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By Lynne O’Donnell It’s getting difficult to determine which one among Pakistan’s myriad crises will finally engulf the country. Inflation is hitting historic highs, unemployment is pushing young men into the ranks of extremists, the military is torn between its loyalty to the state and the terrorists it helped create, and leading politicians are engaged in a battle for mutual destruction. […...
By Jehan Perera Slowly but surely the ruling party is beginning to reassert itself. An indication is the removal of Prof G L Peiris from the chairmanship of the ruling party. In the aftermath of the economic collapse last year he has been one of the few members from the SLPP to have adopted a […]
Bangladesh has extended the repayment period of the loan it had given to Sri Lanka by six more months as the Island nation continues to struggle to fix its debt crisis, officials say. Earlier, the central bank of Sri Lanka had sought time from Bangladesh to make the first instalment of the $200
Swashbuckling cricket star Sanath Jaysuriya wants a positive and not negative picture of Sri Lanka to be promoted. He urged people to visit Sri Lanka and see its breathtakingly beautiful beaches and loving locales, Greater Kashmir reported. Talking to media persons on the sidelines of an education event at Doon International School (DIS) in Srinagar, […]
To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer.The post Everyone must come together to support Sri Lanka’s recovery and inclusive growth – IMF appeared first on Sri Lanka News - Lates...
UNP MP Wajira Abeywardena yesterday (05) appreciated a public statement by Power and Energy Minister Kanchana Wijesekera that the majority of the government parliamentary group wanted incumbent President Ranil Wickremesinghe to seek another term. The National List MP said so when The Island sought his response to the SLPP members’ declaration. Appearing on Derana ‘360’ […]
The Government of Japan provided USD 1.6 million to UN Women in support of humanitarian assistance for women most affected by the socio-economic crisis in Sri Lanka.The post Japan provides USD 1.6 Million to support marginalized females in Sri Lanka appeared first on Sri Lanka News
By N Sathiya Moorthy By all available accounts, the continual strike by various sections of government and other public sector employees, represented by and in 47 trade unions, to press their various demands, mainly focussed on the steep hike in income-tax for the salaried class, and their threat for a week-long combined protest, to begin […]
By SHIHAR ANEEZ Sri Lanka expects to present an anti-corruption bill to the parliament in coming days, Cabinet Spokesman said, as the island nation has been urged by the International Monetary Fund (IMF) to reduce corruption. The IMF has urged Sri Lanka to reduce corruption vulnerabilities through improving fiscal transparency and public financial management, introducing a […]
By N Sathiya Moorthy The recent statements by Cabinet spokesman, Minister Bandula Gunawardena and Prof S.R.D. Rosa, the Chairman of the Sri Lanka Atomic Energy Board (SLAEB) that the nation intends going nuclear not very long from now should trigger a series of far-and-against debates in the public space, starting possibly with the social media. […]
[…]The post Elections & Economic Recovery appeared first on Colombo Telegraph.
Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living high on the hog at the expense […]
Beijing [China], February 20 (ANI): Chinese people continued to face difficulty as the economy of the country is falling, ramping up the risk of social unrest in the nation, Global Strat View reported citing the World Economic Forum’s (WEF) economic outlook. China’s economy is slow and it no longer satisfies the aspirations of upward mobility. […]
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
The writ petition filed by a retired Army Colonel, seeking an order postponing the upcoming Local Government (LG) elections in view of the current economic crisis, is scheduled to be taken up before the Supreme Court tomorrow (Feb. 20), Ada Derana reporter said.
[…]The post Warning Signal To RW’s Transformation Agenda appeared first on Colombo Telegraph.
Reforms to be introduced to end ‘media abuses’ President Ranil Wickremesinghe yesterday said that the government was not in a position to lower the taxes. Delivering his second government policy statement to inaugurate the Fourth session of the Ninth Parliament, the President said: “Some people say that the primary taxable income should be raised from […]
Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).The post Sri Lanka President delivers Government’s policy statement in Parliament appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post President Ranil Wickremesinghe’s Policy Statement – Full Text appeared first on Colombo Telegraph.
President Ranil Wickremesinghe told Parliament today that he will continue with his unpopular decisions. Making his throne speech, Wickremesinghe said that he is not here to be popular. He said that the unpopular decisions he takes will have positive results in the years to come. The President said that Sri Lanka expects to recover from […]
By N Sathiya Moorthy For incumbent Ranil Wickremesinghe, taking the Independence Day as the nation’s President is known to be a dream come true. It should be so for most politicians in the country, especially when they are young, inexperienced and unexposed. It would have been more so for Ranil, as this is not only […]
[…]The post 75 Years Of Corruption, 75 Years Of Tears: Pearl Of The Indian Ocean Has Become The Teardrop Of Asia appeared first on Colombo Telegraph.
by Moshahida Sultana Ritu Earlier this month, the five percent electricity price hike and 78.2 percent gas price hike by the Energy and Mineral Resource Division raised concerns about the accountability of the government, and consumer rights. The December 2022 amendment of the Bangladesh Energy Regulatory Commission (Berc) Act 2003 empowered the government to set […]
[…]The post Taxing Without A Mandate appeared first on Colombo Telegraph.
ISLAMABAD: As the year comes to a close and 2023 begins, the nation takes a reflective pause and harks back at a long year of political events that will foreshadow the election year – a new year resolution politicos hope to keep but without an economic story worth telling. Unprecedented events lashed the political waters […]
China’s lurch from extreme zero-Covid to extreme herd immunity is a watershed moment in the global ideological struggle of our age, an unanswerable illustration of why autocratic regimes are less successful in the end than messy liberal democracies. Leadership cults and totalitarian media control can at times enable breathtakingly destructive policies, and it is hard […]
Digitally Transformed Sri Lanka – Measure Your Digital Readiness Using FITIS Digital Excellence Framework Theme for the event: Focus. Fix. Future-Proof: A Guide for CXO’s The Federation of Information Technology Industry Sri Lanka (FITIS) the apex body for the ICT industry in Sri Lanka – Software Chapter formally known as Sri Lanka Association for […]
By Ifham Nizam Sustainable food security is not an easy target to achieve in a country like Sri Lanka, where primary production has been given the priority, Professor Buddhi Marambe of the Department of Crop Science, Faculty of Agriculture, University of Peradeniya said. Speaking to The Island Financial Review Marambe stressed that concerted efforts are […]
[…]The post Finally, JDCSI Has A New Bishop appeared first on Colombo Telegraph.
By Uditha Devapriya A recent World Food Programme report underlines the magnitude of the food crisis in Sri Lanka. The report shows that 36% of the country’s households are effectively food insecure, while 76% are engaging in “food-coping strategies.” 35% of the country’s households