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Wednesday 5th April, 2023 There have been substantial reductions in fuel prices, and they will go a long way towards tackling inflation. The economy is said to be showing some signs of recovery, but more trouble is apparently brewing for the hapless Sri Lankans, who are struggling to keep the wolf
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- Inland Revenue and Appropriation Acts to be amended in line with debt restructuring (Category: Breaking News)
Sri Lanka Government has increased the existing fuel quota under the QR code system for the Sinhala and Tamil New Year festive season with effect from midnight today (April 04).The post Sri Lanka increases fuel quota for vehicles with effect from midnight today (April 04) appeared first on Sri
- Sri Lanka decides to keep the increased fuel quota unchanged (Category: Breaking News)
- Weekly fuel quota for all types of vehicles increased (Category: Breaking News)
- Fuel quota to be increased from Tuesday (Category: Breaking News)
- Sri Lanka revises fuel prices from November 30, 2023 (Category: Breaking News)
[…]The post Preoccupation With Repression Will Be Counter-Productive appeared first on Colombo Telegraph.
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
- Don’t Disregard The Less Privileged (Category: Breaking News)
- Hoping Against Hope In The New Year (Category: Breaking News)
- Change Flight From Stability With Stagnancy (Category: Breaking News)
By Jehan Perera President Ranil Wickremesinghe’s stock is rising high in the higher echelons of society where there is virtual unanimity that the president’s handling of the economic crisis has been masterful. The President’s achievement is seen in his restoration of order out of the chaos of the Aragalaya period and by getting the IMF […]
- JVP Leader punches plenty of holes in govt. (Category: Breaking News)
- President promises five percent economic growth in 2026/27 under current economic policies (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Sri Lanka’s book publishing industry faces crisis as 18% VAT sparks job losses and closures (Category: Breaking News)
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Direct employment opportunities for Sri Lankan skilled migrant workers in Russia (Category: Breaking News)
- Direct Flights to Moscow (Category: Breaking News)
(Washington, DC) – The government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability, Human Rights Watch said on Thursady. On March 20, 2023, the International Monetary Fund (IMF) approved a US$3 billion loan to Sri Lanka to help resolve […]
- Human Rights Watch fears IMF loan could erode rights in Sri Lanka (Category: Breaking News)
- CBSL Governor urges public to become informants to boost tax revenue (Category: Breaking News)
- Tax payers look to tighten belts further or migrate as progressive taxes bite (Category: Breaking News)
- IMF Loan Risks Eroding Rights; Sri Lanka Should Ensure Fair Taxes, Accountability For Corruption... (Category: Breaking News)
After the International Monetary Fund (IMF) approved a 48-month extended arrangement under the Extended Fund Facility of USD 3 billion to support Sri Lanka’s economic policies and reforms, there are talks that the deal between President Ranil Wickremesinghe and IMF may make room for pro-China forces to raise their head in the island nation, reported […]
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
- IMF programme in SL showing signs of working – Breuer (Category: Breaking News)
- India’s response to debt restructuring request expected by Jan end: SL (Category: Breaking News)
- PM begins talks with visiting IMF team in Sri Lanka (Category: Breaking News)
On March 30, Nalin Fernando, Minister of Trade, Commerce and Food Security in Colombo was presented the new Electronic Certificate of Origin (eCoO) system by the International Trade Centre (ITC) team, led by Ms. Raghad Altalli, Programme Manager and Trade Facilitation Advisor. The new eCoO system, implemented by the Department of Commerce (DoC), is a […]
- Thai Prime Minister Srettha Thavisin to visit Sri Lanka (Category: Breaking News)
- Parliament facing shortage of eggs (Category: Breaking News)
- Thailand and Sri Lanka complete 4th round of FTA talks (Category: Breaking News)
- It has been possible to control the rise in the price of essential food items - Minister of Tra... (Category: Breaking News)
France and Sri Lanka today signed a 300,000 EUR grant agreement supporting improved monitoring and reporting of air quality in Sri Lanka. The agreement was signed between the country director of the French Development Agency (AFD) M. Reda SOUIRGI and Dr. Anil Jasinghe, Secretary to the Ministry of Environment in Sri Lanka in presence of […]
- Sri Lanka s air quality reaches unhealthy level (Category: Breaking News)
- Air quality in Sri Lanka improves (Category: Breaking News)
- US, Australia gave Sri Lanka Air Force, Navy fuel during shortage (Category: Breaking News)
- Environmental Authority of Sri Lanka to monitor air quality to control air pollution (Category: Breaking News)
Human Rights Watch (HRW) fears the International Monetary Fund (IMF) loan granted to Sri Lanka could erode rights in the country. The global human rights group said that the Government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability. On […]
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
- Rights group accuses Sri Lanka of cracking down on dissent (Category: Breaking News)
- Ranil urged to end use of counter terror laws on protesters (Category: Breaking News)
- Ongoing abuses undermining proposed TRC goals in Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe said that it is crucial for students in the country to have comprehensive knowledge of modern technology and continually update themselves with the latest advancements to prepare for the future.The post Students should be equipped with modern technology to take over the country by 2048 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA New...
