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An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday.The post IMF staff to visit Sri Lanka in September for first programme review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF delegation to arrive in Sri Lanka on Thursday (Category: Breaking News)
- IMF staff to visit Sri Lanka in Sept. for first programme review (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said. The Washington-based lender approved a nearly US$3 billion bailout for crisis-hit Sri Lanka in March. The Asian island is struggling with its worst financial crisis in over seven decades, […]
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
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...
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
- IMF begins second review of Sri Lanka’s bailout package today (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
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.
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
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 […]
- GMOA Presents Proposal to President addressing Healthcare Challenges and Brain Drain (Category: Breaking News)
- Indian tourists visiting Sri Lanka can pay in INR (Category: Breaking News)
- Catholic priest claims key information shared with CID (Category: Breaking News)
- Ranil assures to protect rights of children and elderly (Category: Breaking News)
ECONOMYNEXT –Amid reports of rising brain drain, Sri Lanka President Ranil Wickremesinghe has directed government officials to devise a strategy to seek compensation from foreign nations that recruit Sri Lankan doctors. Speaking at a discussion with health ministry officials on Thursday August 03, President Wickremesinghe proposed that the matter be raised at World Health Organisation […]
- Kumudesh questions Keheliya’s stand on drugs imported outside procedure (Category: Breaking News)
- Sri Lanka President instructs to formulate new Medical Act within six months to protect citizens... (Category: Breaking News)
- Without investment into laboratories, SL will be plagued by low quality medicine – Expert (Category: Breaking News)
- ‘Dangerous drugs’ (Category: Breaking News)
[…]The post Incubating Again: Response To Tisaranee Gunasekara appeared first on Colombo Telegraph.
- Pyromaniacs On The March (Category: Breaking News)
- Incubating, Again (Category: Breaking News)
- Kurundi: A Runway To ’56? (Category: Breaking News)
- Is Sri Lanka An Ethnocracy? (Category: Breaking News)
In a veiled attack on China, National Security Adviser Ajit Doval said BRICS could work together on listing terrorists and their proxies under the UN counter-terrorism sanctions regime but emphasised that the process should be free from “politics and double standards.” Ajit Doval made the remarks during the meeting of the National Security Advisers of […]
- Ajit Doval Calls For Transparency On Shared Cross-Border Water Resources (Category: Breaking News)
- At BRICS NSAs’ meeting, Doval calls for need to bolster cooperation against terrorism without an... (Category: Breaking News)
- President Rajapaksa and Ajit Doval focus on regional security (Category: Breaking News)
- President Rajapaksa and Ajit Doval focus on regional security (Category: Breaking News)
The Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva, went on record a few days ago saying that if all the pilots in SriLankan Airlines leave, he will get foreign pilots to replace them. He stated this at a joint programme of CAASL and IATA on Aviation Day at Katunayake on Friday, July […]
- Pilot Shortage At SriLankan Airlines (Category: Breaking News)
- SriLankan and Fits Air ask permission to recruit foreign pilots to overcome severe shortage (Category: Breaking News)
- UL attempt to recruit foreign pilots flops due to low pay, high taxes – Dayasiri (Category: Breaking News)
- SriLankan Flight Academy opens heralding a new era in aviation training (Category: Business)
By Jayantha Somasundaram (This articlecontinued from yesterday (25) is based on reporting by the international media on the events in Sri Lanka forty years ago.) “For day after day Tamils were beaten, hacked or burned to death in the streets, on buses, on trains – sometimes in the sight of horrified foreign tourists. Their homes […]
- JULY 1983: AS THE WORLD SAW SRI LANKA (Category: Breaking News)
- Horror Of A Pogrom: Remembering “Black July” 1983 (Category: Breaking News)
- Sarath Weerasekera Thinks The Tamils In Sri Lanka Are Born Slaves (Category: Breaking News)
- Niemöller’s Quote Resonating With Aragalaya’s Aim For Racial Unity! (Category: Breaking News)
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Sri Lanka hit by record brain drain, but some stay to rebuild (Category: Breaking News)
[…]The post The Misunderstood Taxation Of EPF & Other Superannuation Funds appeared first on Colombo Telegraph.
- The Apologetic Custodian Of The EPF Is Also A Victim (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
Attempts made by SriLankan Airlines to recruit foreigners had failed due to low pay and high taxes here, Sri Lanka Freedom Party (SLFP) MP Dayasiri Jayasekera told Parliament on Friday (07).He said that the management of SriLankan and the line Minister were encouraging pilots to leave the airline. “The dispute between pilots and the management […]
- Getting Wings (Category: Business)
- SriLankan obtains govt s approval to recruit foreign pilots (Category: Breaking News)
- Pilots of SriLankan Airlines slam shortsighted decisions of the management (Category: Breaking News)
- 70 pilots leave SriLankan during last six months – Sajith (Category: Breaking News)
an ammunition shortage. […]
- Pope condemns human ‘hunger for wealth and power’ at Christmas Eve Mass (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Biden tells Zelensky his country will never stand alone (Category: Breaking News)
- Rishi Sunak visits President Zelensky in Kyiv as he pledges £50m in aid (Category: Breaking News)
Both airlines have a serious shortage of pilots, he said.A large number […]
- UL attempt to recruit foreign pilots flops due to low pay, high taxes – Dayasiri (Category: Breaking News)
- Four replacement engines for grounded aircraft by mid-July: Minister (Category: Breaking News)
- SriLankan obtains govt s approval to recruit foreign pilots (Category: Breaking News)
- SriLankan crisis: Pilots lambaste top management for mess (Category: Breaking News)
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.The post Sri Lanka set to start tea-for-oil barter with Iran next month appeared first on ONLANKA - Latest Breaking News updates on Sri Lanka.
