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first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s State Minister of Finance says VAT increase has no major impact on the market (Category: Breaking News)
- Sri Lanka to increase VAT to 18% (Category: Breaking News)
- Controversial Social Security Contribution levy comes into effect (Category: Breaking News)
- Minister clarifies the Consumer Affairs Authority DG issue (Category: Breaking News)
Israel has insisted the assassination of a Hamas leader in Beirut was not an attack on Lebanon, as its enemies warned of “punishment” for his death. An Israeli spokesman said Saleh al-Arouri had died in a “surgical strike against the Hamas leadership”. Hamas condemned the death, while its ally Hezbollah said it was an assault […]
- Hezbollah steps back from all-out war on Israel over Gaza – for now (Category: Breaking News)
- How Hamas built a force to attack Israel on 7 October (Category: Breaking News)
- Crucial Red Sea data cables cut, telecoms firm says (Category: Breaking News)
- WHO says Gaza’s al-Shifa hospital a death zone, as hundreds leave (Category: Breaking News)
[…]The post Bitcoin’s Foe: Market Manipulation Schemes appeared first on Colombo Telegraph.
- Embracing the Cryptocurrency Wave, Sri Lanka Ventures into Bitcoin and Blockchain Technology (Category: Breaking News)
- The Central Bank Rejected U.S. Billionaire’s Bitcoin Pitch (Category: Breaking News)
- Video: BITCOIN | THIS IS HOW BITCOIN COULD COME DOWN TO $10,000!!! (Category: Business)
- Video: BITCOIN | WHAT IS THE NEXT STOP FOR BITCOIN FROM HERE??? (Category: Business)
- Sri Lanka Latest Breaking News and Top Stories.
- IMF bailout package has unlocked new path to create better future for youth and uplift the count... (Category: Breaking News)
- President promises five percent economic growth in 2026/27 under current economic policies (Category: Breaking News)
- Sri Lanka flags return to growth, protesters demand tax cuts (Category: Breaking News)
- Sri Lankan President explains Government’s tax policy while revealing the cause of inflation (Category: Breaking News)
[…]The post Hoping Against Hope In The New Year appeared first on Colombo Telegraph.
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
- President Needs To Implement Pledges Before Elections (Category: Breaking News)
- Change Flight From Stability With Stagnancy (Category: Breaking News)
appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s Central Bank lays out policies to restore price stability, macroeconomic strength (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
[…]The post Acting IGP & Police Minister Have Woken Up From A Deep Sleep? appeared first on Colombo Telegraph.
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Curse Of JRJ Constitution Continues (Category: Breaking News)
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
- No room at the inn as Bethlehem celebrates Christmas (Category: Breaking News)
- Nativity Church in Bethlehem to bless President Rajapaksa (Category: Breaking News)
- A mass in Bethlehem to bless the President (Category: Breaking News)
- Coronavirus dampens Christmas joy in Bethlehem and elsewhere (Category: USA, South Dakota)
first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Minister Manusha Nanayakkara Announces Remarkable Recovery: Government Replenishes Foreign Reser... (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
- Current govt. increased foreign reserves to USD 3.6bn  Minister (Category: Breaking News)
- Remittances from expat workers improving, says Manusha (Category: Breaking News)
The Samagi Jana Balawegaya (SJB) has cautioned the Wickremesinghe-Rajapaksa government against counting loans received from the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB) as external buffers as they have to be paid back.The post Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves appeared first on ONLANKA - Sri Lanka Latest Brea...
- SJB warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- Harsha rubbishes President’s claim LG polls cannot be held (Category: Breaking News)
- Ready to support all-party govt, Harsha says (Category: Breaking News)
- Public Finance Committee Chief Harsha De Silva demands President publicize IMF conditions (Category: Breaking News)
funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
The World Bank released the second tranche of the US$ 500 million Sri Lanka Resilience, Stability and Economic Turnaround (RESET) Development Policy Operation (DPO), considering the continued satisfactory progress made by the government with the reform program.The post World Bank releases additional USD 250 million for Sri Lanka to sustain economic reforms appeared first on ONLANKA - Sri Lanka Lat...
- No new financing to Sri Lanka until macroeconomic policy framework is ready – World Bank (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
- World Bank approves $700 Million for crisis-hit Sri Lanka (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
[…]The post Sri Lankan Media Miserably Failed To Cover Israeli Genocide In Gaza appeared first on Colombo Telegraph.
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- ICJ Ruling On Israeli Genocide In Gaza; Stopped Short Of Ordering A Ceasefire (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- The President desires to make the most of the development opportunities in the Indian Ocean regi... (Category: Breaking News)
- Rupees 1,500 million allocated for ‘Greater Kandy Urban Development Program’ – State Minister fo... (Category: Breaking News)
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
[…]The post Lending In A Recession: Banks Should Do Venture Capital Financing For Startups appeared first on Colombo Telegraph.