- Students should be equipped with modern technology to take over the country by 2048 – President (Category: Breaking News)
- Sri Lanka President says No one will be allowed to directly or indirectly disrupt education system (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
An open letter to President Ranil Wickremesinghe Recent articles in the local press have publicised the government plans for introduction of nuclear power plants to Sri Lanka with Russian support. A similar decision was taken way back in 2010, by the then President to bring nuclear power plants to Sri Lanka from South Korea. At […]
- Sri Lanka Gearing To Go Nuclear By 2025 (Category: Breaking News)
- Russian Ambassador encourages Sri Lanka to consider nuclear energy collaboration (Category: Breaking News)
- Sri Lanka approves nuclear power plant construction with Russia as top contender (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
[…]The post IMF Loan Risks Eroding Rights; Sri Lanka Should Ensure Fair Taxes, Accountability For Corruption: HRW appeared first on Colombo Telegraph.
- Sri Lankan Govt. Should Withdraw Draft ‘Rehabilitation’ Law: Human Rights Watch (Category: Breaking News)
- Rights Groups Urge Strong UN Resolution On Sri Lanka: UNHRC Should Enhance Mandates, Address Gro... (Category: Breaking News)
- Reject New Counterterrorism Bill: Proposed Law Breaks Government Pledge To End Abuse – HRW (Category: Breaking News)
- Rights groups urge strong UN resolution on Sri Lanka (Category: Breaking News)
Fuel prices in Sri Lanka will be reduced from midnight today (March 29).The post Fuel prices reduced in Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka revises fuel prices from March 05, 2024 (Category: Breaking News)
- Fuel prices reduced in Sri Lanka (Category: Breaking News)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
- Fuel prices revised in Sri Lanka (Category: Breaking News)
Sri Lanka's Cabinet has given the green light to award licences to China’s Sinopec, Australia’s United Petroleum and RM Parks of the USA, in collaboration with multinational oil and gas company - Shell plc to enter the Fuel Retail market in Sri Lanka.The post Cabinet approval granted for 03 foreign
- RM Parks signs $110 million petroleum agreement with Sri Lanka (Category: Breaking News)
- Cabinet nod for fuel distribution by three foreign companies (Category: Breaking News)
- Cabinet approval for 03 foreign firms to enter fuel retail market in Sri Lanka (Category: Breaking News)
- It’s alright for new foreign fuel retailers to undercut CPC in pricing productsBy Rathindra Kuru... (Category: Breaking News)
[…]The post From Demand For Systems Change To Systems Break appeared first on Colombo Telegraph.
- System Change Happening In Wrong Direction (Category: Breaking News)
- Moral Justification For Protests To Continue (Category: Breaking News)
- Change Flight From Stability With Stagnancy (Category: Breaking News)
- Weaponising Of The Law (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka to establish International Trade Office to deal with International Trade Negotiations (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
[…]The post Still On The Rotten Bridge appeared first on Colombo Telegraph.
- Taxing Times (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
[…]The post IMF Deal Is Not A Solution – Restart Decisive Struggle Against Government Attacks! appeared first on Colombo Telegraph.
