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[…]The post 2024: A Year Of Historic Choice appeared first on Colombo Telegraph.
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
The strained balance sheets of the household and the corporate sectors in the backdrop of the severe economic crisis which resulted in an erosion of real income levels amid elevated price levels, hindered the debt repayment capacities of households and corporates, the Central Bank said in its Financial Stability Review for the Year 2023. Households […]
- Bimputh Finance heading for liquidation (Category: Breaking News)
- Central Bank responds to S&P’s assessment of Lankan banking system (Category: Business)
- ComBank receives licence to operate in Colombo Port City (Category: Breaking News)
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
[…]The post 2024: The Year Of South Asian Elections appeared first on Colombo Telegraph.
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
- Election Year Road Map For Constitutional Reforms (Category: Breaking News)
- Dhaka Goes Metro, Colombo Stuck On Tuk-Tuk (Category: Breaking News)
- Ranil As PM Till 2025, Opposition Disappears, No End In Sight For Queuing Trauma (Category: Breaking News)
Sri Lanka’s Central Bank Governor Dr. Nandala Weerasinghe has emphasized the importance of the continuity of the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF).The post Sri Lanka’s Central Bank Governor says IMF agreement must be continued under any Government appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s Central Bank lays out policies to restore price stability, macroeconomic strength (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framework document is expected to be formally launched in March 2024. Most economic forecasts place Sri Lanka on an average growth trajectory of 3% per […...
- Economic growth of 9.5% targeted by 2013. (Category: Breaking News)
- India aims for enhanced trilateral cooperation with Japan and Lanka (Category: Breaking News)
- Restructuring Power And Energy Sector Vital (Category: Business)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
Video: President invites all political parties to help stabilize economy and address ethnic issu...
- 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)
President Ranil Wickremesinghe says he will make a critical statement by March related to reconciliation. His statement will coincide with the annual sessions of the Human Rights Council in March. The President said that expression of opinions not related to terrorism or attempts to incite a revolution should be protected under the law and steps […]
- President to announce Government policy on 7th February (Category: Breaking News)
- President informs Cabinet on next round of ETCA talks (Category: Breaking News)
- President says Sri Lanka no longer bankrupt (Category: Breaking News)
- Sri Lanka requests to host IPL matches (Category: Breaking News)
In a significant announcement at the centenary celebration of Badulla Guruthalawa Muslim Central College this morning (27 Dec.), President Ranil Wickremesinghe highlighted two critical challenges facing the nation, building a stable economy and addressing the ethnic problem.
by Dr Upul Wijayawardhana Reading “From heyday to ‘hay day’”, the hard-hitting editorial laced with sarcasm (The Island, 18 December) and “Declining power and challenges before SLPP” by Shamindra Ferdinando in the Midweek Review of 20th December, I began wondering whether the recently concluded SLPP convention was the final flicker before the flame was extinguished […...
- Dons condemn suppression of Aragalaya movement (Category: Breaking News)
- SJB: JVP’s call for RW’s participation in proposed debate diversionary tactic (Category: Breaking News)
- SJB Leader wants action against not only Rambukwella but also 113 MPs who defeated no-faith motion (Category: Breaking News)
- Opposition calls SLPP bluff, challenges ruling party to defeat budget (Category: Breaking News)
Wednesday 27th December, 2023 Perhaps, nothing represents Sri Lankans’ resentment towards the new tax regime and the aggravation of their economic woes better than the title of today’s comment; it is a literal translation of a slogan written on the rear of a tuk-tuk. It however is relevant only to the ordinary people who pay […]
- CBSL Governor urges public to become informants to boost tax revenue (Category: Breaking News)
- Revenue collection exceeds target for first quarter by more than Rs. 45 billion (Category: Breaking News)
- Govt. MP slams Finance Ministry over gaping holes in tax collection system (Category: Breaking News)
- Smokers, drinkers hit by index linked taxes (Category: Breaking News)
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people. This […]
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- GMOA warns of impending crisis in health sector due to exodus of professionals (Category: Breaking News)
- More than 1000 docs migrated in 2022 (Category: Breaking News)
- CBSL Governor upbeat about being on right track, but urges govt. to do more to protect low-incom... (Category: Breaking News)
Tuesday 26th December, 2023 It never rains but it pours. As if the multiple crises, armed conflicts and the ill-effects of climate change troubling the world were not enough, there are disturbing reports of Covid-19 raising its head again in some countries. The World Health Organization (WHO) has warned of an increase in the cases […]
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- More virulent than Covid! (Category: Breaking News)
Wijeyadasa pushes for suspension of Parate executions: ‘Country paying heavy price for not having proper tax regime, favourable treatment to some’ By Shamindra Ferdinando Justice, Prisons Affairs and Constitutional Reforms Minister Dr. Wijeyadasa Rajapakse, PC, has assured the local business community, troubled by parate executions, that laws will be brought in to regulate the practice. The [̷...
