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Sri Lanka's key inflation rate rose to 1.5% in October from 1.3% a month ago, the statistics department said on Tuesday.The post Sri Lanka’s key inflation rate rises to 1.5% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Rising food prices drive Sri Lanka inflation up to 4.2% in December (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 25.2% in May (Category: Breaking News)
By Dr. Dayantha Laksiri Mendis “Multilateral treaties are the bones and sinews of global politic, making it possible for states to move from talk through compromise to solemn commitment.”– Professor Thomas M. Frank BACKGROUND The UN system is the catalyst for the creation of multilateral treaties. It is the greatest achievement of the UN system […]
- Lanka deposits instruments of ratification of Comprehensive Nuclear-Test-Ban Treaty (Category: Breaking News)
- WHO taken hostage by global corporate network (Category: Breaking News)
- Ontario’s Bill 104 and Canada’s obligations to Sri Lanka (Category: Breaking News)
- UNHRC adopts Universal Periodic Review outcomes of Lanka, etc. (Category: Breaking News)
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
- Dhananath Fernando – determined to do much for Sri Lanka (Category: Breaking News)
- RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
[…]The post Addressing The Gender Gap In Unpaid Care Work appeared first on Colombo Telegraph.
- Requirement/Demands Of Women On International Women’s Day (Category: Breaking News)
- More Women In Politics For Better Politics (Category: Breaking News)
- More Women In Politics For Better Politics (Category: Breaking News)
- More Women In Politics For Better Politics (Category: Breaking News)
[…]The post Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth appeared first on Colombo Telegraph.
- Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) (Category: Breaking News)
- Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- The Geopolitical Enabling Of The Gotabaya Garrison State (Category: Breaking News)
Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa has voiced his displeasure over the recent Cabinet reshuffle that took place, deeming it a mere ‘change of posts’, as opposed to an effective solution to the issues Sri Lanka is currently facing.The post Namal Rajapaksa slams Cabinet reshuffle, says President should understand coalition politics appeared first on ONLANKA - Sri Lank...
- Namal slams Cabinet reshuffle, says President should understand coalition politics (Category: Breaking News)
- Mahinda Rajapaksa to form new alliance (Category: Breaking News)
- Basil likely to enter parliament during cabinet reshuffle – Dissanayake (Category: Breaking News)
- Basil likely to enter parliament during cabinet reshuffle – Dissanayake (Category: Breaking News)
By Sirimantha Rathnasekera Minister of Water Supply and Estate Infrastructure Development, and General Secretary of the Ceylon Workers Congress, Jeevan Thondaman during a meeting with the Director General of the International Labour Organisation (ILO) Gilbert F. Houngbo raised concerns pertaining to the Lankan migrant workers, ministry sources said. Minister Thondaman and his delegation embarked o...
- Minister Jeevan urges South Asian trade unions to embrace innovation and inclusivity (Category: Breaking News)
- CWC leader calls upon TUs to be innovative and inclusive (Category: Breaking News)
- Govt prepared to confront legal action from companies over estate workers wage hike - Jeevan (Category: Breaking News)
- CWC s 15-year relationship with Rajapaksas ends today Jeewan Thondaman (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to newspaper reports (The Island 16 October [1]), an NGO carrying the acronym MONLAR has accused that “the agricultural policies of successive governments have rendered millions of Lankans insecure”. It claims that “as of today, 5.3 million people in Sri Lanka are food insecure. This proves that what the government [̷...
- Education, culture and health of our rural population compromised (Category: Breaking News)
- MONLAR flays international lenders and govt., for making 5.3 mn Lankans food insecure (Category: Breaking News)
- Multi-sector combined mechanism launched to ensure food security and nutrition in Sri Lanka (Category: Breaking News)
[…]The post Climate Change: A Red Flag For Environmental Security In Sri Lanka appeared first on Colombo Telegraph.
- The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
Sri Lanka should aim to get state revenues more than 12 percent of gross domestic product and avoid revenue shortfalls next year, International Monetary Fund Senior Mission Chief Peter Breuer said. Sri Lanka projected revenues (including non-tax) of 3,408 billion rupee (11.3 -pct of GDP) and the IMF 3,286 billion rupees (about 10.9-pct).Up to July […]
- Smokers, drinkers hit by index linked taxes (Category: Breaking News)
- IMF says increasing revenue of paramount importance for Sri Lanka; defends VAT hike (Category: Breaking News)
- 93 percent jump in tax collection in first half of this year (Category: Breaking News)
- New IMF funds for Sri Lanka may be delayed as review sees revenue shortfall (Category: Breaking News)
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
- China pledges steadfast support to Sri Lanka (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- China remains the most sincere and reliable friend of Sri Lanka – Ambassador (Category: Breaking News)
- President Wickremesinghe places his trust on Xi Jinping (Category: Breaking News)
[…]The post Online Safety Bill & Anti-Terror Bill – Law Making To End Democracy & Fundamental Rights Of Sri Lankan Citizens appeared first on Colombo Telegraph.
