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Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
From Pakistan to India, activists warn of tendency to throttle the net as elections near MADURAI, India — New legislation to regulate online content in Sri Lanka has renewed concern over freedom of expression ahead of expected elections. It also highlights a growing habit of restricting the internet across South Asia, from India to Pakistan. […]
[…]The post Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 appeared first on Colombo Telegraph.
[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence appeared first on Colombo Telegraph.
EXCLUSIVE Threaten to push IMF to block next tranche Litigation by bond holders not ruled out Govt. assures will expedite communications Sri Lanka keen on win-win solution By Easwaran Rutnam Private creditors have threatened to do all it can to persuade the International Monetary Fund (IMF
Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]
Indian External Affairs Minister Dr. S. Jaishankar has encouraged Indians to visit Sri Lanka if they want to travel overseas on holiday. He also noted that India’s assistance to Sri Lanka during its economic crisis has played a key role in enhancing India’s image among Sri Lankan citizens. “My first advice to you, the next […]
The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]
Verité Research has observed delays in governance and transparency reforms in Sri Lanka’s initial commitments under its International Monetary Fund (IMF) bailout programme, even though it has met most of its commitments. Verité Research, which tracks Sri Lanka’s progress under the Extended Fund
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
Sri Lanka President Ranil Wickremesinghe emphasized that Sri Lanka cannot simply rule out the relationship with the International Monetary Fund (IMF), referring to the complications that may arise if a decision is taken to do so.The post Sri Lanka cannot simply withdraw from IMF – President
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF.
President Ranil Wickremesinghe has extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF.
Fitch Ratings, an American credit rating agency, maintained that Pakistan will remain dependent on the successful International Monetary Fund (IMF) programme implementation and its official support for the next few years, The News reported on Thursday.
A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms, Human Rights Watch’s (HRC) Meenakshi Ganguly has said in a statement. The law would seriously threaten the right to freedom of expression as […]
By Meenakshi Ganguly A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms. The law would seriously threaten the right to freedom of expression as Sri Lanka prepares for parliamentary and presidential elections […]
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
[…]The post Sri Lanka’s Proposed Internet Law Threatens Upcoming Elections appeared first on Colombo Telegraph.
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The National Peoples Power (NPP) says if it comes to power it will continue to work with the International Monetary Fund (IMF) and look to make changes to the current agreement with Sri Lanka. NPP MP Vijitha Herath said that the main opposition Samagi Jana Balawegaya was concerned over talks held
ECONOMYNEXT –Sri Lanka’s economy is starting to recover under a stabilization program, and further progress has to be made on debt restructuring while monetary policy decisions have to be prudent to keep inflation down, an International Monetary Fund official has said. “A swift completion
The economic reform programme, implemented by the Sri Lankan authorities is yielding the first signs of recovery with positive real GDP growth in the third quarter of 2023, low inflation, increased revenue collection, and a build-up of external reserves, the IMF has said. Staying the course on the reform agenda is necessary for this stabilization […]
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer visited Sri Lanka from January 11 to January 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement.The post IMF staff concludes visit
The International Monetary Fund (IMF) says it is critical for Sri Lanka to swiftly complete the final agreements with the official creditors and reach a resolution with the external private creditors.