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Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
[…]The post Fleas Dream Of Buying A New Dog appeared first on Colombo Telegraph.
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
Monday 6th May, 2024 Fear is being expressed in some quarters that the upcoming elections may bring the country under a pall of political uncertainty again, adversely impacting the ongoing economic recovery efforts in the event of a regime change and/or an unstable government. The SJB and the NPP have declared their intention to renegotiate […]
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
[…]The post The “Aragalaya“ Of 1848 appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
[…]The post May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence appeared first on Colombo Telegraph.
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
By N Sathiya Moorthy If there is one job that is more difficult than being the CEO of a global government, it is being the elected Executive President of Sri Lanka – or, any other democracy of disproportionate sizes. Notwithstanding what incumbent Ranil Wickremesinghe has since said about the future of Executive Presidency – conveniently, […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
As the Maldives braces itself for the crucial parliamentary election on April 21, 2024, the political landscape is marred by allegations of corruption, cronyism, and abuse of power, particularly within the Progressive National Congress (PNC) led by President Mohamed Muizzu. The unfolding scenario casts a dark shadow over the nation’s democratic fabric as citizens grapple […]
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe declared the government’s commitment to ensuring inclusivity in strengthening the country’s economy, prioritizing both economic growth and citizen welfare.The post Sri Lanka President initiates monthly rice distribution for low-income families appeared
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
[…]The post The Impact Of The Next Election On The Economic Reforms appeared first on Colombo Telegraph.
[…]The post How Long Can The People Be Fooled? appeared first on Colombo Telegraph.
[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.