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The Central Bank of Sri Lanka (CBSL) has expressed confidence that the International Monetary Fund (IMF) will approve the release of the third tranche under the Extended Fund Facility (EFF) programme today (12).
[…]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 International Monetary Fund (IMF) says there is a strong expectation that Sri Lanka will soon reach agreements with external commercial creditors consistent with program parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front,” Julie Kozack, Director of the IMF Communications Department, said during a press briefing […...
- SL’s second review: IMF Executive Board to meet on 12 June (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Wrapping up Sri Lanka external debt deals critical, property tax needed: IMF (Category: Breaking News)
by K.Locana Gunaratna, PhD Following some independence from the Colonial British through the Donoughmore Constitution in 1931, our prime indigenous concerns focused on agriculture for domestic consumption and on the broad-basing of education. These particular achievements were due respectively to two farsighted Sri Lankan politicians: D.S.Senanayake and C.W.W. Kannangara. They were the first Sri L...
- Guideline for planning university addressing Climatic Issues (Category: Breaking News)
- Mahaweli – A spectacular achievement of JRJ regime piloted by Gamini D (Category: Breaking News)
- Mahaweli Project – North Central Province canal: A tunnel in the wilderness? (Category: Breaking News)
- Use existing resources for agri-food sector in Mahaweli areas (Category: Breaking News)
The International Monetary Fund (IMF) on Thursday (06) asserted that Sri Lanka could soon reach agreements with external commercial creditors consistent with programme parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front,” Julie Kozack, Director of the IMF Communications Department, told the media. On March 21st, the […...
- “Strong expectations” of SL soon striking deal with commercial creditors: IMF (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
The International Monetary Fund (IMF) says macroeconomic policy reforms are starting to bear fruit in Sri Lanka. Julie Kozack, Director of the IMF Communications Department said that commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth, while preserving stability of the financial system. “Program performance is strong with most qu...
- IMF says Sri Lanka yet to finalize deal with bondholders and creditors (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) believes Sri Lanka will soon finalize agreements with external commercial creditors that align with program goals.The post IMF expects Sri Lanka to finalize deals with creditors soon appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
[…]The post Can Sajith Foul Up Ranil’s Well-Laid Plans? appeared first on Colombo Telegraph.
- Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (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)
Poverty is one of the most pressing and pervasive issues facing the world today. It affects billions of people globally, diminishing their quality of life, limiting their opportunities, and perpetuating a cycle of deprivation that can span generations. Understanding poverty requires a multidimensional approach that goes beyond mere economic measures. It encompasses social, cultural, political, [...
- Pro-poor growth and Economic growth in Sri Lanka - A critical analysis (Category: Breaking News)
- The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises (Category: Breaking News)
- Springboarding From The Aragalaya To A New Nation We All Deserve (Category: Breaking News)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (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 Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Failure? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Modi 3.0 In India: What Next For Sri Lanka? (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
A seven-member delegation from Sri Lanka, focusing on public procurement, commenced a three-day experience-sharing visit to Bangladesh Public Procurement Authority (BPPA). The visit aims to understand the electronic Government Procurement (e-GP) system, introduced by BPPA. The delegation was welcomed today at BPPA by the Chief Executive Officer (CEO) of BPPA, Mohammed Shoheler Rahman Chowdhury. E....
- Australian GP hails more competitive season (Category: Business)
- Dialog roaming customers win F1 bonanza to watch British GP (Category: Business)
- Organisers predict Indian GP sellout (Category: Business)
- Chinese GP cancelled because of country’s ‘ongoing difficulties’ with Covid (Category: Breaking News)
In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Sri Lankan Department of Immigration and Emigration has reintroduced the “Investor Visa” program. This revamped initiative, aimed specifically at non-Sri Lankans interested in purchasing condominium units, is set to go live online on June 1st, 2024. The announcement followed a […]
- Russian Foreign Minister assures Sri Lankans will not be recruited for war (Category: Breaking News)
- Cabinet approves draft FTA between Sri Lanka and Thailand (Category: Breaking News)
- PM Hasina seeks Sri Lankan investment in Bangladesh tourism sector (Category: Breaking News)
- Sri Lanka raises deep concerns with Canada over statements on genocide (Category: Breaking News)
Group B preview: Australia and England will be favourites to progress out of Group B at the T20 World Cup, but Namibia, Oman and Scotland have shown previously they are more than capable of causing an upset or two. The two most recent champions along with three spirited associates make up Group B of the […]
- Do What You Like Vs Like What You (Have To) Do! (Category: Breaking News)
- World Cup head to head: India vs Australia (Category: Breaking News)
- USA vs Canada: oldest rivalry renewed at cricket’s biggest T20 World Cup (Category: Breaking News)
- India Vs England (Category: Breaking News)
Sri Lanka has again requested Canada not to repeat baseless allegations of genocide here. Foreign Secretary Aruni Wijewardane took up the issue when she met Canadian Deputy Minister for International Development Christopher MacLennan at the Ministry of Foreign Affairs on Wednesday (28) Recently, Foreign Ministry accused Canadian Prime Minister Justin Trudeau of repeatedly propagating lies […...
