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By Saman Indrajith President Ranil Wickremesinghe yesterday told Parliament that the government was planning to exempt items such as books, school equipment, health equipment, and medicine from VAT. Making a special statement in the House, the President said: “By 2022, the country was slated to repay approximately US$6 billion in foreign debt annually, amounting to […]
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- G20 advocate swift resolution of Sri Lanka’s debt situation and strengthen global debt collabora... (Category: Breaking News)
- Siyambalapitiya alleges move to trigger run on banks (Category: Breaking News)
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
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka expects 1.8% Economic growth in 2024 (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Sri Lanka to restart IMF bailout talks, president calls for unity Government (Category: Breaking News)
Sri Lanka has sought temporary relief from debt defaults from 2023 till 2027, President Ranil Wickremesinghe told Parliament, Wednesday. He said that Sri Lanka plans to diligently work towards repaying the loans in the period from 2027 to 2042. “Sri Lanka faces a significant burden of debt. By 2022, the country was slated to repay […]
- Debt restructuring to be completed before polls (Category: Breaking News)
- Ranil reveals China’s refusal to agree with India, Paris Club (Category: Breaking News)
- Interim-budget which meets IMF expectations presented to Parliament (Category: Breaking News)
- China asked to share copies of letter on Sri Lanka debt restructuring (Category: Breaking News)
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 […]
- Foreign policy implications for the South of Asia’s rise (Category: Breaking News)
- For India, Sri Lanka is not indispensable, but for Sri Lanka, India is indispensable (Category: Breaking News)
- Navigating India’s Future: A Deep Dive into Modi’s Governance (Category: Breaking News)
- Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe revealed that over the past 14 months, the Parliament has enacted 42 new laws to facilitate the country’s economic transformation.The post Sri Lanka President says 42 new laws enacted for economic transformation, 62 laws due for enactment appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Parliament has passed 42 new laws in the Last 14 months – President (Category: Breaking News)
- Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President (Category: Breaking News)
- Proposed laws set to introduce structural changes, will be presented to Parliament in May – Pres... (Category: Breaking News)
- Sri Lanka President calls for legal modernization to propel Sri Lanka’s economic growth (Category: Breaking News)
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...
- As economic situation looks gloomy in Pakistan, IMF advises strict measures (Category: Breaking News)
- Amid surge in inflation, Pakistanis face difficulties in performing Haj (Category: Breaking News)
- IMF asks Pakistan to take steps to be able to function as a country (Category: Breaking News)
- SPECIAL: Minority Rights and Electoral Dynamics in Pakistan (Category: Breaking News)
[…]The post Ronnie De Mel: A True Democrat & An Economics Philosopher To The End appeared first on Colombo Telegraph.
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- Budget 2021: A Reversion To JR Jayewardene Policies Of 1940s? (Category: Breaking News)
[…]The post Getting Ready For Presidential Election appeared first on Colombo Telegraph.
- BRI Dynamics & Politics Of Cabinet Reshuffle (Category: Breaking News)
- Ranil Wickremesinghe In Presidential Avatar (Category: Breaking News)
- Sri Lanka 2023: Bouquets & Brickbats (Category: Breaking News)
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part III appeared first on Colombo Telegraph.
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- MP Gary Anandasangaree’s Hypocrisy & Political Cowardice On Israel-Palestine (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
The UN High Commissioner for Human Rights, Volker Türk has urged the Sri Lankan government to implement credible accountability measures, investigating and prosecuting both past and present human rights violations and economic crimes.The post UN rights chief raises concerns over Sri Lanka’s proposed laws appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- UN calls for targeted measures against Sri Lankans accused of rights abuses (Category: Breaking News)
- UN calls for end to draconian security laws in Sri Lanka (Category: Breaking News)
