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- onlanka.com - Category : Breaking News - Relavancy : 0.08290833

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 : 0.08793756

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 : 0.31496

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

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08290833

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

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.058625042

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

- island.lk - Category : Breaking News - Relavancy : 3.1807904

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 : 0.07615617

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

- island.lk - Category : Breaking News - Relavancy : 0.12692694

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 […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07180072

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

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- onlanka.com - Category : Breaking News - Relavancy : 0.31496

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

- island.lk - Category : Breaking News - Relavancy : 0.102593824

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 […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08793756

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 : 0.08793756

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 : 0.117250085

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 : 2.2719932

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 : 0.07254479

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.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07180072

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

- island.lk - Category : Breaking News - Relavancy : 0.10967741

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 : 0.041454166

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 […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.107701086

[…]The post Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.058625042

By Uditha Devapriya Conversations lay down the foundation for consensus, they provoke discussion and enable debate. One Text Initiative’s (OTI) session on strengthening parliamentary fiscal sovereignty through the Committee System, held last Thursday, October 16, at Water’s Edge, opened such a debate and discussion. While it’s still hard to think of consensus over matters like […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04396878

[…]The post Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Realities appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.0732813

Sri Lanka expects to receive the second installment of the loan provided under the Extended Fund Facility (EFF) of the International Monetary Fund (IMF) in December, 2023.The post Sri Lanka expects second tranche of IMF loan in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.051296912

[…]The post Restoring The Dignity Of Sri Lankan Cricketers appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.051817708

By Shamindra Ferdinando One-rime Secretary of the Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC) Lacille de Silva yesterday (17) said that leaders of political parties represented in Parliament should set up a committee to study the landmark Supreme Court […]

- island.lk - Category : Breaking News - Relavancy : 0.103635415

Sri Lankan government had shared the details and the conditions of the 4.2 billion dollar debt deal with China with other creditors, Governor of the Central Bank Dr. Nandalal Weerasinghe told Bloomberg.Governor Weerasinghe expressed optimism about restructuring Sri Lanka’s debt through the official creditors committee, aiming to secure IMF support for a 330 million dollar […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07180072

[…]The post A Budget In Crisis  appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.08793756

Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors a key sticking point with countries like India paving the way for more loans from the International Monetary Fund.The post Sri Lanka gives China deal details, keeping IMF aid on track appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.18538867

By Saman Indrajith TNA Jaffna District MP M.A. Sumanthiran told Parliament on Wednesday that Rajapaksa brothers had enough money to compensate 22 million people in the country.  Participating in the second reading debate on Budget 2023, MP Sumanthiran said that his party welcomed the Supreme Court determination that ex-President Gotabaya Rajapaksa, along with former Finance […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 2.2719932

[…]The post Budget 24: Economy Collapsed Because Public Money Has Been Stolen By MR & His Brothers appeared first on Colombo Telegraph.

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