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[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 27), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 (Category: Breaking News)
first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
- Sri Lanka Latest Breaking News and Top Stories.
- Motorists in Colombo honk their horns in protest over road closure (Category: Breaking News)
- Iranian President Dr. Ebrahim Raisi arrives in Sri Lanka (Category: Breaking News)
- Tight security during Iranian President’s visit to Colombo (Category: Breaking News)
- Iranian President arrives in Sri Lanka (Category: Breaking News)
[…]The post Reforming Education: Target For Creative Capital & Not For Mere Human Capital appeared first on Colombo Telegraph.
- Target 2048 – Go For Creative Capital And Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Develop A Knowledge-Based Innovative Economy (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
- A case for peer group based self-learning – Part 1 (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe expressed his firm conviction in his ability to shape Sri Lanka into the country that the nation’s youth envision.The post President says he will build a Sri Lanka that the youth aspire to appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top
- President joins Sinhala and Tamil New Year celebrations in Nuwara Eliya (Category: Breaking News)
- President attends Sinhala and Tamil New Year festivities in Nuwara Eliya (Category: Breaking News)
- President Participates in Sinhala and Tamil New Year Festivities Organized by the Nuwara Eliya M... (Category: Breaking News)
- Prez offers to convert N’Eliya Post Office into a hotel (Category: Breaking News)
Apropos our news items (in The Island of 18 April) “Australia-based doc alleges her flat illegally occupied by diplomatic mission employee”, the High Commission for the People’s Republic of Bangladesh in Colombo has sent us the following response: “We draw your kind attention
- Death of Upatissa Hulugalle (Category: Breaking News)
- Sri Lankan family murdered in Ottawa identified; teen suspect arrested (Category: Breaking News)
- “Move to hand over Sevanagala Sugar Co. to Daya G alleged”: PMD responds (Category: Breaking News)
- PAFFREL: Ranil offers to strengthen PCs, having postponed elections to them (Category: Breaking News)
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News
- IMF ready to support Sri Lanka s discussions with bondholders (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- Sri Lanka hoping to continue talks with bondholders after consulting IMF (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The Asian Development Bank (ADB) has highlighted the critical role of addressing gender inequality in achieving Sri Lanka's ambitious growth targets.The post ADB urges Sri Lanka to address gender inequality to boost economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB forecasts 8% GDP growth (Category: Breaking News)
- ADB provides Sri Lanka access to concessional financing (Category: Breaking News)
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
Sri Lanka began the International Monetary Fund and World Bank Group (IMF/WBG) Spring Meetings with a productive bilateral discussion with Kenji Okamura, the Deputy Managing Director of the IMF, according to State Minister of Finance, Shehan Semasinghe.The post Sri Lanka commences IMF-World Bank Spring Meetings with positive bilateral talks appeared first on ONLANKA - Sri Lanka Latest Breaking New...
- Sri Lanka makes significant progress at the World Bank – IMF spring meetings in Washington (Category: Breaking News)
- IMF and Sri Lanka discuss steps to be taken to secure funds (Category: Breaking News)
- Sri Lankan delegation calls on top IMF, World Bank officials at 2024 Spring Meetings (Category: Breaking News)
- IMF wants social stability maintained in order to help Sri Lanka (Category: Breaking News)
Latest Breaking News and Top Stories.
- Kristalina Georgieva selected to serve as IMF MD for second term (Category: Breaking News)
- Kristalina Georgieva selected for second term as IMF s Managing Director (Category: Breaking News)
- IMF’s Georgieva to travel to China at end of March – IMF sources (Category: Breaking News)
- IMF working with multilateral lenders on financing programmes for Sri Lanka (Category: Breaking News)
[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
but must maintain reform momentum: ADB appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- ADB provides Sri Lanka access to concessional financing (Category: Breaking News)
- Sri Lanka seeks Asian Development Bank support in digitalization, agriculture (Category: Breaking News)
- 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)
first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Jumbo profit at JKH (Category: Business)
- Hemas records Rs. 1.3 b after tax profit in FY12 (Category: Business)
- Creamier 2011 for Nestlé Lanka shareholders (Category: Business)
appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Rs 200 billion social safety net to support Sri Lanka s vulnerable populations amid economic tur... (Category: Breaking News)
- Sri Lanka Implements Its Most Robust Social Security Program (Category: Breaking News)
- Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement (Category: Breaking News)
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? appeared first on Colombo Telegraph.