- Sri Lanka urged to implement UN recommendations (Category: Breaking News)
- UN accuses Sri Lanka of continuously failing to ensure accountability (Category: Breaking News)
The United Nations (UN) has called for targeted measures against credibly-alleged perpetrators of serious human rights violations and abuses in Sri Lanka. UN High Commissioner for Human Rights, Volker Türk, in an oral update on Sri Lanka at the UN Human Rights Council in Geneva, said that two years ago, tens of thousands of Sri […]
- UN Human Rights Chief lays out “Path for Solutions” for years to come (Category: Breaking News)
- UN calls for end to draconian security laws in Sri Lanka (Category: Breaking News)
- Sri Lanka urged to implement UN recommendations (Category: Breaking News)
- UN concerned over torture during Sri Lanka’s crackdown on drugs (Category: Breaking News)
President Ranil Wickremesinghe said on Thursday (29) that Sri Lanka has been committed to safeguarding world peace and regional stability, and that he is ready to make decisive decisions for global peace. President Ranil Wickremesinghe made this statement at the Sri Lanka Air Force Cadet Officers Commissioning Ceremony held at the Air Force Base China […]
- Another contingent leaves for Peace keeping in Haiti (Category: Breaking News)
- Deepika who supported the killing of Tamils receives award (Category: Breaking News)
- SriLankan forces have responsibility to establish peace in the region : Maldieves President (Category: Breaking News)
- Citizens Peace Award for 2011 to Dr. Nimalka Fernando (Category: Breaking News)
United Nations Population Fund (UNFPA) Asia Pacific Regional Director Pio Smith called on Prime Minister Dinesh Gunawardena at the Temple on Thursday (February 29).The post UNFPA to assist Sri Lanka in modernizing statistical system for transition to digital economy appeared first on ONLANKA - Sri
- UNFPA to help Sri Lanka to modernize statistical system to move towards digital economy (Category: Breaking News)
- UNFPA explores opportunities to further support Sri Lanka (Category: Breaking News)
- UNFPA signs MoU with University of Colombo, hands over medical supplies to Health Minister (Category: Breaking News)
- UNFPA Regional Director here (Category: Breaking News)
United Nations Population Fund (UNFPA) Asia Pacific Regional Director Pio Smith has called on Prime Minister Dinesh Gunawardena at the Temple on Thursday (February 29).
By Rathindra Kuruwita The Ceylon Electricity Board (CEB) has significantly overestimated the cost of electricity production and transmission for 2024 and this is reflected in their estimated cost of production, says MP Gamini Waleboda, head of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis. The overestimation is around Rs 140 billion, […]
- IRD’s inability has led govts. to extract unbearable taxes from professionals, honest people (Category: Breaking News)
- NFF accuses SLPP of causing irreversible damage to COPE (Category: Breaking News)
- SJB ready for painful reforms unlike Rajapaksas who only exploited divisions, says MP Hashim (Category: Breaking News)
- CEB to reduce workforce to 18,000 (Category: Breaking News)
In a welcome development in relation to Sri Lanka’s regional policy, some state functionaries of the Ranil Wickremesinghe regime have gone on record as having stated that Sri Lanka would be taking notable cognizance of India’s security concerns, going forward. This is as it should be. None of India’s immediate neighbours could afford to overlook […]
- Impact of security considerations on foreign policy crafting (Category: Breaking News)
- Baglay reiterates India’s commitment in line with ‘Neighbourhood First Policy’ (Category: Breaking News)
- India underscores inclusivity on 75th anniversary of Independence (Category: Breaking News)
- ‘The fascist threat’ and the South’s mounting travails (Category: Breaking News)
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.
- Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
- Sri Lankan bank opens VOSTRO account in India (Category: Breaking News)
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- India to push rupee investments in Sri Lanka - report (Category: Breaking News)
[…]The post Risk Of Repeating The Past Continues appeared first on Colombo Telegraph.
- Don’t Disregard The Less Privileged (Category: Breaking News)
- The Hardware & Software Of Reconciliation (Category: Breaking News)
- Dream Team For National Reconciliation (Category: Breaking News)
- Weaponising Of The Law (Category: Breaking News)
[…]The post Modi’s Civilizational Duty & Connectivity Bordering Soft Colonization appeared first on Colombo Telegraph.
