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[…]The post Nandalal Weerasinghe’s Wages Of Sin appeared first on Colombo Telegraph.
- Involuntary & Inequitable DDO (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
- Ranil’s Debt Driven Growth Strategy (Category: Breaking News)
- Towards A False Dawn (Category: Breaking News)
[…]The post Playing The Fiddle While The Country Burns! appeared first on Colombo Telegraph.
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
[…]The post Economy 2024: More Challenging Than The Two Previous Years appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab (Category: Breaking News)
[…]The post No Democratic Logic To Hold Provincial Council Elections In 2025 appeared first on Colombo Telegraph.
- Preparing The Ground For Early Elections (Category: Breaking News)
- New Mandates Before New Amendments (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
by Jehan Perera The government is facing an uphill task to rebuild the country which continues to be in a state of economic and moral decline which was evident in parliamentary proceedings last week. The initial hopes of a quick transition from the economic and moral decline that accompanied the pre-Aragalaya period ended with the […]
- Supreme court nudges govt., to democracy (Category: Breaking News)
- Electionsand economy (Category: Breaking News)
- Electionsand economy (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
[…]The post IMF Shows It Cares More Than Government appeared first on Colombo Telegraph.
- Parliamentary Support Required For Effective Recovery (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Preparing The Ground For Early Elections (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
[…]The post The Apologetic Custodian Of The EPF Is Also A Victim appeared first on Colombo Telegraph.
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Mr. President, Dawn Of The New Year Is The Time For Reflection & To Redress Citizens Grievances ... (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
[…]The post Politics Of Easter Investigation In A Wriggling Economy appeared first on Colombo Telegraph.
- Economy, Easter Phoenix & Politics (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- RW’s Political Dilemma (Category: Breaking News)
[…]The post System Change Happening In Wrong Direction appeared first on Colombo Telegraph.
- Overstressing The Proposed Truth & Reconciliation Commission (Category: Breaking News)
- From Demand For Systems Change To Systems Break (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
[…]The post Economy, Easter Phoenix & Politics appeared first on Colombo Telegraph.
- Politics Of Easter Investigation In A Wriggling Economy (Category: Breaking News)
- Regime Failure, Grassroot Anger & Ineffective Opposition (Category: Breaking News)
- Regime Failure, Grassroot Anger & Ineffective Opposition (Category: Breaking News)
- Regime Failure, Grassroot Anger & Ineffective Opposition (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
[…]The post ණය ප්රතිව්යුහගතකරණය, ආර්ථික කප්පාදුව හා ජාත්යන්තර මූල්ය අරමුදල: සර්වරෝගනාශකයක්ද නැත්නම් තත්වය උග්ර කරවන්නක්ද? – කොටස V appeared first on Colombo Telegraph.
- ණය ප්රතිව්යුහගතකරණය, ආර්ථික කප්පාදුව හා ජාත්යන්තර මූල්ය අරමුදල: සර්වරෝගනාශකයක්ද නැත්නම් තත්වය උග... (Category: Breaking News)
- ණය ප්රතිව්යුහගතකරණය, ආර්ථික කප්පාදුව හා ජාත්යන්තර මූල්ය අරමුදල: සර්වරෝගනාශකයක්ද නැත්නම් තත්වය උග... (Category: Breaking News)
- ණය ප්රතිව්යුහගතකරණය, ආර්ථික කප්පාදුව හා ජාත්යන්තර මූල්ය අරමුදල: සර්වරෝගනාශකයක්ද නැත්නම් තත්වය උග... (Category: Breaking News)
- ශ්රී ලංකාව – ජාතිය ගොඩනැගීම, බලය පැවරීම සහ 13 වැනි සංශෝධනය – කොටස II (Category: Breaking News)
[…]The post The Republic That Fears The Independence Of The Judiciary Even More Than Terrorism appeared first on Colombo Telegraph.
- The Proposed Anti-Terrorism Bill Amounts To A Parallel Constitution & A Criminal Procedure Code (Category: Breaking News)
- A Submission on the Making of a New Constitution (Category: Breaking News)
- A Submission on the Making of a New Constitution (Category: Breaking News)
- Declining Trust In A Legal System; Where The “Fence Is Eating The Crops”! (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe underscored the imperative to fortify the nation’s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.The post Sri Lanka risks returning
- Future generations must not be burdened with the challenging period that the nation has experien... (Category: Breaking News)
- BoI and Export Board of Sri Lanka fall short of targets (Category: Breaking News)
- President s New Year message (Category: Breaking News)
- In order for a country to develop economically, it must be open to the world – President Ranil W... (Category: Breaking News)
[…]The post Debterioration Of Nations Social Security & Protection appeared first on Colombo Telegraph.
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
- Failing Banks, French Turmoil & Sri Lanka’s Contraction & Confusion (Category: Breaking News)
- Sri Lanka’s Economic Crisis: Social Security In A Stake (Category: Breaking News)
[…]The post Speeding Up Recovery Requires Consistency appeared first on Colombo Telegraph.
- Preparing The Ground For Early Elections (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Preparing Or Posturing For Elections? (Category: Breaking News)
- Parliamentary Support Required For Effective Recovery (Category: Breaking News)
[…]The post The International Priority To Be Heeded appeared first on Colombo Telegraph.
- Resisting Elections Will Worsen Dissent (Category: Breaking News)
- Supreme Court Shows Democratic Route To Government (Category: Breaking News)
- Second Aragalaya In The Making (Category: Breaking News)
- A Coalition Of Power To Stay In Power Is Not What Country Needs (Category: Breaking News)
[…]The post Domestic Debt Restructuring: An Episode In Capital’s Attack On Working People appeared first on Colombo Telegraph.