- Japanese FM Kamikawa due here (Category: Breaking News)
- Maldivian FM due here next week (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- Sabry hits out at Trudeau over India-Canada diplomatic row (Category: Breaking News)
During the “Advancing Energy Transition” round table discussion at the Hilton Colombo on Wednesday (29) morning, President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable energy and explore future trends in green hydrogen in Sri Lanka. The event, held in collaboration with the World Bank, the Ministry of Power and Energy, […]
- Cleaner Fuel (Category: Business)
- Portugal's green energy dilemma (Category: Technology)
- Can human power replace batteries? (Category: Technology)
- Former football coach Lou Holtz tests positive for COVID-19 (Category: USA, Mississippi)
Sri Lanka is studying South Australia’s energy transition policy, which looks at net-zero emissions by 2050. President Ranil Wickremesinghe said that Sri Lanka needs to decide if it requires energy transition legislation. “Some countries have energy transition legislation. We have also looked at that. We have looked at some areas such as South Australia. It […]
- Solutions sought to tackle marine litter near Sri Lanka (Category: Breaking News)
- Shaping Sri Lanka’s industrial recovery: Industry and government leaders convene (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- Hemas Consumer Brands Spearheads Environmental Stewardship Across the Island (Category: Breaking News)
[…]The post Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Waging Peace! (Category: Breaking News)
The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
The United National Party (UNP), led by President Ranil Wickremesinghe, has proposed a referendum to extend the terms of both the Sri Lankan President and Parliament by two years.The post UNP proposes referendum to Extend Presidential and Parliamentary terms by two years appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Referendum on prez poll not possible without 2/3 House majority (Category: Breaking News)
- SLPP shoots down proposal to postpone elections (Category: Breaking News)
- Democracy Is Founded On Elections: Lawyers Collective Condemns Range Bandara’s Statement (Category: Breaking News)
- Lawyers’ Collective condemns proposal for poll postponement (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) at 8.50 percent and the Standing Lending Facility Rate (SLFR) at 9.50 percent.The post Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Steady Hand (Category: Business)
- Unchanged (Category: Business)
- Monetary Policy (Category: Business)
- Policy Stance (Category: Business)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively.
The plantation industry raised its strongest possible objections to the Government’s ”arbitrary, reckless, unilateral decision” to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling opera...
- No final decision on Rs. 1700 daily wage (Category: Breaking News)
- Government considers taking back loss making plantation companies (Category: Breaking News)
- Minister Jeevan warns plantation companies (Category: Breaking News)
- Minimum daily wage for plantation workers increased to Rs. 1,700 (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)
A fake report about a new cyber heist in Bangladesh Bank (BB) has hit news headlines in some media outlets in Bangladesh and some foreign countries. News coverage about the latest false rumour on cyber heist blames officials of the central bank of Bangladesh and aims to malign the Bangladesh government. It may be recalled […]
- Colombo hosts inaugural SAARC ‘Public Debt Managers’ Forum 2012’ (Category: Business)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Sri Lanka’s Financial Intelligence Unit signs MOU with four other counterparts (Category: Breaking News)
- DEFAMATION BILL: Pakistani Government’s New Weapon To Silence Critics (Category: Breaking News)
The Sri Lankan Foreign Ministry, in a hard-hitting statement alleged yesterday that repeated statements by Canadian Prime Minister Justin Trudeau with regard to Sri Lanka are the outcome of electoral vote bank politics there, funded by a small number of Canadians of Sri Lankan origin with vested and personal interests. The Ministry alleged Premier Trudeau’s […]
- Contradictions by Canada on ‘genocide’ in Sri Lanka (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- Sri Lanka rejects Canadian Prime Minister’s genocide allegation (Category: Breaking News)
- Sabry hits out at Trudeau over India-Canada diplomatic row (Category: Breaking News)
By Sanath Nanayakkare The barriers to financial inclusion have been a longtime problem in Sri Lanka as financial literacy has thus far been the prerogative of only the nation’s affluent customers. However, eventually the Central Bank of Sri Lanka, 40 other national institutions, the public and private sector of the country along with the United […]
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
- Banking/Financial maestro no more (Category: Breaking News)
- FSP opposes move to make Central Bank of Sri Lanka independent of Parliament (Category: Breaking News)
- Commercial Bank joins Central Bank to promote financial literacy among SMEs (Category: Business)
The MCA “G” division 25 – Over League Tournament 2024, last of the main tournaments in the MCA 2024 season, sponsored by Stafford Motor Co. (Pvt.) Ltd for the 13th successive year, got underway on the 4th of May The MCA – Stafford Motor Company partnership is the 3rd longest running sponsorship with the highest […]
- Harsha: Contents of IMF agreement may turn out to be jackpot for some persons (Category: Breaking News)
- Global Cricket Club Junior Championship kicks off (Category: Breaking News)
- St. Anthony’s, Nalanda declared joint champions (Category: Breaking News)
- ICC makes changes to Playing Conditions (Category: Breaking News)
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