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The National Bureau of Statistics of the Communist Party of China recently released a series of economic data however there is still no data on the youth unemployment rate which is said to be intentional due to the current situation. Currently unemployment among Chinese youth is widespread to maintain stability and avoid risks from domestic […]
- AFTER PEOPLE’S ANTI-COVID ANGER, LAYOFFS CHALLENGE XI JINPING (Category: Breaking News)
- Reflections on the global economic landscape (Category: Business)
- China urban tide to grow by 100 million in 10 years: Report (Category: Business)
- Will rising joblessness and mounting local govt debts stunt China’s 2035 ambition? (Category: Breaking News)
Haiti’s Prime Minister Ariel Henry has agreed to resign, the chair of the Caribbean group of countries has said, following weeks of mounting pressure and increasing violence in the country. It comes after regional leaders met in Jamaica on Monday to discuss a political transition in Haiti. Mr Henry is currently stranded in Puerto Rico […]
- Namibia’s president Hage Geingob dies aged 82 (Category: Breaking News)
- Russia confirms damage to warship in Black Sea (Category: Breaking News)
- Pakistan holds election tainted by rigging claims (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
Tuesday 12th March, 2024 Dirty, divisive politics does not spare anything in this country. Even religious institutions are divided along party lines, and some of them are at daggers drawn. Politics has torn many families asunder. Politicians are driven by expediency, and never do the government and the Opposition close ranks for the sake of […]
- Sri Lanka s economy contracted 7.8% in 2022 - report (Category: Breaking News)
- Bishops urge relief package for poor (Category: Breaking News)
- ‘Ranil knows what to do’ (Category: Breaking News)
- ‘Effective management of climate vulnerability jeopardized by political instability’ (Category: Breaking News)
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period
- Crashing economies and the South’s narrowing foreign policy options (Category: Breaking News)
- Need for new economic policy for poor countries (Category: Breaking News)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Pitfalls of export-led growth (Category: Breaking News)
[…]The post The Menace Of Political Nepotism: Sri Lanka’s Downfall appeared first on Colombo Telegraph.
- Shocking Incident Involving Mormon Leader’s Assault Of Sri Lankan Father Leads To Charges & Cour... (Category: Breaking News)
- Urgent Call For Action: Sri Lanka Must Enact The Long-Awaited Animal Welfare Bill (Category: Breaking News)
- The Economic Setbacks Of Yahapālanaya Government (Category: Breaking News)
- House Of Fashions, House Of Chaos & Out Of Fashion (Category: Breaking News)
[…]The post Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! appeared first on Colombo Telegraph.
- Irony Of The Downfall Of Rajapaksas; Lessons & Opportunities! (Category: Breaking News)
- Political Hawks Can Hijack The Post-Aragala Agenda! (Category: Breaking News)
- From “Gota’s War” To War Against Gota; Aragalaya’s Historic Strike! (Category: Breaking News)
- Don’t Shoot The Messenger: Commissions, An “Open Sesame” (Category: Breaking News)
The United States says it continues to monitor legislative developments in Sri Lanka that could challenge its progress on human rights, reconciliation, and civic space. The US Ambassador to Sri Lanka, Julie Chung said that the recent Core Group joint statement from the 55th session of the UN Human Rights Council (UNHRC), and statements made […]
- US tells Sri Lanka to protect freedom of expression (Category: Breaking News)
- US envoy disappointed with lies in Wimal’s book (Category: Breaking News)
- US calls on Sri Lanka to conclude debt restructuring agreements (Category: Breaking News)
- Chinese Embassy in Sri Lanka slams US envoy (Category: Breaking News)
… asks House to rectify fundamental blunder by Shamindra Ferdinando Lawmaker Gevindu Cumaratunga, on behalf of the Uththara Lanka Sabhagaya (ULS), has requested the Chairman of the Committee on Public Finance (CoPF) Dr. Harsha De Silva to propose fundamental change to the Central Bank of Sri Lanka Act (No 16 of 2023) by including Secretary to the Finance Ministry/Treasury […]
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- Parliament urged to incorporate amendments into Central Bank Bill in keeping with promise to SC (Category: Breaking News)
- MPs call for abolition of collective agreement (Category: Breaking News)
- Opposition alleges bid to mislead House (Category: Breaking News)
In recent years, Maldives has witnessed a creeping shadow of Chinese influence, casting doubt on the sovereignty and autonomy of this island nation. The recent signing of a defense cooperation agreement between China and the Maldives on 4th March serves as a stark reminder of the dangerous path the Maldives treads, as it inches closer […]
- China and India’s Engagement with the Maldives: “Rich Imperialism” vs “Poor Imperialism” (Category: Breaking News)
- Maldives’ Economic Downfall Under President Muizzu’s Choices (Category: Breaking News)
- Maldives In Murky Waters: Chinese Debt Challenges For Economic Stability (Category: Breaking News)
- India seeks strategic partnership with Sri Lanka in maritime surveillance system expansion (Category: Breaking News)
[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
[…]The post Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. Anil Baddevithana appeared first on Colombo Telegraph.
