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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$1 billion). The Executive Board also concluded the […]
- IMF Executive Board approves US$ 337 million to Sri Lanka (Category: Breaking News)
- Government’s Letter of Intent for fresh IMF support under SBA (Category: Business)
- IMF Executive Board approves another US$336 million for Sri Lanka (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
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)
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 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 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)
[…]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 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)
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)
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- The Buddha’s Idea Of Critical Thinking (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To The Governor Of The Central Bank appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- NPP Deserves Fairness From Critics (Category: Breaking News)
- Ranil Vs. AKD: Who Will Blink First? (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
[…]The post After May Day: Now What? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Trump-Ramasamy Ticket GOP’s Best Bet In 2024; US Events Will Affect The Whole World (Category: Breaking News)
- AKD’s Recent Climb Is Meteoric, Yet A Long Way To Go (Category: Breaking News)
- Election Or No Election, Ranil Is done; He’s Not Fit For Office (Category: Breaking News)
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
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
- Growth rate of Sri Lanka’s economy will be increased up to 3% by 2025 – President (Category: Breaking News)
- President proposes establishing Int l University on Climate Change in Sri Lanka (Category: Breaking News)
- Sri Lanka Government focuses on promoting ‘Health Tourism’ (Category: Breaking News)
- President seeks ADB support to set up International University on Climate Change in Sri Lanka (Category: Breaking News)
[…]The post Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
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 […]
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- Prez reiterates need to go ahead with local debt restructuring (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- President now expects IMF bailout next month (Category: Breaking News)
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis 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)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
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