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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04357996

[…]The post IMF Economics & 13A Politics: Recipe For Unrest  appeared first on Colombo Telegraph.

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- onlanka.com - Category : Breaking News - Relavancy : 0.076264925

The IMF will conduct the first review of the $2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.The post IMF to conduct bailout review for Sri Lanka in September appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...

- island.lk - Category : Breaking News - Relavancy : 0.08715992

by Rajan Philips PAKISTAN’S twisted political saga continues without the slightest deviation from a tired and predictable script. PTI chairman Imran Khan has been found guilty of “corrupt practices”, disqualified from representing the people of Pakistan, fined Rs100,000, and sentenced to three years in jail for good measure. Dawn (Pakistan Daily), August 6 Editorial The […]

- adaderana.lk - Category : Breaking News - Relavancy : 2.7199562

Condemning all political decisions made by President Ranil Wickremesinghe with regard to the 13th Amendment to the Constitution, Senior Deputy Chairman of the Sri Lanka Freedom Party (SLFP) Prof. Rohana Lakshman Piyadasa warned that Sri Lanka is heading towards a democratic crisis.

- island.lk - Category : Breaking News - Relavancy : 0.05447495

Speaker Mahinda Yapa Abeywardena told Parliament on Friday thaty he would not revoke his ruling given on Wednesday with regard to the Parliament’s supremacy over the Supreme Court. He said that he had consulted legal experts in preparing his ruling that the Supreme Court is not empowered to issue orders or judgments of any nature against […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.076264925

[…]The post Ranil & His Options: Keep Running Or End The Executive Presidency appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.065369934

By Shamindra Ferdinando Rebel SLPP MP Prof. Channa Jayasumana yesterday (11) said that former President Gotabaya Rajapaksa should make his position clear on his successor Ranil Wickremesinghe’s move to fully implement the 13th Amendment to the Constitution. Reiterating his strong opposition to President Wickremesinghe’s controversial plan, the Anuradhapura District MP stressed that Gotabaya Rajapa...

- island.lk - Category : Breaking News - Relavancy : 0.08715992

Saturday 12th August 2023 Clashes among rice growers have been reported from Embilipitiya, where paddy fields began to receive water from Samanalawewa via the Udawalawe tank belatedly. Farmers are desperate for water in that part of the country to save their withering rice plants, and it is only natural that clashes have erupted. Minister of […]

- island.lk - Category : Breaking News - Relavancy : 0.05447495

By Saman Indrajith Opposition political parties yesterday (11) demanded that Speaker Mahinda Yapa Abeywardena withdraw his ruling that courts are not empowered to issue orders or judgements of any nature related to a motion already passed by the Parliament. On 09 August, the Speaker gave the ruling after Tourism and Lands Minister Harin Fernando raised a privilege issue on petitions filed against ...

- colombogazette.com - Category : Breaking News - Relavancy : 0.11322406

Sri Lanka said that India will be one of the closest countries to enhance investments in Sri Lanka given its proximity to the Island nation and that it wants to have a very conducive environment for investors to come and invest. In an interaction with PTI, Sri Lankan Finance Minister Shehan Semasinghe also sounded optimistic […]

- adaderana.lk - Category : Breaking News - Relavancy : 0.39040774

The Sri Lankan High Commissioner Milinda Moragoda said on Thursday that India has supported cash-strapped Sri Lanka last year when the island nation was hit by an unprecedented economic crisis, the worst since its independence from Britain in 1948.

- onlanka.com - Category : Breaking News - Relavancy : 0.05447495

President Ranil Wickremesinghe emphasized the importance of capital, particularly financial and human, for driving growth.The post President emphasizes the importance of investing in capital and human resources for Sri Lanka’s economic advancement appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.065369934

Friday 11th August, 2023 Signs are that the dark forces which hijacked Aragalaya in a bid to compass their sinister ends and almost succeeded in capturing Parliament, last year, are working overtime to make a comeback. Regrettably, the government is helping advance their anarchical agenda, albeit unwittingly, by refusing to heed public opinion and address […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08715992

[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Axacerbation? – Part II appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 0.39040774

More than $1 billion debt owed to India by Sri Lanka will undergo restructuring as part of the International Monetary Fund-led debt restructuring programme for the crisis hit South Asian country, Indian media reported on Thursday.