- Parate execution is the last resort to protect depositors’ funds – SLBA (Category: Breaking News)
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- Lending In A Recession: Banks Should Do Venture Capital Financing For Startups (Category: Breaking News)
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
[…]The post Time For Truth Telling appeared first on Colombo Telegraph.
- Cockiness; What Price? (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- Opinion Vs Truth (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post Ancient Values Influence Behaviour Centuries Later appeared first on Colombo Telegraph.
- Bloodbath In The Politburo (Category: Breaking News)
- Yoruba People & Culture (Category: Breaking News)
- Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean (Category: Breaking News)
- Priceless Stolen Property (Category: Breaking News)
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part IV appeared first on Colombo Telegraph.
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
China’s manufacturing activity declined for the fifth consecutive month in February, with the fall attributed to disruptions surrounding the Lunar New Year holiday, but analysts anticipate a moderate pickup in the months ahead despite structural frailties still looming large. The official manufacturing purchasing managers’ index (PMI) fell to 49.1 in February from 49.2 a month […]
- Seasonal demand helps boost manufacturing to three-year high (Category: Breaking News)
- Asian shares rise as China data soothes, caution caps (Category: Business)
- Manufacturing and Services PMIs rise in December 2023 (Category: Breaking News)
- China factory activity shrinks for 5th month : HSBC flash PMI (Category: Business)
by Rajan Philips The economy is the base; everything else is superstructure. That is the old Marxian concept, simply put. The base ultimately determines what goes on in the superstructure, which includes among other things the state and its institutions, as well as their processes and functions
- Is Trump Likely To Be The Next American President? (Category: Breaking News)
- Trump Checks-Out Of His Job (Category: Breaking News)
- Trump Checks-Out Of His Job (Category: Breaking News)
- Trump Checks-Out Of His Job (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 The Steps To Achieve Justice In Sri Lanka appeared first on Colombo Telegraph.
- Transitional Justice In Sri Lanka: Accomplishments & Challenges In The Post-Civil War (Category: Breaking News)
- Abuses Undercut Proposed ‘Truth Commission’ – Human Rights Watch (Category: Breaking News)
- Too polarized to reconcile? The struggle for transitional justice in Sri Lanka (Category: Breaking News)
- Too polarized to reconcile? The struggle for transitional justice in Sri Lanka (Category: Breaking News)
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry yesterday (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the program’s impl...
- IMF program is exhibiting promising signs of efficacy – IMF Mission Chief for Sri Lanka (Category: Breaking News)
- IMF programme in SL showing signs of working – Breuer (Category: Breaking News)
- IMF hopes for Sri Lanka political crisis resolution to resume deal talks (Category: Breaking News)
- President reiterates govt s commitment to sustaining momentum and advancing economic agenda (Category: Breaking News)
[…]The post The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises appeared first on Colombo Telegraph.
