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[…]The post Uncertainty About Elections Can Cause Instability appeared first on Colombo Telegraph.
- System Change Happening In Wrong Direction (Category: Breaking News)
- IMF & LG Elections: Presidential Machinations & Opposition Myopia (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Supreme Court Shows Democratic Route To Government (Category: Breaking News)
[…]The post Modi 3.0 In India: What Next For Sri Lanka? appeared first on Colombo Telegraph.
- Target 2048: It Is Democracy & Not Authoritarianism That Will Do The Job (Category: Breaking News)
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
- Global Technological Developments & How Sri Lanka Should Reframe Its Growth Strategies (Category: Breaking News)
[…]The post Should The Economic Transformation Bill Proceed? appeared first on Colombo Telegraph.
- Should The Economic Transformation Bill Proceed? – Part II (Category: Breaking News)
- Fly Highdream Big (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
[…]The post Ministry Of Finance, Economic Stabilization & National Policies appeared first on Colombo Telegraph.
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- CB To Launch A Diagnostic Audit Of Sri Lankan Banks; “Physician, Heal Thyself”! (Category: Breaking News)
- Skeletons In The Cupboard (Category: Breaking News)
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- NPP & Its Critics (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka consumer inflation dips to 49.2% year-on-year in March (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- The Buddha’s Idea Of Critical Thinking (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe stated that he expects to increase the growth rate of Sri Lanka’s economy to up to 3% by the year 2025 and mentioned that steps would be taken to increase the salaries of government employees.The post Sri Lanka Nursing University inaugurated appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Growth rate of Sri Lanka’s economy will be increased up to 3% by 2025 – President (Category: Breaking News)
- President proposes establishing Int l University on Climate Change in Sri Lanka (Category: Breaking News)
- Sri Lanka Government focuses on promoting ‘Health Tourism’ (Category: Breaking News)
- President seeks ADB support to set up International University on Climate Change in Sri Lanka (Category: Breaking News)
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- President outlines his track record since assuming office in 2022 (Category: Breaking News)
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022
- Samitha Dulan breaks world record in Men’s F-44 javelin throw (Category: Breaking News)
- China to help conclude debt restructuring process in Sri Lanka (Category: Breaking News)
- US and Sri Lanka’s Election Commission discuss importance of free and fair polls (Category: Breaking News)
- Fourteen Sri Lankan fishermen arrested by Indian Navy (Category: Breaking News)
[…]The post Valuing Japan’s Moral Ethos & Economic Assistance appeared first on Colombo Telegraph.
- The return of Japan is a victory (Category: Breaking News)
- Getting Nearer To Solution As Options Narrow (Category: Breaking News)
- War Of Attrition Will Ruin Both The Government & Country (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
by Jehan Perera The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused […]
- SL rejects UNHRC resolution (Category: Breaking News)
- Prez insists on IMF approved new tax regime, warns of dire consequences unless fully implemented (Category: Breaking News)
- Japan seeks to organize SL creditors’ conference: Will China attend? (Category: Breaking News)
- As UN General Assembly Convenes, Leading Senators Unveil Resolution Urging International Coopera... (Category: Breaking News)
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
- IMF Must Become More Than Just A Debt Collector For Private Creditors (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- A survival strategy amidst geopolitical rivalry (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF confident Sri Lanka can be put on the path to prosperity (Category: Breaking News)
- Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
- Total foreign loans rise to $2.8bn in July (Category: Breaking News)
- China furious with Pakistan over delayed implementation of CPEC projects (Category: Breaking News)
- Former Pak Finance Minister Miftah Ismail says things to ‘remain tight for a while’ on economic ... (Category: Breaking News)
- Why is Pakistan a misfit for BRICS? (Category: Breaking News)
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
- World Bank commends Sri Lanka s progress on fiscal, financial and economic governance reforms (Category: Breaking News)
- President reveals govt s action plan for socio-economic reforms and accelerated development (Category: Breaking News)
- Govt ready to make ongoing economic reforms a law  State Minister tells IMF (Category: Breaking News)
- Sri Lanka needs strong new economic system, not reforms - President (Category: Breaking News)
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
Efforts to attract international players to invest in Sri Lanka’s Oil and Gas exploration in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. A statement noted that Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square […]
- Sri Lankan Oil and Gas exploration grinds to a standstill amid protracted legal battle (Category: Breaking News)
- SL to offer tenders for oil exploration in 5 blocks: Premajayantha (Category: Breaking News)
- Sri Lanka to auction more oil blocks in Mannar Basin (Category: Breaking News)
- All eyes on Cairn's next gas well, Sri Lanka says (Category: Breaking News)
Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation of two blocks adding to over 5,000 square kilometers with potential oil and gas resources in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. According to the latest developments in the CA (Writ) Application […]
- Tenders for Oil Exploration (Category: Breaking News)
- SL to offer tenders for oil exploration in 5 blocks: Premajayantha (Category: Breaking News)
- Mannar basin now on major oil radar (Category: Breaking News)
- Legal battle brings Sri Lankan oil and gas exploration to standstill (Category: Breaking News)
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Western Discontents, Modi’s New India, And Sri Lankan Anniversaries (Category: Breaking News)
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific
- High Tech Private Buses (Category: Breaking News)
- No private buses on April 13 (Category: Breaking News)
- Private tanker owners withdraw from fuel transport services (Category: Breaking News)
- Sri Lanka to open ground handling, catering, jet fuel supply at airports to private sector (Category: Breaking News)
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)
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)
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)
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