- adaderana.lk - Category : Breaking News - Relavancy : 0.39040774

Hailing the role of New Delhi in Sri Lanka s debt restructuring, Japanese Ambassador to India Hiroshi Suzuki said that India s issuance of financing assurances to the island nation at the time of its economic crisis was instrumental in accelerating the process of its debt restructuring.

- onlanka.com - Category : Breaking News - Relavancy : 0.076264925

The dry spell that is being experienced in Sri Lanka now is a seasonal phenomenon and nobody should attempt to take political mileage out of it, State Minister of Defence Premitha Bandara Tennakoon said.The post Don’t politicize changes in natural environment and weather including drought – State Minister of Defence appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...

- adaderana.lk - Category : Breaking News - Relavancy : 2.7199562

Finance State Minister Shehan Semasinghe says the recent economic crisis has been a catalyst for the long-ignored reforms that would finally put an end to these economic vulnerabilities.

- onlanka.com - Category : Breaking News - Relavancy : 0.076264925

The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said on Wednesday.The post Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- adaderana.lk - Category : Breaking News - Relavancy : 0.39040774

It was decided in the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis to set up expert committees consisting of university scholars to recommend the tax system to be implemented in the country and the economic policies to be followed, the parliamentary communications

- island.lk - Category : Breaking News - Relavancy : 0.15407842

Question mark over hygienic conditions at ICUs, OTs By Shamindra Ferdinando Health authorities have warned of dire consequences unless urgent action was taken to address growing concerns over postoperative infections at the National Hospital. Authoritative sources told The Island that the National Hospital has recorded a comparatively higher number of deaths due to postoperative infections […...

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- island.lk - Category : Breaking News - Relavancy : 0.046223525

Yahapalana Speaker Karu Jayasuriya’s plea for Indian funding to develop Elapathagama in the memory of the late Maduluwawe Sobitha Thera remains a mystery. In terms of an agreement signed on 14 July, 2017, India provided Sri Lankan Rs 300 mn to develop Elapathagama in the Anuradhapura district. The late Sobitha Thera, a controversial character, spearheaded […]

- island.lk - Category : Breaking News - Relavancy : 0.13073987

Leader of Eksath Janaraja Peramuna and SJB MP Patali Champika Ranawaka has said that according to a report submitted to Parliament by the Finance Ministry, the National Water Supply and Drainage Board (NWSDB) had been earning profits during the past six months. Therefore, the recent tariff increases couldn’t be justified, the former Minister said, warning […]

- onlanka.com - Category : Breaking News - Relavancy : 0.065369934

Indian cricket legend Sachin Tendulkar on Monday visited two schools in Sri Lanka and interacted with students in his role as UNICEF’s Goodwill Ambassador.The post Sachin Tendulkar visits Sri Lankan schools as UNICEF’s Regional Goodwill Ambassador appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.076264925

Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday.The post Sri Lanka central bank chief: monetary policy transmission still incomplete appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.08715992

SJB MP Eran Wickramaratne says the importation of inferior medicine by way of emergency procurement and non-functioning medical, surgical and other test equipment in hospitals have ruined the public health sector. Addressing the Media at the Office of the Leader of Opposition on Sunday (6Aug2023), Wickramaratne said that this pathetic situation in the health sector […]

- island.lk - Category : Breaking News - Relavancy : 0.076264925

Tuesday 8th August, 2023 Former Chairman of the Election Commission (EC) Mahinda Deshapriya, who serves as the Head of the National Committee on Delimitation of the Divisions of Local Government (LG) Bodies, seems to be full of optimism. He is reported to have said he expects either the local government polls or the Provincial Council […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.09435338

By N Sathiya Moorthy If someone thought that President Ranil Wickremesinghe was funny about it, he was not. If anything, it sounded more Quixotic than possibly predecessor Gotabaya Rajapaksa’s misadventure with ‘organic farming’. According to reports, at an official meeting the other day, Wickremesinghe asked Health Ministry officials to devise a strategy to seek compensation […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.076264925

Indian cricket legend Sachin Tendulkar on Monday visited two schools in Sri Lanka and interacted with students in his role as UNICEF’s Goodwill Ambassador. Tendulkar was appointed UNICEF Ambassador for South Asia in 2013 to advocate good hygiene and sanitation across the region. He toured the southwestern Sabaragamuwa province’s Kegalle district on Monday, visiting selected […]

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