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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.11483323

[…]The post The Eyewash Of Doctors’ Salary Increased By 35000 Rupees appeared first on Colombo Telegraph.

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- island.lk - Category : Breaking News - Relavancy : 0.81388247

By M. Rodwan Abouharb Associate Professor in International Relations, UCL and Bernhard Reinsberg Reader in Politics, University of Glasgow Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.11483323

[…]The post Sri Lanka Supports US War-Mongers Against Houthis appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.81388247

During a meeting between President Ranil Wickremesinghe, Sri Lankan authorities and the International Monetary Fund (IMF) on Thursday (11), the IMF congratulated the country on completing the first review under its program. The IMF highlighted the positive start of the program, recognizing

- onlanka.com - Category : Breaking News - Relavancy : 0.81388247

The International Monetary Fund (IMF) applauds Sri Lanka on significant progress in implementing economic reforms.The post IMF applauds Sri Lanka’s significant progress in economic reforms appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.20095815

Sri Lanka's central bank is considering moving towards a single policy rate mechanism to ensure better signaling of its monetary policy stance, Governor P. Nandalal Weerasinghe said on Wednesday.The post Sri Lanka central bank to consider a single policy rate mechanism appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.20095815

Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year.The post Japan urges early signing of debt MoU between Sri Lanka and creditors appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.100479074

Sri Lanka President Ranil Wickremasinghe officially declared open the new headquarters complex of Sri Lanka Air Force (SLAF) in Akuregoda, Battaramulla on January 01, 2024.The post Sri Lanka President opens new Headquarters of Sri Lanka Air Force appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.81388247

Sri Lanka’s Central Bank Governor Dr. Nandala Weerasinghe has emphasized the importance of the continuity of the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF).The post Sri Lanka’s Central Bank Governor says IMF agreement must be continued under any Government

- island.lk - Category : Breaking News - Relavancy : 0.22966646

Trade unions, some affiliated with political parties, are scheduled to meet on December 28, at the Postal Auditorium, Colomboto discuss ways and means to oppose privatisation of key sectors, including electricity, banking, insurance, telecom, and postal services. Trade union representatives said that they felt the urgent need to reach a consensus on an overall plan […]

- onlanka.com - Category : Breaking News - Relavancy : 0.22966646

Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.81388247

Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared

- adaderana.lk - Category : Breaking News - Relavancy : 0.976659

President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program and cautioned against engaging in rhetoric merely for public appeasement without shouldering responsibilities.

- island.lk - Category : Breaking News - Relavancy : 0.81388247

ECONOMYNEXT –Sri Lanka’s Constitutional Council is making rules to select and appoint commissioners to the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and International Monetary Fund report said. Sri Lanka has “committed to ambitious governance reforms based on key

- onlanka.com - Category : Breaking News - Relavancy : 0.38516235

The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue targets set under the programme, an official said on Wednesday.The post Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official appeared first on ONLANKA - Sri Lanka Latest Bre...

- island.lk - Category : Breaking News - Relavancy : 0.81388247

In a special statement to Parliament today (13), President Ranil Wickremesinghe emphasized the critical role of the government’s program, backed by assistance from the International Monetary Fund (IMF) and debt restructuring, in rebuilding the collapsed Sri Lankan economy. The President warned

- onlanka.com - Category : Breaking News - Relavancy : 0.17224984

Sri Lanka currently imports most of its energy needs, including oil, coal and hydrocarbons. To ease the economic burden, the island nation aims to generate 70% of its electricity from renewable sources by 2030.The post Sri Lanka approves nuclear power plant construction with Russia as top contender appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.651106

The International Monetary Fund (IMF) said its executive board cleared the first review of Sri Lanka's about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from the country's worst financial crisis in decades.The post IMF board approves first review

- colombogazette.com - Category : Breaking News - Relavancy : 0.81388247

The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of approximately US$ 337 million to Sri Lanka as part of a bailout package. The IMF said the Executive Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing

- island.lk - Category : Breaking News - Relavancy : 0.14354153

The ‘Civil Society Initiative on Anti-Corruption Reform for Economic Recovery,’ led by Transparency International Sri Lanka (TISL) and comprising Verité Research, Centre for Policy Alternatives (CPA), Sarvodaya Shramadana Movement, People’s Action for Free and Fair Elections (PAFFREL), and National Peace Council (NPC) yesterday said that there was an urgent need for political will and genuine [...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.11483323

[…]The post New Episodes Of Sri Lanka Political Theatre appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.11483323

Human Rights Watch (HRW) has accused Sri Lanka of ignoring the European Union’s (EU) GSP Plus requirements. Issuing a statement today, HRW said that the Sri Lankan authorities had detained nine ethnic Tamils under the country’s abusive counterterrorism law for commemorating those who died in the 1983-2009 civil war, Human Rights Watch said today.The Sri Lankan […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08612492

[…]The post Tamils Detained For Commemorating War Dead: 9 Held Under Abusive PTA appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.651106

Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.The post Sri Lanka to receive about $600 million ADB

- adaderana.lk - Category : Breaking News - Relavancy : 0.976659

Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.

- onlanka.com - Category : Breaking News - Relavancy : 0.11483323

A US-funded port project in Sri Lanka that is partly owned by a private group close to India’s ruling party could signal a new form of partnership to counter growing Chinese influence in the Indo-Pacific region.The post A China rivalry twist emerges in Sri Lanka’s new US-funded, Indian-built port appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.81388247

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

- onlanka.com - Category : Breaking News - Relavancy : 0.20095815

A group of Sri Lanka's creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan's Jiji News reported on Wednesday, without naming a source or giving any details.The post Creditor nations likely to agree on Sri Lanka debt restructuring – report appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...

- island.lk - Category : Breaking News - Relavancy : 0.14354153

The Lawyers’ Collective (LC) has strongly condemned what it calls President Ranil Wickremesinghe’s attempt to intimidate the Constitutional Council of Sri Lanka.LC has said in a media statement: “The Lawyers’ Collective strongly condemns the recent attempt by President Wickremesinghe to intimidate the Constitutional Council of Sri Lanka. In an authoritarian move, on 23 November 2023, […...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.11483323

[…]The post President Resists Independent Review Of His Nominees To High Posts By Constitutional Council appeared first on Colombo Telegraph.

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