- The Aragalaya & The Wijeweera Legacy: How The Lankan Left Could Win (Category: Breaking News)
- Janatha Aragalaya: The People’s Struggle In Sri Lanka (Category: Breaking News)
- President Should Be Responsible! (Category: Breaking News)
- The Left, The Nationalist Right & Industrialisation As Policy (Category: Breaking News)
The International Monetary Fund (IMF) bailout will help bring Sri Lanka’s depleted foreign exchange reserve to pre-crisis levels in four years, said the country’s central bank governor.The post With IMF bailout, Sri Lanka will have healthy dollar reserves in 4 years – Central Bank Governor appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April – Central Bank Governor (Category: Breaking News)
- Sri Lanka’s inflation expected to significantly cool in the coming months – CBSL Governor (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
Five Sri Lankan Tamil asylum seekers who attempted suicide on the British-held Indian Ocean island of Diego Garcia have been sent to Rwanda for medical treatment, The New Humanitarian has learned. The news follows a recent backlash against the British government’s immigration deterrence policies and a scandal that involved 200 unaccompanied minors who went missing […]
- UK to send Sri Lankan asylum seekers to Rwanda for medical treatment (Category: Breaking News)
- UK grants ‘third country’ asylum for two Sri Lankans following suicide attempts (Category: Breaking News)
- Britain to send Sri Lankan asylum seekers to Rwanda for medical treatment (Category: Breaking News)
- Tamil refugees on Diego Garcia win fight against forcible return to Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe urged the Opposition to unite and disregard political differences to assist in carrying out the agreement with the International Monetary Fund (IMF). The President emphasized that his duty is not to condemn previous administrations but to concentrate on the development of the country. He also declared his dedication to constructing a better […]
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President Ranil Wickremesinghe’s Special Statement – Full Text (Category: Breaking News)
- Government to consider restructuring domestic debt (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe said today (March 22) the salaries and pensions of public servants will be revised in the future, in line with the inflation rates.The post Pensions and salaries of Government Employees in Sri Lanka to be revised appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka Government to delay salaries of executive-grade staff (Category: Breaking News)
- Sri Lanka’s government employees to protest demanding Rs. 20,000 salary hike (Category: Breaking News)
- Special announcement on public sector salary payments for January (Category: Breaking News)
- Sri Lanka Government in financial crisis: Government employees’ salaries to be delayed? (Category: Breaking News)
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said yesterday (March 20) on the eve of a desperately needed US $ 2.9 billion International Monetary Fund (IMF) bailout.The post Sri Lanka seeks 10-year debt moratorium appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Paris Club proposing a 10-year moratorium on Sri Lanka’s debt – Report (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- Sri Lanka to secure likely 6-year moratorium on debt owed to India, Paris Club (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package (Category: Breaking News)
Significant human rights abuses were recorded in Sri Lanka in 2022, the US State Department said in its annual Country Reports on Human Rights Practices released by US Secretary of State Antony J. Blinken. The 2022 Country Reports on Human Rights Practices noted there were reports that members of the security forces, primarily police, committed […]
- Blinken speaks to Ranil on economic and political challenges (Category: Breaking News)
- Hundreds of Indians attend Katchatheevu festival (Category: Breaking News)
- Antony Blinken to have talks with Sri Lanka’s Foreign Minister (Category: Breaking News)
- Canadian PM remembers Tamil victims of Sri Lanka’s war (Category: Breaking News)
India says under its ‘Neighbourhood First’ policy it has always come forward to help debt-ridden Sri Lanka, and in the latest instance New Delhi has distributed rations in Kalmunai. Taking to Twitter, the High Commission of India in Colombo said, “Support by @IndiainSL to needy sections continues!! Glimpses of ration distribution in Kalmunai.” The cash-strapped […]
- Government to unveil domestic debt restructuring strategy this week (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- US Treasury Secretary speaks to Ranil on IMF deal (Category: Breaking News)
- Haircut for holders of Sri Lanka’s international sovereign bonds (Category: Breaking News)
Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.The post Sri Lanka’s Economy suffers worst contraction in 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s economy shrinks 11.8% in second-worst performance (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka’s economy returns to growth, led by agriculture (Category: Breaking News)
- Sri Lanka budget to seek recovery for crisis-hit economy (Category: Breaking News)
[…]The post Role Of Professionals In Achieving Our Economic Recovery appeared first on Colombo Telegraph.
- Economic Realities & Political Promises (Category: Breaking News)
- Middle class Sri Lankans forced to migrate due to proposed new income tax policy? (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- Doctors’ Brain Drain: Health Security Concern In Sri Lanka (Category: Breaking News)
[…]The post Cockiness; What Price? appeared first on Colombo Telegraph.
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- Time For Truth Telling (Category: Breaking News)
- On Whose Side Is God? (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets like Argentina and Montenegro.The post Sri Lanka needs institutional changes for long-term debt sustainability, expert says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka needs institutional changes for long-term debt sustainability, expert says (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
- Fitch Ratings calls for political stability in Sri Lanka (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
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