@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
2856 results found in 2453 ms
Page 4 of 96
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
In the sun-kissed paradise of the Maldives, where azure waters meet golden shores, a cloud of uncertainty looms over the political landscape. President Mohamed Muizzu, once hailed as a beacon of hope for the nation’s future, now finds himself navigating treacherous waters, buffeted by the winds of discontent and economic strain. The recent opening session […]
[…]The post Books & Elections: President Gotabaya Rajapaksa’s Claim Of Foreign Conspiracy appeared first on Colombo Telegraph.
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed to avert a sovereign default. “The IMF team has reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan’s stabilisation programme,” the IMF […]
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
Friday 15th March, 2024 The JVP turned down President Ranil Wickremesinghe’s invitation to a meeting with the IMF, but some of its senior members met a visiting IMF delegation yesterday in Colombo perhaps as part of its strategy to gain political mileage. Whoever would have thought, a decade or so ago, that the JVP leaders […]
Sri Lanka: Repression of Civic Space Threatens Financial Reform The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s programme in the country, Human Rights Watch said in a letter to the IMF that was released on Tuesday (12). The proposed […]
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch (HRW) said in a letter to the IMF that was released on Tuesday (March 12).The post Human Rights Watch urges IMF to oppose laws restricting freedom in Sri Lanka appeared first on ONLANKA - ...
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch said in a letter to the IMF that was released, Wednesday. The proposed Non-Governmental Organizations (Registration and Supervision) Act is among several recent and […]
[…]The post IMF Should Oppose Restrictions On Freedom of Expression & Civil Society Groups: HRW appeared first on Colombo Telegraph.
By N Sathiya Moorthy The most disconcerting aspect of former President Gotabaya Rajapaksa’s book, ‘The Conspiracy to Oust Me’, released recently, is not about what the book says or does not say. Instead, it is about the absence of a formal book-launch function, like the one, his chosen Defence Secretary, Gen. Kamal Gunaratne, had organised […]
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 of extreme hardship caused by […]
[…]The post Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! appeared first on Colombo Telegraph.
[…]The post Playing The Fiddle While The Country Burns! appeared first on Colombo Telegraph.
[…]The post The Steps To Achieve Justice In Sri Lanka appeared first on Colombo Telegraph.
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 […]
By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]
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 and Top Stories.
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 […]
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 financial performance of the Ceylon Electricity Board (CEB) is largely positive as it ended the financial year 2023 with a massive profit.The post Ceylon Electricity Board ends financial year 2023 with Massive Profits appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
the Impact of the Economic Crisis. The overestimation is around Rs 140 billion, […]
Sri Lanka urged members of the UN Human Rights Council not to allow short-term political gains or “domestic vote bank politics” to overtake the work of the Council. Addressing the High-Level segment of the 55th Session of the Council through a pre-recorded video statement Minister of Foreign Affairs, Ali Sabry highlighted that despite the severe constraints […]
By Shamindra Ferdinando With the presidential election scheduled for later this year, political parties represented in Parliament have stepped up efforts to forge alliances. In terms of the Constitution, presidential elections will have to be conducted between Sept 18 and Oct 18, 2024. The last presidential election was held in Nov 2019. Even though the […]
By N Sathiya Moorthy If someone thought the IMF was the last resort of nation’s facing an economic crisis, then you are mistaken. Of course, ask the average Sri Lankan, he would tell you how this time as ever before, IMF conditionalities for loan-disbursements end up pushing costs and prices
The Indian government is working on operationalizing Rupee investments in Sri Lanka in a move to boost Indian investments in its southern neighbor, two people aware of the matter told Mint.The post India to push rupee investments in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Modi’s Civilizational Duty & Connectivity Bordering Soft Colonization appeared first on Colombo Telegraph.