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India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri Lanka, the country’s foreign minister said in […]
The weekly top-up day of The National Fuel Pass (NFP) quota will be changed to Tuesdays instead of Sundays effective from today (March 08), Power and Energy Minister Kanchana Wijesekera said today.The post National Fuel Pass Quota to be topped up every Tuesday midnight appeared first on Sri Lanka
The International Monetary Fund (IMF) on Tuesday said Sri Lanka had secured financing assurances from all its major bilateral creditors, paving the way for the IMF board to consider approval of a long-awaited $2.9 billion four-year bailout.The post IMF board poised to approve $2.9 billion Sri Lanka bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
In a major breakthrough, Sri Lanka has received a financial assurance letter from the Exim Bank of China and the letter of agreement has been sent to the International Monetary Fund (IMF). President Ranil Wickremesinghe told Parliament that he received the financial assurance letter from the Exim Bank of China last night and he and […]
[…]The post President Ranil Wickremesinghe’s Special Statement – Full Text appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe has announced that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies.The post Sri Lanka President emphasizes the need for an urgent transition to a green economy appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Half of families in Sri Lanka are forced to reduce the amount they feed their children, according to a survey by Save the Children, as the country’s economic downturn spirals further into a full-blown hunger crisis nearly a year after the government defaulted on its debt.The government and international community must act now to prevent […]
By Y P Prakash Sri Lanka is a nation that has been plagued by political instability in recent years. The country has faced several political and economic crises, and there are concerns that it may plunge back into turmoil in early 2023. The postponement of the local government elections scheduled for early 2023 has raised […]
Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living high on the hog at the expense […]
Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]
[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution appeared first on Colombo Telegraph.
Sri Lanka’s tea production is expected to fully recover next year after last year’s drop, the country’s Environment Minister Naseer Ahamed said.The post Sri Lanka tea industry to fully recover next year, says minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By C. A. Chandraprema We now live in a digital world dominated by the social media, where information or disinformation coming through our mobile phones has more to do with forming public opinion than the plainly visible and palpable reality and well-established facts and data. Sri Lanka recently marked the 75th Anniversary of its Independence in […]
Sri Lanka needs to get back to growing its economy. It needs a new push towards development, one that harnesses good ideas and creates wealth for all its citizens. The name of the game is wealth creation – for all. Then governments will have something to tax! But somehow, little Sri Lanka hasn’t quite grasped […]
Sri Lanka President Ranil Wickremesinghe emphasised the importance of having a proper plan to strengthen the country’s economy, during a meeting with businessmen and lawyers in the Kandy district.The post Having Proper plan to strengthen Sri Lanka’s economy is important – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Ballot Or Bloodbath? appeared first on Colombo Telegraph.
By Shamindra Ferdinando Jathika Jana Balawegaya (JJB) lawmaker Anura Kumara Dissanayake has called for an end to the practice of spending taxpayers’ money to maintain former Presidents and their spouses. Bankrupt Sri Lanka couldn’t afford to look after political families, MP Dissanayake told a gathering in Colombo on Sunday. Referring to the former first lady […]
Is it a curse to be living in these times in this country? It feels like it is so. For we do not find peace of mind in anything, anywhere. Everything is working against the ordinary citizens of the country. The prices of bare necessities of life like food, fuel, electricity, water, transport
The Election Commission is to file a special motion before the Supreme Court on the difficulties it is facing on holding the Local Government (LG) elections on 9th March. Adequate funds not released by the Treasury, shortage of fuel and delays in printing the ballot papers are some of the issues
The beautiful island nation Sri Lanka, also known as ‘the pearl of the Indian ocean’, has been going through its toughest economic crisis since its independence in 1948. Another victim of the vicious ‘debt-trap diplomacy’, Sri Lanka has seen significant growth in Chinese influence in the recent past. While the entire world witnessed the tragedies […]
The economic and financial condition of Sri Lanka is very precarious at the moment. It has been facing the worst economic crisis since its independence in 1948. The Sri Lankan economy is going through a high rate of inflation, a shortage of essential commodities including fuel and medicines
By N Sathiya Moorthy Why blame the politicos alone when almost all independent institutions under the Constitution are confused and are confusing the rest? Though claimed not to be linked to the decision to hold nation-wide Local Government (LG) elections, now notified for 9 March, the resignation of one of the commissioners, Mrs P S […]
[…]The post Tax! Tax!! Tax!!! appeared first on Colombo Telegraph.
By Saman Indrajith Sri Lanka needs a new Constitution that protects the rights of all citizens, and implementing 13A or 13+ is not a solution to the problems faced by the people, National People’s Power (NPP) leader Anura Kumara Dissanayaka, addressing Parliament, has said. A referendum should be held, on the new Constitution to be […]