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
- Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II (Category: Breaking News)
- Debate Over Profits Of Banks: Who Shares Them Ultimately? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
By N Sathiya Moorthy Speaking as chief guest at the Sri Lanka Military Academy, Diyatalawa, the other day, President Ranil Wickremesinghe emphasised the profound responsibility of the army in safeguarding the sovereignty of the country. He asserted that this duty should remain unquestionable and impervious to any attempts to restrict or compromise it. Simultaneously, the President […]
- U.S. Special Representative for Racial Equity in Sri Lanka for talks (Category: Breaking News)
- Former LTTE negotiator slams Tamil Nadu Government for ban on seminar (Category: Breaking News)
- Ranil assures full implementation of 13th Amendment (Category: Breaking News)
- Spotlight sought on urgent human rights challenges in Sri Lanka (Category: Breaking News)
Kuwait's leader Emir Sheikh Nawaf al-Ahmad al-Jaber al-Sabah has died at the age of 86, Kuwaiti state TV announced.The post Kuwaiti leader Sheikh Nawaf al-Ahmed dies aged 86 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Kuwaiti leader Sheikh Nawaf al-Ahmed dies aged 86 (Category: Breaking News)
- Kuwait’s Emir Sheikh Nawaf dies at 86, Sheikh Meshaal named successor (Category: Breaking News)
- Kuwait s new emir Sheikh Mishal sworn in, highlights importance of accountability (Category: Breaking News)
- US ends 5 cultural programs with China in further escalation (Category: USA, South Dakota)
to growth, led by agriculture appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka’s Economy suffers worst contraction in 2022 (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka’s economy shrinks 11.8% in second-worst performance (Category: Breaking News)
Under the primary health care system empowerment project, the World Bank has provided a loan of US$ 34 million to Sri Lanka to strengthen the primary health care system.The post World Bank provides loan to strengthen healthcare in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News
- World Bank approves $150 million to strengthen financial sector in Sri Lanka (Category: Breaking News)
- Cabinet nod to obtain USD 200 mn World Bank funding for social security programs (Category: Breaking News)
- Changing Needs (Category: Business)
- World Bank’s Managing Director urges need for reform continuity, concludes visit to Sri Lanka (Category: Breaking News)
The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue targets set under the programme, an official said on Wednesday.The post Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official appeared first on ONLANKA - Sri Lanka Latest Bre...
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- IMF to conduct bailout review for Sri Lanka in September (Category: Breaking News)
The International Monetary Fund (IMF) said its executive board cleared the first review of Sri Lanka's about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from the country's worst financial crisis in decades.The post IMF board approves first review of Sri Lanka’s nearly $3 billion bailout appeared first on ONLANKA - Sri Lanka Latest Breaking ...
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
- IMF board poised to approve $2.9 billion Sri Lanka bailout (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of approximately US$ 337 million to Sri Lanka as part of a bailout package. The IMF said the Executive Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with access to SDR 254 million […]
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
- IMF reaches crucial staff-level agreement with Sri Lanka following first review (Category: Breaking News)
- Human Rights Watch fears IMF loan could erode rights in Sri Lanka (Category: Breaking News)
- IMF confident Sri Lanka can be put on the path to prosperity (Category: Breaking News)
Latest Breaking News and Top Stories.
- Sri Lankan migrant workers remit 5.4 bln USD in first 11 months (Category: Breaking News)
- Increase in workers’ remittances (Category: Breaking News)
- Migrant workers’ remittances record sharp increase in March (Category: Breaking News)
- Sri Lankan Migrant workers’ remittances record sharp increase in May (Category: Breaking News)
The Asian Development Bank (ADB) has approved a USD 200 million concessional loan for Sri Lanka to help stabilize the country’s finance sector following the sovereign debt and economic crises that started in April 2022 after it suspended its external debt payments.The post ADB approves $200 Million to sustain economic stabilization efforts in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest ...
- ADB approves $350 Million for Sri Lanka economic stabilization programme (Category: Breaking News)
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- ADB approves $200mn to sustain economic stabilization efforts in Sri Lanka (Category: Breaking News)
- ADB to disburse US$ 203 Million emergency loan to support Sri Lanka’s poor and vulnerable (Category: Breaking News)
[…]The post New Episodes Of Sri Lanka Political Theatre appeared first on Colombo Telegraph.
- Restoring The Dignity Of Sri Lankan Cricketers (Category: Breaking News)
- The Rise & Fall of Bhanuka Rajapakse: How Sri Lankan Cricket’s Mismanagement Dimmed A Superb Tal... (Category: Breaking News)
- Sri Lanka will appeal ICC suspension – Sports Minister (Category: Breaking News)
- Nominations handed over for Sri Lanka Cricket elections (Category: Breaking News)
funding post-IMF approval – official appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year (Category: Breaking News)
- ADB approves $200 Million to sustain economic stabilization efforts in Sri Lanka (Category: Breaking News)
- Asian Development Bank vows more help for crisis-hit Sri Lanka (Category: Breaking News)
- World Bank releases additional USD 250 million for Sri Lanka to sustain economic reforms (Category: Breaking News)
[…]The post Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- 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)
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
Israel has carried out intense air strikes on Khan Younis in southern Gaza, with residents describing it as the heaviest bombing of the war. People in eastern areas of the city have been told by the Israeli military to evacuate further to the south. Israel believes some Hamas leaders are in the city, where many […]
- WHO says Gaza’s al-Shifa hospital a death zone, as hundreds leave (Category: Breaking News)
- Hezbollah steps back from all-out war on Israel over Gaza – for now (Category: Breaking News)
- EU says starvation in Gaza being used as a weapon (Category: Breaking News)
- UN warns half of Gaza’s population is starving (Category: Breaking News)
ECONOMYNEXT –Sri Lanka’s non-performing loans after the latest currency crisis is showing signs of having peaked but some sectors are hit worse than others with problem loans dating back from Coronavirus moratoriums, a banking official said. Hotels, transport and arts and entertainment sectors had bad loans of 30 to 20 percent, while the overall level […]
- SLBA calls for government engagement to facilitate debt recovery process (Category: Breaking News)
- Parate execution is the last resort to protect depositors’ funds – SLBA (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
[…]The post A Political Imperative appeared first on Colombo Telegraph.
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
- Futility Of “Ranilnomics” Without Systemic Change (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
- Economy, 13th Amendment & System Change (Category: Breaking News)
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