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[…]The post Prasanna Ranatunga’s Misguided Claims, The JVP & The Tragedy Of The Black July Riots, 1983 appeared first on Colombo Telegraph.
- July 1983 Pogrom: The Black Week That Devastatingly Impacted Sri Lanka Forever (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
- 40th Anniversary Of ‘Black July’ 1983 (Category: Breaking News)
- July 1983 Riot: A Spontaneous Racial Outburst Or Planned Pogrom Or Both? (Category: Breaking News)
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
- IMF second review of Sri Lanka s bailout package begins today (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- IMF team to visit Sri Lanka for second EFF review (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
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.
[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
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
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- ADB approves $350 mn for Sri Lanka Economic Stabilization Programme (Category: Breaking News)
- ‘Effective management of climate vulnerability jeopardized by political instability’ (Category: Breaking News)
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.
- Senior US official discusses Sri Lanka s IMF program in Colombo (Category: Breaking News)
- U.S. Deputy Secretary of State commends Sri Lanka’s economic efforts (Category: Breaking News)
- U.S. Deputy Secretary Verma commends Sri Lanka s economic recovery efforts (Category: Breaking News)
- U.S. Deputy Secretary of State calls on President Ranil (Category: Breaking News)
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 repays $20m Iranian oil debt with tea (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
- Sri Lanka partially repays Iranian oil debt with USD 20 million worth of tea (Category: Breaking News)
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 […]
- Criminal probe on GGG activists over money in bank accounts (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week (Category: Breaking News)
- Nine Iranians in Sri Lanka sentenced to death (Category: Breaking News)
- PM warns fuel situation to get worse over next few weeks (Category: Breaking News)
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 […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- AKD’s India visit: ‘JVP will not compromise Lanka’s security and economic interets’ (Category: Breaking News)
- Sajith defends progressive taxation, highlights inequality (Category: Breaking News)
- JVP has told India it won’t do anything to upset regional security and peace (Category: Breaking News)
… 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 […]
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- Gevindu presses PM over EPF matter, discrepancy in interest payments (Category: Breaking News)
- MPs call for abolition of collective agreement (Category: Breaking News)
- Central Bank salary controversy: MP finds fault with composition of Governing Board (Category: Breaking News)
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 […]
- Ban on passengers wearing gold jewellery over 22 carats (Category: Breaking News)
- Ranjith Siyambalapitiya elected Deputy Speaker after secret vote (Category: Breaking News)
- China asked to share copies of letter on Sri Lanka debt restructuring (Category: Breaking News)
- Paris Club provides financing assurances to IMF on Sri Lanka (Category: Breaking News)
Sri Lankan Foreign Secretary Aruni Wijewardane and U.S. Under Secretary for Public Diplomacy and Public Affairs Elizabeth Allen held a discussion at the Ministry of Foreign Affairs on February 17, 2024.The post Sri Lanka’s Foreign Secretary holds talks on bilateral relations with U.S. Under Secretary appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- US Under Secretary discusses strengthening people-to-people ties, Diaspora outreach (Category: Breaking News)
- US assures support to implement anti-corruption legislation and macro-economic reforms (Category: Breaking News)
- Indian Foreign Secretary Vinay Kwatra calls on Foreign Secretary Aruni Wijewardane (Category: Breaking News)
- Sri Lanka identifies 2023 as year of reconciliation, recovery - Foreign Secretary (Category: Breaking News)
Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s official reserve assets up by 9.6% in April 2024 (Category: Breaking News)
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
Former Pakistani prime ministers and bitter rivals Nawaz Sharif and Imran Khan on Friday both declared victory in elections marred by delayed results and militant attacks, throwing the country into further political turmoil.The post Pakistan elections: Imran Khan, Nawaz Sharif both claim wins appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Shehbaz Sharif elected Pakistan PM for second term after controversial vote (Category: Breaking News)
- Pakistan election: PTI joins religious parties, PPP backs rival PMLN (Category: Breaking News)
- Imran Khan sentenced to 10 years in jail for leaking state secrets (Category: Breaking News)
- Military intervention in Pakistan disrupts democracy, rule of law (Category: Breaking News)
President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- President ready to exempt school supplies, health equipment, medicine, etc., from VAT (Category: Breaking News)
- Govt will increase benefits for people as revenue buffers strengthen, says President (Category: Breaking News)
Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka set to begin talks to restructure debt of $30 Billion (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports (Category: Breaking News)
- Sri Lanka announces $10 billion local bond swap deal ahead of IMF visit (Category: Breaking News)
- Sri Lanka looks at debt relief through nature conservation – report (Category: Breaking News)
From Pakistan to India, activists warn of tendency to throttle the net as elections near MADURAI, India — New legislation to regulate online content in Sri Lanka has renewed concern over freedom of expression ahead of expected elections. It also highlights a growing habit of restricting the internet across South Asia, from India to Pakistan. […]
- Sri Lanka’s proposed Internet Law threatens upcoming elections: HRW (Category: Breaking News)
- Attorney General under fire for failure to study Online Safety Bill properly (Category: Breaking News)
- Asia Internet Coalition calls for overhaul of the Draft Online Safety Bill (Category: Breaking News)
- Malwatte prelate welcomes Online Bill to check abuses by social media (Category: Breaking News)
[…]The post Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS (Category: Breaking News)
[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence 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)
- System Change Happening In Wrong Direction (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
EXCLUSIVE Threaten to push IMF to block next tranche Litigation by bond holders not ruled out Govt. assures will expedite communications Sri Lanka keen on win-win solution By Easwaran Rutnam Private creditors have threatened to do all it can to persuade the International Monetary Fund (IMF
- IMF Executive Board to decide on Sri Lanka’s EFF on March 20 (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
- IMF waiting for Sri Lanka to do the needful (Category: Breaking News)
- IMF wants Sri Lanka to reach deal with creditors (Category: Breaking News)
Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- IMF team gives prognosis for Lanka at conclusion of nearly two-week visit (Category: Breaking News)
- Govt. retains two foreign firms to restructure ISBs (Category: Breaking News)
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