- Saying No To Authoritarian Governance (Category: Breaking News)
- President Wickremesinghe, The Current Pohottuwa Government & The Way Forward – A Call From Citiz... (Category: Breaking News)
- Civil Society Condemns Abuse Of ICCPR (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and expenditure, the IMF mission chief for the country said on Friday.The post IMF wants strong budget, narrower deficit from Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF wants strong budget, narrower deficit from Sri Lanka (Category: Breaking News)
- IMF warns about budget deficit (Category: Breaking News)
- IMF commends Sri Lanka's commitment to reduce budget deficit, change in policy rates (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
Sri Lanka today said it was confident of reaching a Staff Level agreement with the International Monetary Fund (IMF) to secure around US$338 million. State Minister of Finance Shehan Semasinghe told Parliament that multiple discussions have taken place between the IMF and Sri Lanka in recent weeks. He said that based on the ongoing discussions […]
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- IMF wants Sri Lanka to provide more relief to the poor (Category: Breaking News)
China today assured medium and long-term support for Sri Lanka, during talks between President Ranil Wickremesinghe and Chinese Finance Minister Liu Kun. The Chinese Finance Minister reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s […]
- Chinese Finance Minister assures extensive commitment to enhance Sri Lanka s credit optimization (Category: Breaking News)
- Chinese Finance Minister assures an extensive commitment from China to enhance Sri Lanka’s credi... (Category: Breaking News)
- China committed to enhance Sri Lanka’s credit optimization – Chinese Finance Minister (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
Chinese Finance Minister, Liu Kun, has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s debt.The post Chinese Finance Minister assures an extensive commitment from China to enhance Sri Lanka’s credit optimization appeared first on ONLANKA ...
- China assures commitment towards Sri Lanka’s debt restructuring process (Category: Breaking News)
- Chinese reaffirms support for Sri Lanka’s economic recovery (Category: Breaking News)
- Chinese Finance Minister assures extensive commitment to enhance Sri Lanka s credit optimization (Category: Breaking News)
- Sri Lanka Prime Minister meets Chinese President Xi Jinping (Category: Breaking News)
The agricultural policies of successive governments have rendered millions of Lankans insecure, Movement for Land and Agricultural Reform (MONLAR) has said in a media statement. Historically, the major victims of these policies have been smallholder food producers and the members of the plantation community. However, during the past two years, due to the restrictions on […]
- MONLAR, a force for food insecurity, now blames 70-years of government! (Category: Breaking News)
- Sri Lankan farmers raise concerns over govt.’s agricultural policies (Category: Breaking News)
- Udawalawe reservoir almost empty (Category: Breaking News)
- MONLAR: SL has lost million hectares of forest cover since 1960 (Category: Breaking News)
Let us set the record straight, officially Retired Rear Admiral Sarath Weerasekera recently declared that in his capacity as Chairman of the Sectoral Oversight Committee on National Security he would present to President Ranil Wickremesinghe a comprehensive report on how the war was conducted. The recent US denial of a visa to Adm. Weerasekera underlines […]
- Prez recalls debilitating Elephant Pass setback at Reid Avenue talk (Category: Breaking News)
- A message from Keith Noyahr at the launch of ‘Notes from the battlefield’ (Category: Breaking News)
- Blind security sector reforms: (Category: Breaking News)
- Vanni war and Israel-Gaza conflict: Funding catastrophes (Category: Breaking News)
by Amal de Chickera At the very centre of the catastrophe, are the people of Gaza themselves, caged in, bombed out, starved, parched, killed. Palestinians in the West Bank and East Jerusalem, the Palestinian diaspora, Israeli allies who are anti-occupation, anti-authoritarianism and pro-peace, citizens of the world with a conscience – all of us are […]
- The mathematics of Israel (Category: Breaking News)
- Mid-East violence underscores need for Two-State solution (Category: Breaking News)
- The Cauldrons We Make (Category: Breaking News)
- SLMC condemns all forms of violence (Category: Breaking News)
Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several Sri Lankan insurers and removed them from Rating Watch Negative (RWN). The outlook is ‘Stable’.The post Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Fitch downgrades seven Sri Lankan insurers’ national IFS ratings (Category: Breaking News)
- Fitch downgrades long-term ratings of 10 Sri Lankan Banks (Category: Breaking News)
- Fitch Ratings downgrades ratings of seven Sri Lankan insurers (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
This week, China is throwing a huge party to celebrate one of its biggest experiments in engaging with the world: its Belt and Road Initiative (BRI). Officials and leaders from all over the globe are in Beijing to attend a high-level summit marking the BRI’s 10th anniversary. Participants expected to show up range from Vladimir […]
- Beijing subway crash leaves 102 with broken bones (Category: Breaking News)
- Biden and Xi Jinping to meet in California (Category: Breaking News)
