranil Wickremesinghe has convened a meeting with leaders of accepted political parties to discuss the proposals put forth by the International Monetary Fund (IMF), with its high-level delegation, the President’s media unit said. Leader of the Opposition Sajith Premadasa, leader
President Ranil Wickremesinghe has convened a meeting where leaders of registered political parties could discuss the proposals put forth by the International Monetary Fund (IMF) with its high-level delegation, the President’s Media Division (PMD) announced on Friday (08). Leader
President Ranil Wickremesinghe has convened a pivotal meeting with leaders of accepted political parties to discuss the proposals put forth by the International Monetary Fund (IMF) with its high-level delegation. In a proactive move, Leader of the Opposition Sajith Premadasa, leader of the National
President Ranil Wickremesinghe has convened a pivotal meeting with leaders of accepted political parties to discuss the proposals put forth by the International Monetary Fund (IMF) with its high-level delegation.
President Ranil Wickremesinghe has convened a meeting on Monday (March 11) with the leaders of opposition parties in parliament and the visiting high-level delegation of the International Monetary Fund (IMF).
The Nelum Pokuna Theater in Colombo hosted the launching ceremony of the “Press Vs. Prez” book today (07), with President Ranil Wickremesinghe presiding over the event. Addressing the gathering President Ranil Wickremesinghe further commented: “It must be noted that this collection of cartoons is in line with a longstanding tradition. I recall visiting former President […]
The International Monetary Fund (IMF) s Senior Mission Chief for Sri Lanka Peter Breuer says the IMF program is showing signs of working and is translating into real outcomes thanks to the Sri Lankan authorities commitment to the program and its implementation.
The second review of the International Monetary Fund (IMF)-Supported Program for Sri Lanka began, Thursday. State Minister of Finance Shehan Semasinghe said that the IMF 2nd review commenced with an opening meeting with President Ranil Wickremesinghe. “This marks an important milestone
The International Monetary Fund (IMF) will start its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with a meeting with President Ranil Wickremesinghe.The post IMF begins second review of Sri Lanka’s bailout package today appeared first on ONLANKA
The International Monetary Fund (IMF) will commence its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with an opening meeting scheduled with President Ranil Wickremesinghe.
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Pakistan must navigate challenges in the finance sector by diversifying its economic alliances, reducing dependence on singular partners, and negotiating funding arrangements that align with its long-term developmental objectives. The road ahead demands astute diplomatic manoeuvring, a commitment to economic resilience, and a proactive approach to curb corruption and inefficiencies of the Pakistan...
ECONOMYNEXT –Sri Lanka is expecting to pass a “proceeds of crime” law by April 2024 in line with according to an action plan giving effect to recommendation in a corruption diagnostic report by the International Monetary Fund. The asset recovery law will be in line with a United Nations
The Finance Ministry on Thursday (Feb.29) unveiled the Government Action Plan, which was prepared based on the Governance Diagnostic Assessment (GDA) furnished by the International Monetary Fund (IMF).
[…]The post Prasanna Ranatunga’s Misguided Claims, The JVP & The Tragedy Of The Black July Riots, 1983 appeared first on Colombo Telegraph.
Religious minorities in Pakistan, including Christians, Hindus, and Shia Muslims, also encounter discrimination and persecution, notably through the country’s blasphemy laws. Advocacy organizations representing Christians and Hindus, as well as other minority groups, criticize the electoral system, asserting its undemocratic nature and its marginalization of religious minorities from mainstream po...
A team from the International Monetary Fund (IMF) is set to arrive in Sri Lanka for the second review of the Extended Fund Facility (EFF) program, which is scheduled to begin on March 07, 2024, according to State Minister of Finance Shehan Semasinghe.The post IMF Team to conduct second review
A team from the International Monetary Fund (IMF) is to arrive in Sri Lanka for the second review of the Extended Fund Facility (EFF) programme which is to begin on 07 March, according to State Minister of Finance Shehan Semasinghe.
International Monetary Fund chief Kristalina Georgieva on Tuesday said she wants to shine a spotlight on the timelines and predictability of debt restructuring processes at the next meeting of the Global Sovereign Debt Roundtable in April.
[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.
ECONOMYNEXT –The Asian Development Bank (ADB) expects Sri Lanka not to reverse its International Monetary Fund-led policy reforms despite elections soon, the ADB Country Director for Sri Lanka Takafumi Kadono said. The island nation has witnessed repeated reversals of policy reforms in the past due
Leader of the United Republic Front Member of Parliament Patali Champika Ranawaka, presented the proposal titled “A United Step for the Country” to President Ranil Wickremesinghe , at ‘Srikota’, the United National Party headquarters in Colombo this morning (24). Speaking at the event President Ranil Wickremesinghe, highlighted the government’s concerted efforts over the past two […]
Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government
Sri Lanka said on Wednesday it had exported tea worth US$20 million to Iran to partially repay its US$251 million oil debts, with Colombo saying Tehran’s visiting foreign minister had expressed “satisfaction” at the deal.The post Sri Lanka settles US$ 20 million Iranian oil debt with tea appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka sent a new restructuring proposal to dollar bondholders through its adviser Lazard as the South Asian nation seeks to complete overhauling its defaulted debt, according to people familiar with the matter. A counter proposal to a bondholder group’s offer in October for a 20% haircut and the issuance of macro-linked bonds was conveyed […]
by Shantha Jayarathne, PhD In recent discussions, concerns have emerged about the National People’s Power (NPP) in Sri Lanka, with some fearing a return to outdated communist traditions if the party ascends to power. These apprehensions, often fueled by political agendas, particularly target those with limited political literacy. This article aims to dispel these misconceptions […]
… draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing […]
The Sri Lankan Government is confident of completing the entire debt restructuring process by June this year. State Minister of Finance Ranjith Siyambalapitiya said that bilateral debt is expected to be restructured by March. He also said that discussions are ongoing with private creditors and their debt is likely to be restructured by April. The […]