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Amendment to Parate Law expected in future parliament session - Wijeyadasa (Category: Breaking News)
- Justice Minister: State outfits disregard parliamentary control over public finance (Category: Breaking News)
- Wijeyadasa: Presidential election will be held in 2024 (Category: Breaking News)
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
- NPP Deserves Fairness From Critics (Category: Breaking News)
- NPP & Bird Cage Economy (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
Banks exercise their legally-enshrined right to Parate Execution as a last resort and the overarching objective is the protection of depositors’ funds that have been lent to borrowers, the Sri Lanka Banks Association (SLBA) has said in a statement to the media. Responding to what it termed as lobbying by a group of defaulting borrowers […]
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- SLBA calls for government engagement to facilitate debt recovery process (Category: Breaking News)
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
[…]The post Acting IGP & Police Minister Have Woken Up From A Deep Sleep? appeared first on Colombo Telegraph.
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Curse Of JRJ Constitution Continues (Category: Breaking News)
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
- No room at the inn as Bethlehem celebrates Christmas (Category: Breaking News)
- Nativity Church in Bethlehem to bless President Rajapaksa (Category: Breaking News)
- A mass in Bethlehem to bless the President (Category: Breaking News)
- Coronavirus dampens Christmas joy in Bethlehem and elsewhere (Category: USA, South Dakota)
[…]The post Is True “System Change” In Sri Lanka Only A Fantasy? appeared first on Colombo Telegraph.
- True Meritocracy Not The Sham Of All Party Mediocracy (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
Japan is going through a “once in a generation” political crisis, analysts say, as the government fights to clean up its image in the face of a corruption scandal. Four cabinet ministers from the long-term ruling party have resigned in the past fortnight, as Prime Minister Fumio Kishida fights to hang on. His approval ratings […]
- COP28: UN climate talks in jeopardy in fossil fuel backlash (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
- Pakistan election: Final results give Khan-backed candidates lead (Category: Breaking News)
- Rohit Sharma: The Indian captain who lost cricket World Cup but won hearts (Category: Breaking News)
by Dr Upul Wijayawardhana Memories are short, unfortunately, or maybe fortunately! In most minds, the nightmare we went through with the Covid-19 pandemic is a distant memory. The hardships we went through and uncertainties we faced seem to be largely forgotten. After the 1918-1920 flu pandemic, commonly referred to by the misnomer, ‘Spanish flu’, which […]
- COVID vaccine phobia in lanka might be a serious problem in the next Pandemic (Category: Breaking News)
- COVID Fund wound up (Category: Breaking News)
- Four new COVID-related deaths confirmed (Category: Breaking News)
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
President Ranil Wickremesinghe announced today that the district decentralized budget for this year amounts to Rs. 11,250 million, marking a significant allocation after a hiatus of three years. The funds are slated to be disbursed to all district secretaries during the initial week of January. This declaration came during a discussion held at the Presidential […]
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
Former President and Sri Lanka Podujana Peramuna (SLPP) leader Mahinda Rajapaksa has slammed the tax policies of President and United National Party (UNP) leader Ranil Wickremesinghe. The SLPP is part of Ranil Wickremesinghe’s Government but is expected to contest separately at the next elections. Issuing a statement, Rajapaksa said that around 40 professional associations and […]
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- President orders Police protection for Israelis in Sri Lanka (Category: Breaking News)
- Ranil leading talks to form all-party Government (Category: Breaking News)
- President seeks Sajith’s support to address key issues (Category: Breaking News)
Former President of Sri Lanka, Mahinda Rajapaksa stated that tax policy will become a major political issue in 2024 after the VAT increase in the 2024 budget.The post Sri Lanka’s former President says Tax policy will become a major political issue in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
[…]The post Reducing The Tax Burden appeared first on Colombo Telegraph.
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Sri Lanka is facing a major crisis with its healthcare system as more than 1,500 doctors and specialists have left the country for overseas jobs in the last year.The post Sri Lanka’s healthcare system faces a major crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan soldiers sent to key hospitals as health workers strike (Category: Breaking News)
- World Bank provides loan to strengthen healthcare in Sri Lanka (Category: Breaking News)
- Human rights compliant recovery measures critical to stop spiraling hunger, poverty in Sri Lanka... (Category: Breaking News)
- Over 5,000 Sri Lankan doctors to leave the country? (Category: Breaking News)
In actual fact the foundation for the current economic chaos was laid under the Yahapalana rule when they borrowed as much as USD 12 billion from the international bond market, at high interest rates, with them not even undertaking any developmental works, like the Rajapaksas, or, for that matter, any worthwhile economic activity. We certainly […]
- Readying for the big fight (Category: Breaking News)
- Talks underway with dissident SLPPers: Chief Opp. Whip (Category: Breaking News)
- Ranil – A Man With A Soul So Dead (Category: Breaking News)
- SJB asks Mahinda why he protects Ranil if SLPP plans to go it alone at next election (Category: Breaking News)
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Champika Ranawaka’s Journey To Presidency: Forging His Own Path appeared first on Colombo Telegraph.
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- Measures to rein in errant liquor companies proposed (Category: Breaking News)
- Champika Ranawaka’s Transformative Message: Lessons For National Unity & Global Politics (Category: Breaking News)
- Corrupt elements use Parliament, Finance Ministry to evade taxes (Category: Breaking News)
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