- Gender Equality, Empowerment Of Women & The JVP (Category: Breaking News)
- Gender Equality & Empowerment Of Women & The JVP; Lessons From The JVP’s Evolution (Category: Breaking News)
- Gender Equality, Empowerment Of Women & The JVP: Capitalism & Empowerment Of Women (Category: Breaking News)
- Requirement/Demands Of Women On International Women’s Day (Category: Breaking News)
Aragalaya activist Wasantha Mudalige insisted that it was the people who sent former President Gotabaya Rajapaksa home and denied claims of a conspiracy. Mudalige, who played an active role during the Aragalaya said that there was no foreign conspiracy behind Rajapaksa being forced out of power. The activist said the people had a spine to […]
- Wasantha Mudalige arrested (Category: Breaking News)
- Wasantha Mudalige and 61 others granted bail (Category: Breaking News)
- Petition challenging Mudalige’s detention to be heard next month (Category: Breaking News)
- Wasantha Mudalige ordered to be remanded further (Category: Breaking News)
IMF programme in Sri Lanka was showing signs of “working” and it was translating into real outcomes, Peter Breuer, IMF’s Senior Mission Chief for Sri Lanka said during a meeting with President Ranil Wickremesinghe at the Finance Ministry on Thursday (07), President’s Media Division (PMD) announced. Breuer said that positive outcome was thanks to Sri […]
- On Track (Category: Business)
- Sri Lanka’s debt restructuring likely to be complete by September – IMF (Category: Breaking News)
- Stay on course and don’t go back to the past – Dr Indrajit Coomaraswamy (Category: Breaking News)
- Monetary Reserves (Category: Business)
It’s about to get easier for some foreign travelers to visit China, with the government announcing plans to extend its visa exemption policy to six additional European countries. The exemption will take effect on March 14, Chinese Foreign Minister Wang Yi announced on Thursday during a press conference on the sidelines of the National People’s […]
- Premature to talk about an exemption for Sri Lanka to buy oil from Iran – USA (Category: Breaking News)
- Olympian exemption (Category: USA, Illinois)
- Sri Lanka may extend visa exemption for Indian travellers after March (Category: Breaking News)
- Officials get visa exemption to Chile (Category: Breaking News)
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry today (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the […]
- Foreign envoys assure support for Sri Lanka to recover from economic crisis (Category: Breaking News)
- IMF MD Kristalina Georgieva Commends Sri Lanka’s Economic Progress in Meeting with President Wic... (Category: Breaking News)
- IMF Chief meets President Ranil, commends Sri Lanka s economic reform efforts (Category: Breaking News)
- Road map for country by February next year - President (Category: Breaking News)
The Nelum Pokuna Theater in Colombo hosted the launching ceremony of the “Press Vs. Prez” book today (07), with President Ranil Wickremesinghe presiding over the event. Addressing the gathering President Ranil Wickremesinghe further commented: “It must be noted that this collection of cartoons is in line with a longstanding tradition. I recall visiting former President […]
- I'm not scared to face jokes and cartoons publish against me: President Rajapaksa (Category: Breaking News)
- BOOK “SERADA MAHINDA” HANDED OVER TO PRESIDENT (Category: Breaking News)
- For The Missing (Category: Breaking News)
- “Press Vs. Prez” will be launched on 07th March (Category: Breaking News)
Video: #IMF තුන්වැනි වාරිකයේ ලැබෙන මුදල මෙන්න #economy #economiccrisis #srilankanews
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
The second review of the International Monetary Fund (IMF)-Supported Program for Sri Lanka began, Thursday. State Minister of Finance Shehan Semasinghe said that the IMF 2nd review commenced with an opening meeting with President Ranil Wickremesinghe. “This marks an important milestone in our ongoing efforts to enhance stability and economic growth,” the State Minister said. […]
- IMF tells NPP it was unaware of all-party meeting (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- Private creditors threaten to block next IMF tranche to Sri Lanka (Category: Breaking News)
- IMF Executive Board approves bailout package for Sri Lanka (Category: Breaking News)
Nikki Haley is dropping out of the 2024 presidential race after winning just two Republican primaries. “The time has now come to suspend my campaign,” she said at a news conference on Wednesday morning. Her departure will leave her rival Donald Trump as the only Republican left after he dominated Super Tuesday, racking up a […]
- Trump moves closer to Republican nomination with string of victories (Category: Breaking News)
- Donald Trump ordered to pay $83.3m for defaming E Jean Carroll (Category: Breaking News)
- Trump likely to be arrested and charged over hush money (Category: Breaking News)
- Trump liable for fraud, judge finds in New York civil case (Category: Breaking News)
The International Monetary Fund (IMF) will start its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with a meeting with President Ranil Wickremesinghe.The post IMF begins second review of Sri Lanka’s bailout package today appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
- IMF team arrives in Sri Lanka to evaluate economic reforms (Category: Breaking News)
By Saman Indrajith President Ranil Wickremesinghe yesterday told Parliament that the government was planning to exempt items such as books, school equipment, health equipment, and medicine from VAT. Making a special statement in the House, the President said: “By 2022, the country was slated to repay approximately US$6 billion in foreign debt annually, amounting to […]
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- G20 advocate swift resolution of Sri Lanka’s debt situation and strengthen global debt collabora... (Category: Breaking News)
- Siyambalapitiya alleges move to trigger run on banks (Category: Breaking News)
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