- Sri Lanka settles US$ 20 million Iranian oil debt with tea (Category: Breaking News)
- Sri Lanka set to start tea-for-oil barter with Iran next month (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies and donor nations. Though the […]
- A stitch in time saves nine - Facing the short-term economic challenges (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- After Lanka and Pakistan, now Bangladesh lines up before IMF for bailout (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
The federal budget for Fiscal Year 2023-24, presented by Pakistan Finance Minister Ishaq Dar on Friday, came as a huge disappointment for homemakers as it offered no respite from surging household expenses, The News International reported. Reeling under an economic crisis of the kind seldom experienced in the country’s history, women in Pakistan are finding […]
- Pakistan sees attempt to make country default like Sri Lanka (Category: Breaking News)
- Despite squeezing people, govt projects record high deficit (Category: Breaking News)
- IMF asks Pakistan to take steps to be able to function as a country (Category: Breaking News)
- Foreign powers want Pakistan to default like Sri Lanka – Pakistan Finance Minister (Category: Breaking News)
A highly appreciative skill of the Pakistani administration is their extensive theatricals which can deceive the most intelligent of men. Lengthy speeches in the parliament are converted into minutes packed with wise counsel. After collecting enough praises and spewing venom on the opposition, they end up ultimately doing what they would do anyway — putting […]
- Pakistan’s election chaos casts shadow on next IMF deal (Category: Breaking News)
- IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet (Category: Breaking News)
- Pakistan, IMF reach staff-level deal to release $1.1bn from bailout package (Category: Breaking News)
- Target Tool (Category: Business)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
Siyambalapitiya explained that the initial import restrictions were imposed due to the shortage […]
- Import restrictions on more goods to be eased in near future  State Minister (Category: Breaking News)
- Sri Lanka to restrict imports of five fruit varieties (Category: Breaking News)
- Vehicle import restrictions to be lifted only after thorough analysis - state minister (Category: Breaking News)
- Restrictions on vehicle imports to be relaxed by next year  Semasinghe (Category: Breaking News)
[…]The post The Food Crisis In Sri Lanka: Why We Must Act Now! appeared first on Colombo Telegraph.
- Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Drought dents Sri Lanka’s economic hopes, farmers’ livelihood (Category: Breaking News)
- EU and FAO launch initiative to improve paddy farming in Sri Lanka (Category: Breaking News)
Sri Lanka Government to relax existing import restrictions on about 300 to 400 items from next week.The post Sri Lanka Government to relax import restrictions on nearly 400 items appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Sri Lanka’s workers’ remittances exceed USD 400 Million in January 2024 (Category: Breaking News)
- World Bank’s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- පින්තාරු අමුද්රව්යවල මිල 400% කින් ඉහළ ගිහින් (Category: Sinhala)
Friday 2nd June, 2023 Long lines of vehicles suddenly appeared near filling stations yesterday, evoking dreadful memories of a dark era and causing public panic. Pumps had run dry at most fuel depots, and people had to wait for hours to obtain petrol and diesel. Minister of Power and Energy Kanchana Wijesekera hurriedly issued a […]
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- LIOC temporarily halts fuel distribution to filling stations (Category: Breaking News)
- Fuel distribution normal after setbacks from trade union action - CPC (Category: Breaking News)
- 801 filling stations in total tested fuel pass QR facility- Minister (Category: Breaking News)
By Harischandra Gunaratna Chairman of the Institute of Hospitality, Dr. Harsha Jayasinghe on Tuesday said the brain drain in the country had not only led to a serious loss of talent but also hampered the industry’s ability to provide high-quality services and meet the demands of national and international visitors. Speaking at the 31st AGM […]
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- Browns Hotels & Resorts celebrates World Tourism Day with an insightful forum (Category: Breaking News)
- Kumar elected 17th President of FCCISL (Category: Business)
- Remittances from expat workers improving, says Manusha (Category: Breaking News)
Prices for nonferrous metals like copper and zinc have slumped this month despite predictions of shortages just a few weeks ago, on concerns that the shortfalls could turn into surpluses if Chinese demand recovers more slowly than expected. Three-month zinc futures on the London Metals Exchange, an international benchmark, fell to $2,483 per tonne at one point […]
- Copper hits 4-mth high on US, China stimulus hopes (Category: Business)
- Growth worries hit Asian shares (Category: Business)
- Asian markets buoyed by China easing, Greece hopes (Category: Business)
- Asian markets dampened by Bernanke, factory data in focus (Category: Business)
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka.The post Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka appeared first on ONLANKA News | Sri Lanka Lates...
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
- European Union donates 3,820 tonnes of urea fertilizer to Sri Lanka’s paddy farmers (Category: Breaking News)
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka. Smallholder farmers are amongst the most vulnerable rural communities, predominantly cultivating rice for self-consumption. Lack […...
- Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- EU and FAO launch initiative to improve paddy farming in Sri Lanka (Category: Breaking News)
- FAO delivers 3,820 tonnes of urea fertilizer to farmers in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
[…]The post Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
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