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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, 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 […]
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
- Sri Lanka to receive first tranche of IMF funds in two days (Category: Breaking News)
- IMF reaches crucial staff-level agreement with Sri Lanka following first review (Category: Breaking News)
[…]The post NPP: The Unrivalled Choice In Sri Lanka Politics appeared first on Colombo Telegraph.
- The NPP Factor: Rise Of Left-Wing Populism In Sri Lanka (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
- NPP & Its Critics (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
[…]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 Fear Of Tainted Politicians: To Hold Or Not To Hold Elections appeared first on Colombo Telegraph.
- Collusive Behavior Undermines Citizen Rights: Emerging Pseudo-Goebbels (Category: Breaking News)
- Attempt To Pull The Wool Over People’s Eyes: 21A To Bamboozle The Citizens (Category: Breaking News)
- Jeered & Sent Home: Ominous Sign Of An Impending Peril (Category: Breaking News)
- Corruption & Psychopathic Tendencies: Pet Dogs, Incompetency & Beds To The Foray (Category: Breaking News)
Monday 10th June, 2024 Presidential candidates of the SJB and the JVP-led NPP, Sajith Premadasa and Anura Kumara Dissanayake, respectively, have chosen to sprint even before the commencement of the next presidential race, which is a marathon, wherein one has to pace oneself skilfully to prevent fatigue and maintain momentum. The two sides have been […]
- SJB: JVP’s call for RW’s participation in proposed debate diversionary tactic (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- JVP renews its challenge for debate (Category: Breaking News)
- From Crisis Prime Minister To Put Down President (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? – Part II appeared first on Colombo Telegraph.
- Should The Economic Transformation Bill Proceed? (Category: Breaking News)
- President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry (Category: Breaking News)
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- Fly Highdream Big (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)
‘Far-reaching laws are being enacted without sufficient debate, consultations’ By Shamindra Ferdinando Two dissident SLPP MPs, Prof. G. L. Peiris and Gevindu Cumaratunga at separate media briefings on Monday (03) urged the SLPP parliamentary group not to throw its weight behind President Ranil Wickremesinghe efforts to enact laws inimical to the country in the run-up […]
- Prof. Peiris complains of continuing shenanigans by President in the run-up to presidential poll (Category: Breaking News)
- President’s agenda on track (Category: Breaking News)
- Opposition: Parliament prorogued to derail finance committee probes (Category: Breaking News)
- Prez draws fire over Archaeology Chief’s shock resignation (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)
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)
[…]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 Politics Of Paranoia appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
Group D preview: South Africa and Sri Lanka are the two highest ranked teams in the group, but there is not much between all five sides.Former ICC Men’s T20 World Cup champions Sri Lanka find themselves in Group D alongside South Africa, Bangladesh, Netherlands and Nepal for the upcoming tournament. This group promises thrilling matches […]
- Netherlands vs Nepal – the one match neither team can afford to lose (Category: Breaking News)
- Bangladesh vs India (Category: Sports)
- World Cup head to head: India vs Australia (Category: Breaking News)
- Bangladesh vs Pakistan (Category: Sports)
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 world economy had not recovered from the daunting impact of coronavirus, the geo-political headwinds such as Russia-Ukraine war impacted the recovery process in 2022 and before this war settled, Israel-Gaza conflict deepened the geo-politics and geo-political fragmentation. The geo-political
- Premier Kristina's all I and mighty (Category: AU, New South Wales)
- Lanka’s growth to contract by 7.6% in 2022 – ADB (Category: Breaking News)
- Be wary of geo politics - UNP (Category: Breaking News)
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
The announcement that India will overtake Japan in nominal gross domestic product in dollar terms in 2025 has shocked Tokyo. Until 2010, Japan had been home to the world’s undisputed second-largest economy, but it’s now on the brink of slipping to fifth place. In estimates released in late April
- Lankan economic conditions improving as expected - IMF (Category: Breaking News)
- 6.5% GDP growth for SL projected by IMF (Category: Breaking News)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
- Economy grows by 3.5 percent (Category: Breaking News)
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
- Thus spake Prez (Category: Breaking News)
- Prez presents Budget to ‘build foundation of Sri Lanka’s recovery’ (Category: Breaking News)
- Prez warns of hard times ahead (Category: Breaking News)
- Thus spake Prez (Category: Breaking News)
[…]The post Whither The National Education Policy Framework Of Sri Lanka? appeared first on Colombo Telegraph.
- Sri Lanka’s Political Landscape: Navigating A Tripartite Contest (Category: Breaking News)
- Provincializing Universities: The Risks & Dangerous Precedent Of The Newly Proposed NEPF (Category: Breaking News)
- JVP: From Idealism Of Anti-Indianism To Pragmatic Realism(?) (Category: Breaking News)
- Say no to NEPF! Say no to abolishing free education! (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)
[…]The post G.C. Rodrigo: Friend, Colleague & Comrade: ‘When Alone Think Clearly; When With Others Speak Carefully’ appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- AKD’s Offer To Form An Interim Administration Is Sensible (Category: Breaking News)
- What Sri Lanka Can Take Away From The US Elections (Category: Breaking News)
- යුද්ධය, සාමය සහ මුසාවාද (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)
emerge, the Sri Lankan economy is expected to achieve moderate growth in 2024, […]
- Sampath Bank posts steady results for First Quarter of 2024 (Category: Breaking News)
- ComBank begins 2024 with impressive growth (Category: Breaking News)
- COMBank’s 1Q pre-tax profit up 40% to Rs 4.145 b (Category: Business)
- Singer Sri Lanka revenue grows by over Rs. 1 b in first quarter (Category: Breaking News)
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