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- onlanka.com - Category : Breaking News - Relavancy : 0.08297303

Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.08800619

Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter by 2040, president says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.31492633

SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following

- island.lk - Category : Breaking News - Relavancy : 0.10371629

Member of Parliament Dr. Nalaka Godahewa says that even in this budget, the President’s plan to break a part of the opposition has failed. He said so at a recent press conference held at the Nawala office of the Freedom Janata Sabha on the budget and the current political situation. “We are in temporary relief […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08297303

[…]The post The Origins Of Sri Lanka’s Economic Crisis appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.058670793

[…]The post No Democratic Logic To Hold Provincial Council Elections In 2025 appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 3.1813335

by Jehan Perera The government is facing an uphill task to rebuild the country which continues to be in a state of economic and moral decline which was evident in parliamentary proceedings last week. The initial hopes of a quick transition from the economic and moral decline that accompanied the pre-Aragalaya period ended with the […]

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.0762156

[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.127026

Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]

- island.lk - Category : Breaking News - Relavancy : 0.051858146

By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07185675

[…]The post What Is The Character Of The Chinese State? appeared first on Colombo Telegraph.

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- island.lk - Category : Breaking News - Relavancy : 0.31492633

Legal action should be taken against individuals that the Supreme Court found guilty of triggering the country’s worst financial crisis by mishandling the economy, former president Maithripala Sirisena said. Addressing the media in Colombo, he said that none of the economic hitmen named

- onlanka.com - Category : Breaking News - Relavancy : 0.31492633

Sri Lanka’s central bank signaled it will pause after cutting interest rates for a fourth time this year as the economy gradually recovers from its unprecedented crisis and inflation bottoms out.The post Sri Lanka signals pause after four rate cuts as IMF loan awaited appeared first on ONLANKA

- onlanka.com - Category : Breaking News - Relavancy : 0.062229775

Supermarket manager Laknath Dias says the economic crisis in his native Sri Lanka is too much for him to bear. He is getting ready to fly to Israel in December to work as a farmhand for nearly 10 times the pay, despite the war with Hamas.The post Thousands of Sri Lankan workers set to depart for Israel despite war appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.14667699

President Ranil Wickremesinghe has said that Sri Lanka won’t do anything that is deterimental to India’s security.In an interview with Firstpost, Wickremesinghe said, “India is worried about its own security. Sri Lanka won’t do anything to hurt its security.” When asked about his meeting with Prime Minister Narendra Modi last year, Wickremesinghe said, “I have […]

- island.lk - Category : Breaking News - Relavancy : 0.10267389

Friday 24th November, 2023 Sri Lanka’s cricket crisis has become internationalised. Sports Minister Roshan Ranasinghe and the Opposition insist that some Sri Lanka Cricket (SLC) officials were behind the International Cricket Council’s decision to suspend SLC. They have produced documentary evidence to prove their claim and tabled in Parliament the copies of the letters that […]

- island.lk - Category : Breaking News - Relavancy : 0.16594607

Minister of Labour and Foreign Employment  Manusha Nanayakkara at a press briefing convened today (17), at the Presidential Media Centre (PMC), under the theme ‘One Way to a Stable Country’ said that incumbent President Ranil Wickremesinghe will contest the next Presidential Election as a common candidate. He reiterated that President Wickremesinghe accepted the challenge to […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08800619

The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) will hold their CILT International Conference 2023, an event that brings together the best minds and practices in the field of logistics and transportation on 24th November, at the Balmoral, Kingsbury Hotel Colombo. The Main Sponsor  for this year’s conference is Haulmatic Technologies, […]

- island.lk - Category : Breaking News - Relavancy : 0.08800619

By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday said that Parliament like other institutions should bear responsibility for the unprecedented economic crisis caused during President Gotabaya Rajapaksa’s administration. Minister Sabry said so when The Island sought his response as regards the responsibility of Parliament for the developing situation against the backdrop of the cou...

- island.lk - Category : Breaking News - Relavancy : 0.062229775

Thursday 23rd November, 2023 A famous artiste once incurred much public opprobrium by arguing that the then President Mahinda Rajapaksa was of the same royal lineage as Prince Siddhartha. We lack expertise in genealogy, and therefore cannot either confirm or deny the veracity of such claims but the reason SLPP MP Namal Rajapaksa has given […]

- island.lk - Category : Breaking News - Relavancy : 0.117341585

By Rathindra Kuruwita Historically, Sri Lankan governments have failed to reduce the budget deficit, SJB MP Eran Wickramaratne says. Sri Lankan governments have consistently looked at maximising revenue but paid minimal attention to curtailing expenditure, MP Wickramaratne has said. Even the International Monetary Fund (IMF) had not factored in state expenditures when the latest bailout […]

- island.lk - Category : Breaking News - Relavancy : 2.2723813

By Saman Indrajith Yesterday’s parliamentary session was marred by aggressive protests by government MPs against Opposition and SJB leader Sajith Premadasa, who demanded that those whom the Supreme Court had held responsible for the collapse of the national economy be stripped of their privileges

- onlanka.com - Category : Breaking News - Relavancy : 0.07260141

Sri Lanka's consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday.The post Sri Lankan inflation rises to 1% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.31492633

Sri Lanka plans to conclude free trade agreement (FTA) talks with Thailand in December and sign a deal on Feb. 3, Sri Lanka’s cabinet spokesperson said on Tuesday. The island nation has been renewing a focus on trade deals to foster growth and help its battered economy recover from the worst

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07185675

[…]The post Regain A Vision Of Rhe Common Good appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.058670793

More than 200 defendants in one of Italy’s biggest mafia trials for generations have been sentenced to a total of more than 2,200 years in jail. The three-year trial saw individuals allegedly linked to the ‘Ndrangheta sentenced for crimes ranging from extortion to drug trafficking. Those sentenced included a former Italian senator, though the verdicts […]

- island.lk - Category : Breaking News - Relavancy : 0.109763004

By C. A. Chandraprema The judgement delivered by a divided five-member bench of the Supreme Court with regard to two fundamental rights cases numbered 195/2022 and 212/2022 filed by several individuals including Mahim Mendis, Chandra Jayaratne, Julian Bolling and the NGO Transparency International has stirred up a political storm. The majority judgment was delivered by […]

- island.lk - Category : Breaking News - Relavancy : 0.041486517

by Ahilan Kadirgamar Sri Lanka is going through its worst economic crisis since the 1930s, and the stabilisation policies of the Government could drastically change the political economic landscape of the country. Amidst these changes underway, education more broadly and the university system in particular, have come under considerable strain. In this column, I analyse […]

- island.lk - Category : Breaking News - Relavancy : 0.127026

Budget 2024 is like a fairy tale rather than a pragmatic solution to pressing economic issues, SLPP MP Dr. Nalaka Godahewa has said. Taking part in the current budget debate, former State Minister said: “Two paramount challenges loom large—the persistent economic contraction and the escalating national debt. A practical budget should provide answers to these […]

- island.lk - Category : Breaking News - Relavancy : 0.31492633

Far-right libertarian outsider Javier Milei has won Argentina’s presidential run-off poll, according to provisional results. Milei’s rival, economy minister Sergio Massa, called him to concede. Former US President Donald Trump congratulated  Milei on his victory, saying he would “

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