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The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million). This brings the total IMF financial support disbursed so far to SDR 762 million (about US$1 billion). The Executive Board also concluded the […]
Ambassador comments on 2024 prez poll Russian Ambassador Levan Dzhagaryan said that regardless of the outcome of the presidential election later this year in Sri Lanka, the Russian Federation expected the new government to continue with what he called independent neutral foreign policy and preserve the continuity in friendly relations with Russia. Declaring that Russia […]
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, with Sri Lanka allowing the authorities to draw about US$336 million. This brings the total IMF financial support disbursed so far to SDR 762 million (about US$1 billion). The Executive Board also concluded the […]
[…]The post Uncertainty About Elections Can Cause Instability appeared first on Colombo Telegraph.
[…]The post Modi 3.0 In India: What Next For Sri Lanka? appeared first on Colombo Telegraph.
[…]The post Should The Economic Transformation Bill Proceed? appeared first on Colombo Telegraph.
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
[…]The post Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Failure? appeared first on Colombo Telegraph.
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 […]
[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
[…]The post Ranil Wickremesinghe’s Promises: The Parrot That Waited In Vain For The Fruit To Ripen appeared first on Colombo Telegraph.
[…]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 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 […]
to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
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.
[…]The post President’s Commitment To Economic Reform Is Model For Reconciliation appeared first on Colombo Telegraph.
[…]The post Debate Or No Debate, Addressing Critical Issues Is Important For Voters appeared first on Colombo Telegraph.
[…]The post Corruption In Sri Lanka: The Root Of Modern Social Instability appeared first on Colombo Telegraph.
Singapore's long-serving Prime Minister Lee Hsien Loong is stepping down, marking the end of a political era for the island nation.The post End of Lee era for Singapore as Prime Minister steps down appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
PickMe has crossed digital borders and will take the ride hailing market by storm with the launch of their latest technology partnership, JumJum (Let’s Go) in Nepal, a country where 78% of 3.22 million vehicles registered are motorcycles. Named as the Motorcycle city, Kathmandu Valley claims to have over a million motorcycles on their busy […]
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[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
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
[…]The post Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? appeared first on Colombo Telegraph.
[…]The post Modi’s Wolf Worrier Diplomacy Opens A Window For China In South Asia appeared first on Colombo Telegraph.
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
President Ranil Wickremesinghe told Parliament yesterday, making a statement, that he had assumed leadership of the country without any conditions, despite being a sole Member of Parliament from his party. The President said he expected to conclude all negotiations with external creditors by the middle of this year, and that the ultimate goal of debt restructuring […]
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.