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by Eng Parakrama Jayasinghe parajayasinghe@gmail.com Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB). A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
[…]The post Isn’t It Time For Sri Lanka To Expel Israelis? appeared first on Colombo Telegraph.
[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.
IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported programme. Sri Lanka will have access to SDR 254 million (about 330 million U.S Dollars) in financing once the review is approved by the IMF Management and IMF Executive Board. Macroeconomic […]
Sri Lanka and the International Monetary Fund (IMF) have reached a staff-level agreement on economic policies to conclude the first review of US $ 3 billion, 48-month, Extended Fund Facility (EFF).The post Sri Lanka reaches IMF staff-level agreement on first review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The International Monetary Fund (IMF) and Sri Lanka have reached a crucial staff-level agreement which is now subject to the approval by IMF management and the IMF Executive Board. After constructive discussions with the authorities in Colombo and during the Annual Meetings in Marrakech, IMF Senior Mission Chief for Sri Lanka Peter Breuer and Deputy […]
Sri Lanka's president on Wednesday said debt relief for low-income countries should be part of the green transition and inaction on debt could pose an existential threat to China's Belt and Road Initiative.The post Sri Lanka president urges debt relief to help green transition appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Palestinians, The Terrorists & Israelis, The Victims appeared first on Colombo Telegraph.
An international consultant has been appointed to guide the restructuring process of SriLankan Airlines, Minister of Port, Shipping and Aviation Nimal Siripala de Silva said. The Minister said the consultant is expected to bring expertise and best practices to guide the restructuring efforts. Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 […]
[…]The post Misconceived Resilient Economy Needs Fixing By Restoring Broken Supply Chains appeared first on Colombo Telegraph.
President Ranil Wickremesinghe addressed the 5th Forum of Ministers & Environment Authorities of the Asia Pacific at the Shangri La Hotel in Colombo today (05), delivering a passionate speech that emphasized three crucial points: the urgency of the climate crisis, Sri Lanka’s ambitious climate plans and the dire state of global biodiversity. President Wickremesinghe opened […]
[…]The post Sri Lanka: IMF / World Bank – Systemic Reforms Needed appeared first on Colombo Telegraph.
President Ranil Wickremesinghe has said all media should engage in a discussion on whether to enter into international agreements or work within the country’s legal framework. He said so at the felicitation ceremony to honour one of the most distinguished figures in Sri Lankan journalism, Edmund Ranasinghe, the founding Editor of ‘Divaina’ newspaper and former […]
Crisis-hit Sri Lanka will focus on improving tax collection to reduce budget deficits as it streamlines the structure of the tax system, the treasury secretary said on Wednesday, with new legislation planned to improve public finances.The post Sri Lanka aims to streamline tax structure, boost collections appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Saman Indrajith Opposition and SJB leader Sajith Premadasa told Parliament yesterday that Sri Lanka had failed to secure the crucial second tranche of a $3 billion loan from the International Monetary Fund as the country was still being ruled by the same corrupt family regime, which had bankrupted the economy. Premadasa said that the […]
[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.
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