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The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis, chaired by MP Gamini Waleboda, recently convened a meeting in Parliament
By Sanath Nanayakkare Minister of State for Finance Shehan Semasinghe said on Monday that the government is aware of the low deposit interest rate senior citizens are earning on their savings as the policy rates are taking a downward trajectory amid declining inflation and expanded economic activity. He, however, said that interest rate relief cannot […]
- Decision to be reached on interest rates for senior citizens savings (Category: Breaking News)
- Govt. to regulate third-party deposits in senior citizens savings accounts (Category: Breaking News)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
- Understanding Poverty: A complex, multidimensional challenge (Category: Breaking News)
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
- The economic crisis can only be solved through the implementation of a comprehensive, long-term ... (Category: Breaking News)
- Sri Lanka to strengthen the poverty alleviation program, extend benefits to more families (Category: Breaking News)
- Targets for 2024 are 2.2million tourists and US$ 4billion in revenue – Minister of Tourism (Category: Breaking News)
- .Economic growth rate to be increased to 8 percent (Category: Breaking News)
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
- Arrest of ex-Prez over Easter bombing remarks sought (Category: Breaking News)
- Foreign hand in Gotabaya’s ouster: Chief Govt. Whip wants thorough probe (Category: Breaking News)
- Simple questions to Sirisena and Gotabaya (Category: Breaking News)
- The strange case of Katuwapitiya suicide bomber’s wife Pulasthini (Category: Breaking News)
Speaker Mahinda Yapa Abeywardana dismissed a conspiracy theory linked to the mass protests staged in Sri Lanka in 2022 to oust then President Gotabaya Rajapaksa. MP Wimal Weerawansa alleged that there was a foreign hand in the ‘Aragalaya’’ protests and called for it to be investigated. He told the Speaker that Parliament must hold a […]
- Speaker tells two Ministers to mind their own business (Category: Breaking News)
- NPP decides to back no-confidence motion on Speaker (Category: Breaking News)
- Outsiders banned from COPE meetings unless approved by Speaker (Category: Breaking News)
- Date set to debate and vote on motion against Speaker (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update.The post Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated ̵...
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- World Bank says Sri Lanka still faces elevated poverty levels (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
- Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Choice Of Elections Or Abolition Of Presidency (Category: Breaking News)
Representatives from Sri Lanka’s business community, government, and the finance sector convened in Colombo to discuss the mix of policies, financial mechanisms and technologies, crucial for propelling the country’s industrial decarbonization and economic recovery. This event is the second edition of the Industry Dialogue organized by the European Union (EU)-funded Accelerating Industries’ Climate...
- Sri Lankan industry leaders explore sustainable energy future (Category: Breaking News)
- Kingdom of Saudi Arabia hosts the World Economic Forum (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- UNIDO mulling Sri Lanka power & energy support next – Levissianos (Category: Business)
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. Released today, the Sri Lanka Development […]
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank warns Sri Lanka’s economic crisis deepening (Category: Breaking News)
- World Bank approves $700 million in financing support for Sri Lanka (Category: Breaking News)
[…]The post Sinhala Buddhist Nationalism & Women In Sri Lanka appeared first on Colombo Telegraph.
- Would Voting For A Tamil Presidential Candidate Polarize The Tamils? (Category: Breaking News)
- Do You Think The Enmity Between The Sinhalese & The Tamils Will Ever End & Amity? (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
- Sinhalese Society Through The Prism Of Religion: An Appreciation Of Gananath Obeyesekere’s Work ... (Category: Breaking News)
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
By Rathindra Kuruwita There is a trend among some Sri Lankan parents not to have their infants vaccinated and this could lead to disastrous consequences, officials from National Programme for Tuberculosis Control and Chest Diseases (NPTCCD) says. In certain developed nations, some parents start vaccinating their children only after a year or so after they […]
- ‘Vaccines Do Not Save Lives: Vaccinations Save Lives’ (Category: Breaking News)
- Dr. Ginige: Unproven claims could discourage vaccination of children (Category: Breaking News)
- Six new cases of oral cancer reported daily in Sri Lanka (Category: Breaking News)
- Heart attacks number one cause of death in govt. hospitals (Category: Breaking News)
The Sangha for Better Sri Lanka (SBSL) and the Global Tamil Forum (GTF) are saddened by the untoward incidents that took place during the Maha Shivaratri Event (March 8, 2024) at Vedukkunari Aathi Sivan Temple in the North of Sri Lanka. On the Maha Shiva Rathri night (the most auspicious night in the Hindu calendar), […]
- Groundwork for Truth, Unity and Reconciliation Commission underway (Category: Breaking News)
- Group representing N&E condemns GTF-led initiative, draws govt. attention to five issues (Category: Breaking News)
- A Maha Sanga-led reconciliation initiative in Sri Lanka (Category: Breaking News)
- Ven Diviyagaha Yasassi Nayaka thero honoured with Upadhyaya title (Category: Breaking News)
By N Sathiya Moorthy Reports that some ex-Servicemen from Sri Lanka had died fighting on either side of the unending Ukraine war should shock the nation’s consciousness. The question is not about the how of it but the why of it all – greed or economic condition that has forced them and others still out there […]
- Can ‘National Security’ priorities wait for economic recovery? (Category: Breaking News)
- Amnesty offered for soldiers absent without leave (Category: Breaking News)
- US report says LTTE’s international network still active (Category: Breaking News)
- Hundred days on, where from here after ‘Aragalaya’ victory? (Category: Breaking News)
By Shamindra Ferdinando Samagi Jana Balawegaya (SJB) parliamentarian Kavinda Jayawardena yesterday (31) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should accept the responsibility for creating conditions for public protests that led to the overthrowing of President Gotabaya Rajapaksa. The Gampaha District MP was responding to Speaker Mahinda Yapa Abeywardena’s declaration that powerfu...
