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- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]

- island.lk - Category : Breaking News - Relavancy : 1.0

President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Gaza In End Times appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

By Rathindra Kuruwita Governor of the Central Bank, Dr. Nandalal Weerasinghe said that he agrees with the recommendations given by Committee on Public Finance (COPF) on the recent salary increments given to CB employees. Dr. Weerasinghe said the CB has no issue with COPF recommendations but there is a slight problem with the COPF recommendation […]

- island.lk - Category : Breaking News - Relavancy : 1.0

People’s Bank has been named among the top 20 employers among AICPA and CIMA members in recognition of the bank’s contribution to the growth of management accountancy in Sri Lanka. The award was presented at the AICPA and CIMA Top Employer 2024 Award Ceremony held on recently at the Shangri-La, Colombo. The AICPA & CIMA […]

- island.lk - Category : Breaking News - Relavancy : 1.0

by Rajan Philips The Election Commission of India has set a staggering 44-day timetable for the country’s 18th Lok Sabha elections, between April 19 and June 1, with the results declared on June 4. There will be seven phases of voting – on April 19, April 26, May 7, May 13, May 20, May 25, […]

- island.lk - Category : Breaking News - Relavancy : 1.0

The bloodbath candidate by Vijaya Chandrasoma I concluded my essay last week with the prediction that, if Trump does not win re-election in November, “there is little doubt that Trump will, once again, call Foul and refuse to concede defeat. The nation will be plunged into political violence, tantamount to a civil war, for which […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post India’s Election Timetable & Sri Lanka’s Deadlock Elections appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

The Central Bank of Sri Lanka (CBSL) on Saturday (23) said that a majority of senior management and professionals of CBSL have made a collective decision to consider a revision to their salaries that sparked controversy.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Board of Directors of Union Bank of Colombo PLC announced the appointment of Mr. Dinesh Weerakkody a distinguished banker and financial advisor with vast experience as an Independent Non-executive Director, with effect from 01 April 2024. Mr. Dinesh Weerakkody is a former Chairman of Hatton National Bank PLC and Commercial Bank of Ceylon PLC […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Economic Realities & Political Promises appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Mr. President, You Plan To Rapidly Transform The Country Into An Export Economy By Passing Two New Laws In April 2024? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

By Saman Indrajith Appearing before the COPF (Committee on Public Finance) recently, Dr. Nandalal Weerasinghe said the Central Bank (CB) had no issue with COPF recommendations but it was not possible to implement the COPF recommendation that salary increases at issue be suspended immediately. “The salaries of CB employees for March have already been processed […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Inflation rate dropped to 5.1 percent in February from 6.5 percent in January, official data showed on Thursday.Food inflation increased from 4.1 percent to 5 percent and non-food inflation dropped from 8.5 percent to 5.1 percent. Sri Lanka’s inflation has been dropping steadily since September 2022, when inflation was at 69.8 percent. The Central Bank […]

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- island.lk - Category : Breaking News - Relavancy : 1.0

After constructive discussions in Colombo, IMF Senior Mission Chief Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued the following statement: “The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 […]

- island.lk - Category : Breaking News - Relavancy : 1.0

… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country should take advantage of the continuing external pressure to adopt reforms, build-up […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The Japanese Ambassador to Sri Lanka, H.E. MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy.The post Japanese Ambassador assures Japan’s support for Sri Lanka’s Economic development efforts appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 1.0

Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article IV Consultation. This was stated by Mr. Peter Breuer, IMF Senior Mission Chief during […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Saman Indrajith The no-confidence motion against speaker Mahinda Yapa Abeywardena was defeated in Parliament yesterday by a majority of 42 votes.The motion moved by the Opposition received 75 votes for and 117 against. The SJB, TNA, JVP/NPP and dissident SLPP MPs voted for the motion, while the MPs supporting the government voted against the […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The International Monetary Fund (IMF) reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement. The EFF arrangement was approved by the IMF Executive Board for a total amount of SDR 2.3 billion (about US$3 billion) on March […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Hiran H.Senewiratne Gloom surrounded the stock market yesterday due to political uncertainties stemming from the no-confidence motion against the Speaker of Parliament Mahinda Yapa Abeywardena and continuing speculation over elections. Consequently, negative investor sentiments manifested themselves. Amid those developments both indices moved downwards. The All Share Price Index went down by 64...

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Acknowledging that the independence of the Central Bank of Sri Lanka (CBSL) is an absolutely key pillar under its program, the International Monetary Fund (IMF) has said that it is important to maintain a high degree of transparency to explain how the CBSL s decisions are benchmarked.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

The Governor of the Central Bank of Sri Lanka (CBSL) has informed the Committee on Public Finance (COPF) today (March 21) that they accepted all recommendations from COPF report on salary revisions, the Chairman of the COPF, MP Dr. Harsha de Silva said.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The International Monetary Fund (IMF) team has reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 Article IV Consultation discussions.The post IMF reaches staff-level agreement with Sri Lanka on second review appeared first on ONLANKA - Sri Lanka...

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Sri Lanka covering the period 2024Â2028. The strategy will focus on restoring the country s macroeconomic stability, reviving growth, and establishing the foundation for sustainable recovery and resilience.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

The Central Bank of Sri Lanka (CBSL) has raised concerns about the recent trend of using currency notes to prepare ornaments and gift items and promotion of such activities through social media.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Minister Bandula Gunawardena, who was on an official visit to the USA to take part in a conference organized by the World Bank, has returned to the island last night (20), under the directives of President Ranil Wickremesinghe.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

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