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The Executive Board of the International Monetary Fund (IMF) selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024. The Board’s decision was taken by consensus. In line with the selection process it had established on March 13, 2024, the Board held several discussions, including with […]
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- IMF Executive Board to decide on Sri Lanka’s EFF on March 20 (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
- IMF says G20 Common Framework delivering for Sri Lanka (Category: Breaking News)
[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
[…]The post Undemocratic Rule Of Modi’s India Is A Security Threat To South Asia appeared first on Colombo Telegraph.
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri L... (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- Lanka Asymptomatic; US At ICU; India Near Morgue; Deadly Everywhere: Can The Authoritarian Pande... (Category: Breaking News)
The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) for April 2024, forecasts moderate growth in Sri Lanka’s economy of 1.9% in 2024 and 2.5% in 2025, following two consecutive years of contraction.The post Sri Lanka shows signs of recovery
- ADB provides Sri Lanka access to concessional financing (Category: Breaking News)
- Sri Lanka seeks Asian Development Bank support in digitalization, agriculture (Category: Breaking News)
- ADB approves $350 Million for Sri Lanka economic stabilization programme (Category: Breaking News)
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
, forecasts Sri Lanka’s economy to record moderate growth of 1.9% in 2024 […]
- Debt-ridden Sri Lanka gets US$350m loan boost from ADB (Category: Breaking News)
- ADB approves $100M loan to provide Sri Lankan SMEs more access to finance (Category: Breaking News)
- Sri Lanka appeals to creditors for help (Category: Breaking News)
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country’s largest banks […]
- COP28: UN climate talks in jeopardy in fossil fuel backlash (Category: Breaking News)
- Powerful storms wreak havoc in Europe (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
- Rohit Sharma: The Indian captain who lost cricket World Cup but won hearts (Category: Breaking News)
[…]The post With A View To A Kill (Master Spy-James Bond)! appeared first on Colombo Telegraph.
- Rat Cunning Or Intelligent Nation Building? (Category: Breaking News)
- Taxes, Swiss Bank Accounts & The Chinese Cafe (Category: Breaking News)
- A Leap Of Faith Awaits (Category: Breaking News)
- Paris – A Moveable Feast (Category: Breaking News)
By Saman Indrajith The SJB yesterday said the JVP-led NPP’s call for the participation of President Ranil Wickremesinghe in the proposed debate on the economy was a diversionary tactic. The SJB has challenged the NPP’s economic council members to a debate on how to resolve the economic crisis
- Debate between NPP and SJB leaders stalled over date and sequence disagreement (Category: Breaking News)
- JVP renews its challenge for debate (Category: Breaking News)
- ITN directed to live telecast Sajith – AKD debate (Category: Breaking News)
- Five million undecided voters waiting to hear economic policies of presidential candidates: Char... (Category: Breaking News)
Thursday 11th April, 2024 Astrologers were clashing over the traditional New Year auspicious times or nekath, at the time of writing. Some of them are of the view that the nekath prepared by what is described as the State Astrologers’ Committee of the Department of Cultural Affairs will have malefic effects on the country. However, […]
- Prices of rice likely to increase  Agri. Minister (Category: Breaking News)
- Villagers allege Vavuniya officials wasted 2,000 kilos of rice from TN (Category: Breaking News)
- SL to Export Rice (Category: Breaking News)
- Minister Siyambalapitiya wants Lankans to eat less wheat (Category: Breaking News)
A response to the ‘Anatomy of a movement: Jathika Chinthanaya’ by Dr. Sumedha S. Amarasekara This article is a response to the question- ‘If the failure of the left was what portended Jathika Chinthanaya, what would the sterility and decay of Jathika Chinthanaya portend?’ asked by Uditha Devapriya (UD) at the end of his article: […]
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
- ‘Justice for all’ calls for broad democratic movement to protect people’s rights (Category: Breaking News)
- Decline of middle class bodes ill for nation (Category: Breaking News)
The World Bank has found that more than a quarter of Sri Lanka’s population is living in poverty,according to its latest publication. Titled ‘World Bank Update: Bridges to Recovery’ released last week (April 2) shows that poverty has increased over the past four years—from 11 percent in 2019 to almost 26 percent in 2024 in Sri Lanka. […]
- SL has fifth highest food price inflation in world (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
- Foreign jobs: growing mismatch between SL supply and global demand: World Bank (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
President Ranil Wickremesinghe participating at the “Let’s Start with Me” Kandy District Youth Conference held at the President’s House, Kandy on Sunday (07) stated that the legislation pertaining to the establishment of the new economy will be presented to Parliament in May and approved by June
- The Government’s objective is to develop Sri Lanka as a thriving nation by 2048 – President (Category: Breaking News)
- Streamlined program to obtain maximum support from Nuwara Eliya to build the country's economy (Category: Breaking News)
- The rivalries/conflicts of the great powers cannot hinder Sri Lanka's access to the Indian-Afric... (Category: Breaking News)
- “My concern was the nation’s future” – President (Category: Breaking News)
The assistance of the Asian Development Bank (ADB) to help Sri Lanka recover from the crisis will be aligned with the strategic objectives of the Bank’s country partnership strategy (CPS) 2024–2028, Takafumi Kadono, Country Director, Sri Lanka Resident Mission, ADB said. Mr. Kadono made this comment at the ‘Serendipity Knowledge Programme’ (SKOP) held on April […]
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
- President seeks ADB support to set up International University on Climate Change in Sri Lanka (Category: Breaking News)
- ADB assures more support but not debt cancellation (Category: Breaking News)
- Discussions on ADB support for several sectors in Sri Lanka (Category: Breaking News)
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? appeared first on Colombo Telegraph.