- Speaker says he didn’t allege foreign hand in Aragalaya uprising (Category: Breaking News)
- MP Ajith Rajapakse elected new Deputy Speaker of Parliament (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- No confidence against Keheliya defeated 113 – 73 with 38 MPs absent (Category: Breaking News)
[…]The post Colombo University Business Economic Summit 2024: Keynote Address appeared first on Colombo Telegraph.
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
Fuel prices in Sri Lanka have been revised with effect from April 1, 2024.The post Sri Lanka revises fuel prices from April 1, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka revises fuel prices from May 1, 2024 (Category: Breaking News)
- Sri Lanka revises fuel prices from June 1, 2024 (Category: Breaking News)
- Sri Lanka revises fuel prices from March 05, 2024 (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
Four people from Sri Lanka arrived near Dhanushkodi in Ramanathapuram district on Friday night, owing to the economic crisis in the island nation, Indian media reported.
China has said it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal.The post China reaffirms financial support for Sri Lanka appeared first on ONLANKA - Sri Lanka
- China says ready to support Sri Lanka to overcome Economic Crisis (Category: Breaking News)
- China calls for joint efforts to ease Sri Lanka’s debt burden (Category: Breaking News)
- China continuously encouraged IMF to support Sri Lanka – Chinese Embassy in Sri Lanka (Category: Breaking News)
- China welcomes Sri Lankan foreign minister’s remarks on ‘Chinese debt trap’ (Category: Breaking News)
China has said it would continue to support Sri Lanka, as the crisis-hit island nation s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal.
30th April 2024 is the International Day to End Corporal Punishment; physical abuse is the most common form of abuse affecting 1.3+ billion children annually around the world. However, neither the Government of Sri Lanka nor the National Child Protection Authority (NCPA) seem to recognise the significance of this day despite the fact that Sri […]
- Stop Child Cruelty Trust stands up for Sri Lankan children at UNHRC (Category: Breaking News)
- Sri Lanka to establish Children’s Council to protect children (Category: Breaking News)
- Children Unite Across the Nation to Appeal to Parliament on Children’s Day (Category: Breaking News)
- UNICEF welcomes long-awaited amendment to CYPO in Sri Lanka (Category: Breaking News)
The Sangha for Better Sri Lanka (SBSL) and the Global Tamil Forum (GTF) are saddened by the untoward incidents that took place during the Maha Shiva Rathri Event at the Vedukkunari Aathi Sivan Temple in the North of Sri Lanka. On the Maha Shiva Rathri night (March 8, 2024), in an alarming escalation of force, […]
- Accomplished equestrian Mathilda Karlsson (Category: Breaking News)
- New envoys for Pakistan and Thailand in Sri Lanka present their credentials (Category: Breaking News)
- Indonesia and Sri Lanka discuss military training (Category: Breaking News)
- Pakistan to continue to stand with people of Sri Lanka (Category: Breaking News)
In the wake of vessel re-routings, aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a significant surge, highlighting a growing challenge for the maritime industry. While India contends with supply shortages, Sri Lankan ports are experiencing a notable increase in activity. According to S&P Global […]
- Implications of India – Sri Lanka connectivity (Category: Breaking News)
- Bunker demand surges in Sri Lankan ports as India grapples with supply shortages (Category: Breaking News)
- Norochcholai running out of coal: 14-hour power cuts feared (Category: Breaking News)
- SC judgment on MR, GR, BR, PB and Cabraal (Category: Breaking News)
By Saman Indrajith Registered political parties that are not represented in Parliament recently appeared before the Sectoral Oversight Committee on Alleviating the impact of the Economic Crisis to brief the committee on their solutions to the various challenges confronting sectors affected
- Opposition to appoint alternative committee (Category: Breaking News)
- Committee on Public Finance to summon CB governor, Finance Secretary (Category: Breaking News)
- Action Committee appointed to re-employ those affected by economic crisis (Category: Breaking News)
- SC ruling: SLPP always respects judiciary – NR (Category: Breaking News)
Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister. “We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in L...
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF sees Lanka as role model - Dr Amunugama (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework.The post Sri Lanka calls for debt-restructuring proposals from dealer managers appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
The world s largest refiner, China s Sinopec plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing a project earmarked as the biggest investment in the crisis-hit island nation.
Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework. Sri Lanka defaulted on its foreign debt in May 2022 as the economy […]
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
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