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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. […]
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 […]
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.
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 […]
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News
Former President Gotabaya Rajapaksa announced the release of a book titled “The conspiracy to oust me from the Presidency”. He said the book reveals the political campaign to oust him from the presidency. “I wish to announce the publication of my book titled “The conspiracy to oust me from the Presidency”. Foreign intervention has weighed heavily […]
Sri Lanka has sought temporary relief from debt defaults from 2023 till 2027, President Ranil Wickremesinghe told Parliament, Wednesday. He said that Sri Lanka plans to diligently work towards repaying the loans in the period from 2027 to 2042. “Sri Lanka faces a significant burden of debt. By 2022, the country was slated to repay […]
President Ranil Wickramasinghe said that the country's economy is getting stronger due to the program carried out by the government, and accordingly, more relief will be given to the people in the future.
Reaffirming its customer-centric focus, the Truly Sri Lankan Bank, Pan Asia Bank, has forged a strategic partnership with AIA Insurance Lanka, to provide comprehensive insurance solutions – including protection, health and investment solutions – that meet the changing needs of the Bank’s valued consumers. Expressing his enthusiasm about the new partnership, Naleen Edirisinghe, CEO of [...
India presented a new perspective to conceptualise its relationship with the West. The perspective is based on emphasizing its distinctions from BRICS co-founders China and Russia. The new approach came through by way of a response to a query, during the recently concluded 60th Munich Security Conference, about India’s freedom to choose between multiple partners […]
Sri Lankan President Ranil Wickremesinghe revealed that over the past 14 months, the Parliament has enacted 42 new laws to facilitate the country’s economic transformation.The post Sri Lanka President says 42 new laws enacted for economic transformation, 62 laws due for enactment appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Pakistan must navigate challenges in the finance sector by diversifying its economic alliances, reducing dependence on singular partners, and negotiating funding arrangements that align with its long-term developmental objectives. The road ahead demands astute diplomatic manoeuvring, a commitment to economic resilience, and a proactive approach to curb corruption and inefficiencies of the Pakistan...
The spiritual leader of the Dawoodi Bohras, His Holiness Dr. Syedna Mufaddal Saifuddin Saheb, appreciated the efforts taken by President Ranil Wickremesinghe to boost Sri Lanka’s economy. A significant meeting took place between the spiritual leader of the Dawoodi Bohras and President Ranil
‘New laws needed to rein them in’ By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, said that contrary to the Constitution, the Parliament didn’t exercise full control over public finance.The former President of the Bar Association said a new law was required to subject all state enterprises to parliamentary control to prevent further deterioration […]
[…]The post Ronnie De Mel: A True Democrat & An Economics Philosopher To The End appeared first on Colombo Telegraph.
[…]The post Getting Ready For Presidential Election appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe has directed relevant officials to develop a national program integrating public and private sectors for successful agriculture modernization initiatives.The post Sri Lankan President calls for grass-root level national program to modernize agriculture appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part III appeared first on Colombo Telegraph.
Pakistani legislators have elected Shehbaz Shariff as the country’s prime minister for a second term following a controversial election last month. The South Asian country voted on February 8 in a vote marred by allegations of large-scale rigging and delayed results. On Sunday, the National Assembly, as the lower house of parliament is called, met […]
The UN High Commissioner for Human Rights, Volker Türk has urged the Sri Lankan government to implement credible accountability measures, investigating and prosecuting both past and present human rights violations and economic crimes.The post UN rights chief raises concerns over Sri Lanka’s proposed laws appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
President Ranil Wickremesinghe never tires of appealing to the opposition to support the government’s efforts to revive the economy shattered by the Covid pandemic followed by the aragalaya in 2022. Yet he continues to ride roughshod over the opposition most of the time and expects the cooperation
President Ranil Wickremesinghe who attend the funeral of former finance minister Ronnie de Mel, highlighting Mr. de Mel’s prowess as a skilled politician and an excellent economic expert. The president emphasized that this experience has become a cornerstone for his political endeavours today. Delivering his funeral oration, President Wickremesinghe said: “I believe that without Mr. […...
The United Nations (UN) has called for targeted measures against credibly-alleged perpetrators of serious human rights violations and abuses in Sri Lanka. UN High Commissioner for Human Rights, Volker Türk, in an oral update on Sri Lanka at the UN Human Rights Council in Geneva, said that two years ago, tens of thousands of Sri […]
Saturday 2nd March, 2024 Former President Maithripala Sirisena’s plan to occupy his Paget Road official residence as part of his retirement package has gone awry. The Supreme Court (SC), on Friday, ruled that a Cabinet decision made on 15 Oct., 2019, to allow the then President Sirisena to continue to occupy the aforesaid official residence […]
President Ranil Wickremesinghe said on Thursday (29) that Sri Lanka has been committed to safeguarding world peace and regional stability, and that he is ready to make decisive decisions for global peace. President Ranil Wickremesinghe made this statement at the Sri Lanka Air Force Cadet Officers Commissioning Ceremony held at the Air Force Base China […]
[…]The post NPP & Bird Cage Economy appeared first on Colombo Telegraph.
United Nations Population Fund (UNFPA) Asia Pacific Regional Director Pio Smith called on Prime Minister Dinesh Gunawardena at the Temple on Thursday (February 29).The post UNFPA to assist Sri Lanka in modernizing statistical system for transition to digital economy appeared first on ONLANKA - Sri
Sri Lanka is set to introduce the National Cyber Security Act this year, which will be followed by the establishment of the Cyber Security Authority.The post Sri Lanka to introduce National Cyber Security Act, establish Cyber Security Authority appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
India s economy grew at its fastest pace in one-and-half years in the final three months of 2023, led by strong manufacturing and construction activity and bolstering Prime Minister Narendra Modi s economic record just months before a national election.