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[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
[…]The post Sri Lanka’s Political Landscape: Navigating A Tripartite Contest appeared first on Colombo Telegraph.
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
Maldives President Mohamed Muizzu’s political party won 70 seats and secured a “super majority” in the parliamentary elections, seen as a strong endorsement of his pro-Beijing foreign policy, as both India and China closely watched the polls amidst regional power dynamics in the archipelago nation, preliminary results suggested on Monday. Muizzu-led People’s National Congre...
[…]The post Corruption In Sri Lanka – Some Random Reflections appeared first on Colombo Telegraph.
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe declared the government’s commitment to ensuring inclusivity in strengthening the country’s economy, prioritizing both economic growth and citizen welfare.The post Sri Lanka President initiates monthly rice distribution for low-income families appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve appeared first on Colombo Telegraph.
[…]The post Colonial Legacies: Cultural Imperialism & The Fracturing Of Ethnic Identities appeared first on Colombo Telegraph.
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific said this when he met State Finance Minister Shehan Semasinghe and the island nation’s Central […]
by Rajan Philips As Sri Lankans took time off to mark the national New Year last week, Iran launched a spectacle of drone and missile attacks against Israel. This was the first direct attack by Iran on Israel after the Islamic Revolution in 1979. Until now Iran has been using proxies to harass Israel – […]
So, the Sinhala and Tamil New Year came and went. Cassandra has used a Sri Lankan colloquial manner of pronouncing that an anticipated event was marked and ended. The high temperatures however prevail, though mercifully tempered by afternoon showers. Everyone except drug dealers and politicians were struggling against strangulating pecuniary difficulties, but of course last […]
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent with the parameters of the IMF-supported program and official creditors’ Comparability of Treatme...
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Reuters reports that Sri Lanka intends to engage with the International Monetary Fund (IMF) to determine if its recent debt restructuring proposals align with the terms of its financial aid program, according to a statement from the finance ministry on Wednesday.The post Sri Lanka consults IMF after rejecting debt restructure proposal appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
A statement by academics of the university system We are in the midst of an existentially threatening economic crisis. With an ever-increasing debt burden and low economic prospects, we continue to grapple with uncertain economic futures and related social and political distresses. As university teachers, we are concerned about the multiplicity of recent proposals seeking […]
[…]The post The Impact Of The Next Election On The Economic Reforms appeared first on Colombo Telegraph.
860,000. That’s the number of Pakistanis who left their country in 2023, and the trend of departing from Pakistan is likely to continue this year. The number is the highest in almost a decade. The previous year almost 800,000 professionals left Pakistan. The figure was released by Pakistan’s Bureau of Emigration and Overseas Employment (BEOE). […]
[…]The post How Long Can The People Be Fooled? appeared first on Colombo Telegraph.