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… asks House to rectify fundamental blunder by Shamindra Ferdinando Lawmaker Gevindu Cumaratunga, on behalf of the Uththara Lanka Sabhagaya (ULS), has requested the Chairman of the Committee on Public Finance (CoPF) Dr. Harsha De Silva to propose fundamental change to the Central Bank of Sri Lanka Act (No 16 of 2023) by including Secretary to the Finance Ministry/Treasury […]
In recent years, Maldives has witnessed a creeping shadow of Chinese influence, casting doubt on the sovereignty and autonomy of this island nation. The recent signing of a defense cooperation agreement between China and the Maldives on 4th March serves as a stark reminder of the dangerous path the Maldives treads, as it inches closer […]
[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
[…]The post Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. Anil Baddevithana appeared first on Colombo Telegraph.
[…]The post Time For Truth Telling appeared first on Colombo Telegraph.
[…]The post Ancient Values Influence Behaviour Centuries Later appeared first on Colombo Telegraph.
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part IV appeared first on Colombo Telegraph.
China’s manufacturing activity declined for the fifth consecutive month in February, with the fall attributed to disruptions surrounding the Lunar New Year holiday, but analysts anticipate a moderate pickup in the months ahead despite structural frailties still looming large. The official manufacturing purchasing managers’ index (PMI) fell to 49.1 in February from 49.2 a month […]
by Rajan Philips The economy is the base; everything else is superstructure. That is the old Marxian concept, simply put. The base ultimately determines what goes on in the superstructure, which includes among other things the state and its institutions, as well as their processes and functions
[…]The post Playing The Fiddle While The Country Burns! appeared first on Colombo Telegraph.
[…]The post The Steps To Achieve Justice In Sri Lanka appeared first on Colombo Telegraph.
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry yesterday (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the program’s impl...
[…]The post The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises appeared first on Colombo Telegraph.
Aragalaya activist Wasantha Mudalige insisted that it was the people who sent former President Gotabaya Rajapaksa home and denied claims of a conspiracy. Mudalige, who played an active role during the Aragalaya said that there was no foreign conspiracy behind Rajapaksa being forced out of power. The activist said the people had a spine to […]
IMF programme in Sri Lanka was showing signs of “working” and it was translating into real outcomes, Peter Breuer, IMF’s Senior Mission Chief for Sri Lanka said during a meeting with President Ranil Wickremesinghe at the Finance Ministry on Thursday (07), President’s Media Division (PMD) announced. Breuer said that positive outcome was thanks to Sri […]
It’s about to get easier for some foreign travelers to visit China, with the government announcing plans to extend its visa exemption policy to six additional European countries. The exemption will take effect on March 14, Chinese Foreign Minister Wang Yi announced on Thursday during a press conference on the sidelines of the National People’s […]
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry today (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the […]
The Nelum Pokuna Theater in Colombo hosted the launching ceremony of the “Press Vs. Prez” book today (07), with President Ranil Wickremesinghe presiding over the event. Addressing the gathering President Ranil Wickremesinghe further commented: “It must be noted that this collection of cartoons is in line with a longstanding tradition. I recall visiting former President […]
Video: #IMF තුන්වැනි වාරිකයේ ලැබෙන මුදල මෙන්න #economy #economiccrisis #srilankanews
The second review of the International Monetary Fund (IMF)-Supported Program for Sri Lanka began, Thursday. State Minister of Finance Shehan Semasinghe said that the IMF 2nd review commenced with an opening meeting with President Ranil Wickremesinghe. “This marks an important milestone in our ongoing efforts to enhance stability and economic growth,” the State Minister said. […]
Nikki Haley is dropping out of the 2024 presidential race after winning just two Republican primaries. “The time has now come to suspend my campaign,” she said at a news conference on Wednesday morning. Her departure will leave her rival Donald Trump as the only Republican left after he dominated Super Tuesday, racking up a […]
The International Monetary Fund (IMF) will start its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with a meeting with President Ranil Wickremesinghe.The post IMF begins second review of Sri Lanka’s bailout package today appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Saman Indrajith President Ranil Wickremesinghe yesterday told Parliament that the government was planning to exempt items such as books, school equipment, health equipment, and medicine from VAT. Making a special statement in the House, the President said: “By 2022, the country was slated to repay approximately US$6 billion in foreign debt annually, amounting to […]
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News
Former President Gotabaya Rajapaksa announced the release of a book titled “The conspiracy to oust me from the Presidency”. He said the book reveals the political campaign to oust him from the presidency. “I wish to announce the publication of my book titled “The conspiracy to oust me from the Presidency”. Foreign intervention has weighed heavily […]
Sri Lanka has sought temporary relief from debt defaults from 2023 till 2027, President Ranil Wickremesinghe told Parliament, Wednesday. He said that Sri Lanka plans to diligently work towards repaying the loans in the period from 2027 to 2042. “Sri Lanka faces a significant burden of debt. By 2022, the country was slated to repay […]
President Ranil Wickramasinghe said that the country's economy is getting stronger due to the program carried out by the government, and accordingly, more relief will be given to the people in the future.
Reaffirming its customer-centric focus, the Truly Sri Lankan Bank, Pan Asia Bank, has forged a strategic partnership with AIA Insurance Lanka, to provide comprehensive insurance solutions – including protection, health and investment solutions – that meet the changing needs of the Bank’s valued consumers. Expressing his enthusiasm about the new partnership, Naleen Edirisinghe, CEO of [...
India presented a new perspective to conceptualise its relationship with the West. The perspective is based on emphasizing its distinctions from BRICS co-founders China and Russia. The new approach came through by way of a response to a query, during the recently concluded 60th Munich Security Conference, about India’s freedom to choose between multiple partners […]
Sri Lankan President Ranil Wickremesinghe revealed that over the past 14 months, the Parliament has enacted 42 new laws to facilitate the country’s economic transformation.The post Sri Lanka President says 42 new laws enacted for economic transformation, 62 laws due for enactment appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.