- ICJ Ruling On Israeli Genocide In Gaza; Stopped Short Of Ordering A Ceasefire (Category: Breaking News)
- Middle East Conflict: Why We Should Support Israel? (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
NPP/JVP pushes for one-to-one, SJB prefers team debate President Ranil Wickremesinghe has directed his Chief of Staff and National Security Advisor, Sagala Ratnayake, to ensure that ITN would live telecast the Sajith Premadasa – Anura Kumara Dissanayake debate on the economic policies of their parties. Political sources said that while the SJB had preferred a […]
- Debate between NPP and SJB leaders stalled over date and sequence disagreement (Category: Breaking News)
- JVP renews its challenge for debate (Category: Breaking News)
- SJB: JVP’s call for RW’s participation in proposed debate diversionary tactic (Category: Breaking News)
- Parliamentary sittings cost Rs.10 mn a day, says Chief Govt. Whip (Category: Breaking News)
By Rathindra Kuruwita The GL Peiris-led splinter group of the SLPP, the Nidahasa Janatha Sabawa (NJS), has signed an MOU with the Samagi Jana Balawegaya (SJB) to form an alliance in view of upcoming elections on Friday (05). Six NJS MPs, namely, Professor Peiris, Dilan Perera, K.P. Kumarasiri, Upali Galappatty, Wasantha Yapa Bandara and Nalaka […]
- SLPP dissident group, too, breaks up (Category: Breaking News)
- G.L. Peiris to build a broad opposition force with SJB (Category: Breaking News)
- Section of NJS forms alliance with SJB (Category: Breaking News)
- ‘Sajith-Ranil alliance’ against NPP: GL denies Chung’s intervention (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated – World Bank (Category: Breaking News)
[…]The post Monk’s Imprisonment: Aragalaya Victory No. 2 appeared first on Colombo Telegraph.
- Politics Behind Economic Recovery (Category: Breaking News)
- Muslims & 13A (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
- Cockiness; What Price? (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
[…]The post Katchatheevu Crisis – Seal The Deal Mr. Modi appeared first on Colombo Telegraph.
- India to ask Sri Lanka to allow fishing near Katchatheevu (Category: Breaking News)
- Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri L... (Category: Breaking News)
- Champika Ranawaka’s Transformative Message: Lessons For National Unity & Global Politics (Category: Breaking News)
- Sri Lanka says ‘no ground’ for Indian request to return Katchatheevu (Category: Breaking News)
By Lynn Ockersz ‘Sri Lankans are very good at writing plans but nothing very positive has resulted from these efforts over the years. Nevertheless, the country needs a new system of planning and an essential requirement for this is a sound institutional framework coupled with good governance, chairman of the Gamani Corea Foundation (GCF) and […]
- CB Chief takes swipe at politicos, urges public to be mindful of whom they elect (Category: Breaking News)
- CMA Sri Lanka COVID 19 SME Development Conference: Celebrating UN – Micro, Small and Medium-Size... (Category: Breaking News)
- On being prepared: Sri Lankan experience (Category: Breaking News)
- Dr. P.B. to speak on Positioning Sri Lanka to be the Rising Star in Asia (Category: Breaking News)
President Ranil Wickremesinghe emphasized that the government s prudent decisions over the past two years have bolstered the nation s economy, providing a favourable environment for political activities on the streets.
By Sanath Nanayakkare Minister of State for Finance Shehan Semasinghe said on Monday that the government is aware of the low deposit interest rate senior citizens are earning on their savings as the policy rates are taking a downward trajectory amid declining inflation and expanded economic activity. He, however, said that interest rate relief cannot […]
- Sagala calls for swift policy decisions on transferring of state land to citizens (Category: Breaking News)
- CSCD attacks proposed anti-terrorism law (Category: Breaking News)
- Sectoral Oversight Committee exposes CEB costing trick to make huge profits (Category: Breaking News)
- 2024: An election year and global trends (Category: Breaking News)
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
- The economic crisis can only be solved through the implementation of a comprehensive, long-term ... (Category: Breaking News)
- Sri Lanka to strengthen the poverty alleviation program, extend benefits to more families (Category: Breaking News)
- Targets for 2024 are 2.2million tourists and US$ 4billion in revenue – Minister of Tourism (Category: Breaking News)
- .Economic growth rate to be increased to 8 percent (Category: Breaking News)
In the midst of rising tensions between Islamabad and Kabul, the Defense Minister of Pakistan has issued a stern warning to the Taliban government in Afghanistan. Khwaja Asif, in an interview with Voice of America on March 20, hinted at the possibility of Pakistan blocking the trade corridor that facilitates goods flow between Afghanistan and […]
- Understanding Pakistan’s Struggle with Terrorism (Category: Breaking News)
- Pakistan Reaps What It Sowed (Category: Breaking News)
- What’s the Endgame for Afghanistan and Pakistan? (Category: Breaking News)
- India part of meeting on Kabul: ‘Military facilities of others in country unacceptable’ (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- World Bank says Sri Lanka still faces elevated poverty levels (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
[…]The post Ranil & Sajith Running Out Af Alternatives appeared first on Colombo Telegraph.
- Ranil’s Choices (Category: Breaking News)
- Ranil’s political ‘Trickonometry’ (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
- Intervention Or Flirtation: America’s Interest: Good Governance Or Economic Stability? (Category: Breaking News)
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
- Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Choice Of Elections Or Abolition Of Presidency (Category: Breaking News)
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank warns Sri Lanka’s economic crisis deepening (Category: Breaking News)
- World Bank approves $700 million in financing support for Sri Lanka (Category: Breaking News)
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
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