- Inside the deadly instant loan app scam that blackmails with nudes (Category: Breaking News)
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
by M. Rizwan Muzzammil According to an article in ‘The Diplomat’ (2nd Oct., 23), the Sri Lankan government has committed to supplying 70% of its domestic electricity, with renewable energy sources, by 2030, with the longer-term goal of achieving a fully renewable electricity supply by 2050. The government is incentivised by “debt-for-renewables swap”, which enables […]
- Need for manufacturer-authorized brand new EVs stressed (Category: Breaking News)
- Ukraine, brandy and EVs top the agenda on Xi’s charm offensive (Category: Breaking News)
- World faces stark choice at Rio+20, warns UN Report (Category: Business)
- Sri Lanka’s energy sector at risk: Calls for diversification amidst Chinese investments (Category: Breaking News)
The Beijing’s Belt and Road Initiative projects in Sri Lanka have not only laid a solid foundation and provided strong impetus for Sri Lanka to get out of the economic crisis and resume economic and social development, but also created thousands of jobs for local people, Chinese Ambassador Qi
- India, SL for increased cooperation in tourism (Category: Breaking News)
- India promises IT Park for Sri Lanka (Category: Breaking News)
- India promises IT Park for Sri Lanka (Category: Breaking News)
- Sri Lanka needs more marinas (Category: Breaking News)
Sri Lanka's private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond designed to ease repayments in case of future economic pressure, said two sources with direct knowledge of the matter.The post Sri Lanka bondholders sent $12 billion debt rework proposal to government, sources say appeared first on ONLANKA - Sri Lanka Latest Breaking ...
- Sri Lanka’s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
Friday 13th October, 2023 A model parliamentary session held by a group of schoolchildren from Ratnapura, at the Presidential Secretariat, on Tuesday, has received much publicity. President Ranil Wickremesinghe, addressing the students, asked them to suggest solutions to their problems. The government was willing to consider them, he added. Tuesday’s event has come in for […]
- Road accidents have claimed lives of 115 children so far this year (Category: Breaking News)
- New school admissions dropped by 40,000 in 2023 (Category: Breaking News)
- Parliamentary Caucus for Children to meet next week (Category: Breaking News)
- Dengue spreading fast among children; docs ask parents to remain vigilant (Category: Breaking News)
By Uditha Devapriya One of Sri Lanka’s most distinguished yet underrated economists, S. B. D. de Silva died five years ago, on June 15. His magnum opus, The Political Economy of Underdevelopment, remains as underrated and under-read – one could say unread – as he. First published by Routledge in 1982, The Political Economy of […]
- SLPP MP asks FM for clarification (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- COPF: Tax concessions granted to BoI enterprise should be scrutinised (Category: Breaking News)
- Sirisena floats broader coalition under UPFA umbrella (Category: Breaking News)
Sri Lanka has reached an agreement with the Export-Import Bank of China to cover about $4.2 billion of the island nation's outstanding debt, its finance ministry said in a statement on Thursday.The post Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- China says Exim Bank and Sri Lanka reached preliminary debt deal (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain (Category: Breaking News)
- Sri Lanka expects financing assurances from China for IMF deal within days (Category: Breaking News)
… asks for early cross-party consensus By Shamindra Ferdinando Former Governor of the Central Bank Dr. Indrajith Coomaraswamy yesterday (11) threw his weight behind the International Monetary Fund’s (IMF) call for far reaching measures meant to stabilize the economy. The Washington headquartered lending agency recently suspended the US 2.9 bn bailout package, pending an agreement […]
- CBSL chief expresses optimism (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- Talks between IMF and Sri Lanka kick off (Category: Breaking News)
- IMF team to visit Sri Lanka by month-end for staff-level agreement (Category: Breaking News)
Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been informed about any specific agreements, its mission chief for the country said on Wednesday.The post Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Debt restructuring making progress in countries such as Sri Lanka – IMF (Category: Breaking News)
- IMF board poised to approve $2.9 billion Sri Lanka bailout (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
- IMF remains hopeful of Sri Lanka securing all financing assurances soon to unlock funding (Category: Breaking News)
USD 73 mn down the drain? The US Embassy is on record as having said that USAID conducted a project at a cost of USD 73 mn during the Yahapalana administration (2015-2019) to enhance the efficiency of lawmakers and be responsive to the people they represent. In terms of this project, 50 Research Assistants of […]
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- Deputy Speaker finds fault with media over ‘insufficient coverage’ of Parliament (Category: Breaking News)
- Growing foreign dependency and India’s USD 4 bn lifeline (Category: Breaking News)
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