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
Monday 26th February, 2024 Sri Lanka is a nation in the hara-kiri mode. It needs no enemies; it has become its worst enemy. It continues to maintain a bunch of failed, corrupt politicians and their bureaucratic lackeys responsible for ruining the economy and hell-bent on degrading vital national
- Orwellian Isle Ordeals (Category: Breaking News)
- Message from a Cell Death (Category: Breaking News)
- Post-Match Melancholia (Category: Breaking News)
- Empire’s Enchantment (Category: Breaking News)
[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
State Tourism Minister Diana Gamage says that Night Life Concept can boost the revenue of the tourism industry by 70 percent as nightlife plays a crucial role in catering to the needs of tourists, adding this applies not only to beach resorts but also urban centres like Colombo. Speaking at a press conference themed ‘Collective […]
- Govt. to set up night safari park at Pinnawela (Category: Breaking News)
- Special night express from Mount Lavinia to Kankesanturai launched (Category: Breaking News)
- Diana wants bars open 24/7 (Category: Breaking News)
- Delhi Chief Minister Kejriwal arrested in excise policy case (Category: Breaking News)
Leader of the United Republic Front Member of Parliament Patali Champika Ranawaka, presented the proposal titled “A United Step for the Country” to President Ranil Wickremesinghe , at ‘Srikota’, the United National Party headquarters in Colombo this morning (24). Speaking at the event President Ranil Wickremesinghe, highlighted the government’s concerted efforts over the past two […]
- Liz Cheney, No. 3 House Republican, says she will vote to impeach President Trump (Category: USA, Nebraska)
- Liz Cheney, No. 3 House Republican, says she will vote to impeach President Trump (Category: USA, Maryland)
- Liz Cheney, No. 3 House Republican, says she will vote to impeach President Trump (Category: USA, Maine)
- Liz Cheney, No. 3 House Republican, says she will vote to impeach President Trump (Category: USA, Iowa)
Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Senior US official discusses Sri Lanka s IMF program in Colombo (Category: Breaking News)
- U.S. Deputy Secretary of State commends Sri Lanka’s economic efforts (Category: Breaking News)
- U.S. Deputy Secretary Verma commends Sri Lanka s economic recovery efforts (Category: Breaking News)
- U.S. Deputy Secretary of State calls on President Ranil (Category: Breaking News)
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]
- Pakistan, IMF reach staff-level deal to release $1.1bn from bailout package (Category: Breaking News)
- Pakistan accepts one more IMF condition, agrees to increase interest rate by 200 basis points (Category: Breaking News)
- IMF seeks more Pak assurances before releasing bailout package (Category: Breaking News)
- Pakistan’s Persistent Economic Predicament (Category: Breaking News)
Deputy Secretary of State of the United States of America Richard Verma visited Sri Lanka from last Thursday to yesterday, the Ministry of Foreign Affairs said in a press release. The visiting U.S. Deputy Secretary of State and delegation had extensive discussions with Foreign Minister Ali Sabry at the Ministry of Foreign Affairs on further […]
- Foreign Minister welcomes continued US assistance to Sri Lanka (Category: Breaking News)
- U.S. Deputy Secretary of State Richard Verma visits Sri Lanka (Category: Breaking News)
- Lankan envoy meets Japan’s Foreign Affairs Vice Minister (Category: Business)
- Sri Lanka concludes bilateral consultations with Japan (Category: Breaking News)
By Rathindra Kuruwita Until Sri Lanka has access to international money markets, which will allow it to ensure there are no short-term dollar shortages, relaxing the restrictions on vehicle imports is out of the question, Professor in Economics at the Department of Economics at Colombo University, Dr. Priyanga Dunusinghe, said. Even then, relaxing vehicle imports […]
- Govt. not allocating enough funds to grant relief to public–Economist (Category: Breaking News)
- Sri Lanka’s apparel manufacturing industry asserts importance of Vertical Integration, improved ... (Category: Breaking News)
- Govt. decision to give two million farming families freehold land deeds will lead to shanty town... (Category: Breaking News)
- Sri Lanka expects 10% drop in its Iran crude demand (Category: Breaking News)
The United States Deputy Secretary of State for Management and Resources, Richard Verma, who called on Sri Lankan President Ranil Wickremesinghe, expressed appreciation for the efforts undertaken by the Sri Lankan Government to revitalize the economy.The post U.S. Deputy Secretary of State commends Sri Lanka’s economic efforts appeared first on ONLANKA - Sri Lanka Latest Breaking News and To...
- Senior U.S. official discusses Sri Lanka’s IMF program in Colombo (Category: Breaking News)
- U.S. Deputy Secretary Verma commends Sri Lanka s economic recovery efforts (Category: Breaking News)
- Princess Anne meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
- USAID Administrator Samantha Power meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
Diana Gamage, the Minister of State for Tourism emphasized the critical role of nightlife in driving economic growth, citing it as a cornerstone of the night economy.The post Nightlife will play a vital role in Sri Lanka’s economic growth and tourist experience appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Nightlife is essential without hindrance to other tourists, residents and businesses – Diana Gam... (Category: Breaking News)
- “Nightlife Will Play a Vital Role in Sri Lanka’s Economic Growth and Tourist Experience” (Category: Breaking News)
- Diana Gamage undeterred in efforts to revamp nightlife (Category: Breaking News)
- Sri Lanka tourism state minister Diana Gamage undeterred in efforts to revamp nightlife (Category: Breaking News)
to boost the economy by generating revenue. She made this comment […]
- Fleurieu crowds go with the flow (Category: South Australia)
- Going ape (Category: Technology)
- Eastern Eye (Category: Business)
- Sri Lanka seeks more Saudi tourists (Category: Breaking News)
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