- Involuntary & Inequitable DDO (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
- Governance issues, etc., will have to be sorted out to avert further debt restructuring: Verité ... (Category: Breaking News)
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
[…]The post Labour Reforms In A Time Of Great Crisis appeared first on Colombo Telegraph.
- Sri Lanka university lecturers want their issues resolved before admitting more students to univ... (Category: Breaking News)
- 10200 American scholarships on distant English learning for Univ. students. (Category: Breaking News)
- Seminar to be held to create awareness against leadership training programme for Sri Lankan univ... (Category: Breaking News)
- ACLU: Univ. of Wash. police spied on activists (Category: USA, Washington)
When the five days long stretch of holidays ended last week and the Colombo bourse reopened for trading on Tuesday, the market surged 6.71 percent (633.69 points up) on the broad All Share Price Index (ASPI) while the Standard and Poor SL 20 index covering the 20 largest and more liquid companies quoted on the […]
- Manning Market closed until further notice (Category: Breaking News)
- Stock market ends on a positive note (Category: Breaking News)
- Stock market closed for the day as S P SL20 falls (Category: Breaking News)
- Man killed in shooting incident at Manning Market (Category: Breaking News)
[…]The post Non-Recurrence Requires Accountability appeared first on Colombo Telegraph.
- Accountability needed to make debt restructuring more equitable (Category: Breaking News)
- System Change Happening In Wrong Direction (Category: Breaking News)
- The International Priority To Be Heeded (Category: Breaking News)
- End taxation on EPF earnings: Employers body (Category: Business)
by Jehan Perera President Ranil Wickremesinghe notched up another achievement when Parliament ratified the Domestic Debt Restructuring (DDR) programme with a majority of 60 votes, with 122 members voting for and 62 against, with 40 abstentions. Parliamentarians who would need to think about their re-election prospects would have been reluctant to vote for a programme […]
- Non-Recurrence Requires Accountability (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- Self-serving love (Category: Breaking News)
- Proposed Pension Scheme will not deny benefits (Category: Breaking News)
By N Sathiya Moorthy In his Hajj message last week, President Ranil Wickremesinghe called upon all Sri Lankans to remain ‘united in a common cause to achieve our domestic, regional and global goals’. Yet, a day later, his leadership was seen as having split the political Opposition over the domestic debt restructuring issue in Parliament, indicating […]
- ‘Presidential control over DDO undermines power of Parliament’ (Category: Breaking News)
- Opposition to vote against debt restructuring plan (Category: Breaking News)
- Whoever wields power under 22-A, will Mahinda continue to ‘rule’? (Category: Breaking News)
- Presidential Dilemma: Find Fuel Or Face Protests (Category: Breaking News)
By Shamindra Ferdinando Dissident SLPP MP Gevindu Cumaratunga has strongly opposed the government move to place the debt-restructuring programme under President Ranil Wickremesinghe’s control as the latter does not represent Parliament. Addressing Parliament on Saturday (01), the leader of civil society group ‘Yuthukama’ pointed out that the Resolution on the Domestic Debt Optimisation (DDO) was [...
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- Proposed domestic debt optimization strategy passed in Parliament (Category: Breaking News)
- SLPP dissidents ask govt. to bring back USD 35 bn ‘parked’ overseas (Category: Breaking News)
The Sri Lanka Parliament’s Committee on Public Finance (CoPF) has discussed the lack of consent of beneficiaries of the Employment Provident Fund on a planned domestic debt restructuring plan, its chair Harsha de Silva has said. “…#COPF meeting discussed the #DDO plan but concerns were raised about burden falling on superannuation funds esp #EPF without […]
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- EPF to participate in Treasury Bond exchange under DDO (Category: Breaking News)
- Interest paid on EPF deposits not affected by DDR process - CBSL governor (Category: Breaking News)
- Domestic debt restructuring: Harsha insists money belonging to EPF members must be safeguarded (Category: Breaking News)
Sri Lankan state can’t allow even a small bank to collapse because that will trigger a bank run with a devastating impact on the economy. Governor of the Central Bank of Sri Lanka CBSL) Dr. Nandalal Weerasinghe said, on Thursday night, taking part in a televised discussion. Dr. Weerasinghe
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- Governance issues, etc., will have to be sorted out to avert further debt restructuring: Verité ... (Category: Breaking News)
- SJB to present amendment to EPF act (Category: Breaking News)
- COPF discusses effect of domestic debt restructuring on EPF (Category: Breaking News)
Sri Lanka's banking system would not be burdened any further as it already contributes to the Treasury and economy through taxes of over 50%, the Central Bank Governor Dr. Nandalal Weerasinghe said.The post Sri Lanka’s Central Bank Governor explains debt restructuring process appeared
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka has no alternative other than IMF – CBSL chief (Category: Breaking News)
[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- To Be Realistic, There Are Only Two Options (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
Tuesday 2nd May, 2023 Another May Day has come and gone. The organisers of the International Workers’ Day celebrations, in this country, rarely mention the Haymarket Riot in Chicago (1886), and benefits that accrued therefrom to workers the world over, much less commemorate the brave workers who have laid down their lives in the US […]
- Where are workers? (Category: Breaking News)
- Unions in govt.’s crosshairs (Category: Breaking News)
- Minister emphasises importance of occupational safety (Category: Breaking News)
- It is crucial that we put the country first and not fall prey to narrow political interests at t... (Category: Breaking News)
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka virtually let down by China in securing a $2.9 billion IMF loan in December (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
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