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part III (Category: Breaking News)
- Middle East Conflict: Why We Should Support Israel? (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)
Latest Breaking News and Top Stories.
- Sri Lanka’s debt repayments to be suspended until 2028 (Category: Breaking News)
- Sri Lanka s debt repayments to be suspended until 2028 (Category: Breaking News)
- China confirms two-year debt moratorium offer for Sri Lanka (Category: Breaking News)
- Sri Lanka to make $2.6 billion in loan repayments in first half of year (Category: Breaking News)
Mr. Rajith Keerthi Tennakoon, President Director General of Community Affairs, stated that between President Ranil Wickremesinghe’s assumption of office and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments.The post Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement appeared first on ONLA...
- Sri Lanka Government allocates nearly Rs. 200 Billion for Economic Relief amidst Crisis (Category: Breaking News)
- Government settles US$ 1,909.7 million foreign debt and interest – Rajith Keerthi Thennakoon (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
According to sources familiar with the matter, Bloomberg reports that global investors and officials from Sri Lanka are expected to convene for a second round of discussions with the aim of restructuring $12 billion in defaulted global bonds later this month.The post Global investors and Sri Lanka officials set for second round of Bond Restructuring talks appeared first on ONLANKA - Sri Lanka Late...
- Sri Lanka, bondholders plan fresh round of debt talks this month - reports (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports (Category: Breaking News)
- Sri Lanka to start talks to restructure bonds next week (Category: Breaking News)
- Sri Lanka postpones debt restructuring talks, hopes for IMF deal in December (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) has announced that Sri Lanka’s official reserve assets increased by 9.5% in March 2024.The post Sri Lanka’s official reserve assets increase by 9.5% in March appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s official reserve assets up by 23.2% in December 2023 (Category: Breaking News)
- Sri Lanka’s official reserve assets up by 9.6% in April 2024 (Category: Breaking News)
- Sri Lanka s official reserve assets increase in Sep 2022 (Category: Breaking News)
- Sri Lanka s official reserve assets increase in Nov 2022 (Category: Breaking News)
first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Sajith demands tough action against those targeting Lankans with pyramid scams (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
- Cockiness; What Price? (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- Fleas Dream Of Buying A New Dog (Category: Breaking News)
News and Top Stories.
- Sri Lanka: Prevention of Domestic Violence Act (Category: Breaking News)
- Govt. to put forward new Bill to combat domestic violence (Category: Breaking News)
- New Bill to Combat Domestic Violence – State Minister of Women and Children’s Affairs Geetha Kum... (Category: Breaking News)
- Prevention of Domestic Violence Act No. 34 of 2005 to be revoked and replaced by new act (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update.The post Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated ̵...
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- World Bank says Sri Lanka still faces elevated poverty levels (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- CID Busts a foreign collaborated racket of stealing from Bank Accounts. (Category: Breaking News)
- CID Busts a foreign collaborated racket of stealing from Bank Accounts. (Category: Breaking News)
- Man gets 3 months in hostage scam to rob SC bank (Category: USA, South Carolina)
- Sri Lankan saves Melbourne woman from romance scam (Category: Breaking News)
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
- Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Choice Of Elections Or Abolition Of Presidency (Category: Breaking News)
[…]The post Sinhala Buddhist Nationalism & Women In Sri Lanka appeared first on Colombo Telegraph.
- Would Voting For A Tamil Presidential Candidate Polarize The Tamils? (Category: Breaking News)
- Do You Think The Enmity Between The Sinhalese & The Tamils Will Ever End & Amity? (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
- Sinhalese Society Through The Prism Of Religion: An Appreciation Of Gananath Obeyesekere’s Work ... (Category: Breaking News)
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
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