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The Election Commission (EC) has decided it has no legal mandate to resolve the internal crisis of the Sri Lanka Freedom Party. The Commission members met on Thursday (18) to decide on the claims and counter-claims made by the two factions of the SLFP about the recent appointments made by a section of the party’s […]
- Election body says it cannot intervene to resolve SLFP s infighting (Category: Breaking News)
- Battle for SLFP leadership gets down and dirty (Category: Breaking News)
- Plan to entangle Maithri in a corruption case (Category: Breaking News)
- Injunction against Sirisena as SLFP Chairman extended (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe expressed his firm conviction in his ability to shape Sri Lanka into the country that the nation’s youth envision.The post President says he will build a Sri Lanka that the youth aspire to appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- President joins Sinhala and Tamil New Year celebrations in Nuwara Eliya (Category: Breaking News)
- President attends Sinhala and Tamil New Year festivities in Nuwara Eliya (Category: Breaking News)
- President Participates in Sinhala and Tamil New Year Festivities Organized by the Nuwara Eliya M... (Category: Breaking News)
- Prez offers to convert N’Eliya Post Office into a hotel (Category: Breaking News)
Friday 19th April, 2024 One wonders whether the Parliament of Sri Lanka, which is full of self-righteous members who moralise to the point of queasiness, has taken upon itself the task of serving as a moral compass of sorts for the nation. Its sessions are characterised by endless tub-thumping. During the past several weeks, Parliament […]
- Duty-free permits for lawmakers and House officials: Govt. sidesteps several RTI queries (Category: Breaking News)
- Some MPs get impatient with delay in issuing their duty-free vehicle permits (Category: Breaking News)
- No current MPs have requested for duty free vehicle permits  Acting Finance Minister (Category: Breaking News)
- Search for true democracy (Category: Breaking News)
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 […]
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
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...
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
[…]The post Dr A .T. Ariyaratne Has Passed: My Memories Of Him To The Mid-1990s appeared first on Colombo Telegraph.
- War, Peace & Lies (Category: Breaking News)
- Dr. A.T. Ariyaratne passes away (Category: Breaking News)
- ආචාර්ය ඒ ටී ආරියරත්න අභාවප්රාප්ත වෙයි: 1990 දශකයේ මැද දක්වා ඔහු ගැන මා සතු මතක සටහන් (Category: Breaking News)
- A Tribute To Mrs Sriya Malathi Gunasekera, Wife Of Late Comrade Prins Gunasekera (Category: Breaking News)
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.
- IMF ready to support Sri Lanka s discussions with bondholders (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- Sri Lanka hoping to continue talks with bondholders after consulting IMF (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The National People’s Power (NPP) has stated that if it comes into power, it will set up a special judicial commission to further investigate the Easter Sunday attacks based on findings from previous inquiries.The post NPP promises justice for Easter Attack victims with special Judicial Commission appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- NPP gives Cardinal written assurance over Easter attacks (Category: Breaking News)
- NPP presents 7-point pledge on Easter Sunday Attack to Cardinal Ranjith (Category: Breaking News)
- Three Years Since Easter Bombings, Yet No Justice In Sight! (Category: Breaking News)
- Low compensation paid for Easter attack victims? (Category: Breaking News)
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 ...
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- Sagala meets with IMF representatives to discuss prior actions and debt restructuring (Category: Breaking News)
- India commits to help Sri Lanka on debt in prospective IMF program (Category: Breaking News)
[…]The post Waging Peace! appeared first on Colombo Telegraph.
- The National People’s Power (NPP) (Category: Breaking News)
- Oh! Gaza, Oh! Palestine (Category: Breaking News)
- When I Become The President (Category: Breaking News)
- Is It Religious Extremism & Propagated For What? (Category: Breaking News)
The Asian Development Bank (ADB) has highlighted the critical role of addressing gender inequality in achieving Sri Lanka's ambitious growth targets.The post ADB urges Sri Lanka to address gender inequality to boost economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB forecasts 8% GDP growth (Category: Breaking News)
- ADB provides Sri Lanka access to concessional financing (Category: Breaking News)
By Shamindra Ferdinando National Freedom Front (NFF) MP Gamini Waleboda yesterday (16) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should re-examine its stand on the Committee on Public Enterprises (COPE) without delay or face the consequences. Ratnapura District MP Waleboda, who contested the last parliamentary election on the SLPP ticket, alleged that the […]
- Resignation contagion (Category: Breaking News)
- SJB boycotts COPE (Category: Breaking News)
- Ex-COPE chief denies he was behind prorogation of Parliament (Category: Breaking News)
- Prof. Ranjith Bandara elected new COPE chairman (Category: Breaking News)
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
Sri Lanka informed the G-24 Finance Ministers and Central Bank Governors that the country’s economy has now stabilised. State Minister of Finance Shehan Semasinghe told the delegates during the IMF/WB Spring meetings in Washington that the growth momentum in Sri Lanka has commenced. “Highlighted the deep and wide ranging economic reform programme adopted to address […]
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
- Indigo commences direct flights between Mumbai-Colombo (Category: Breaking News)
- Protest staged in parts of Sri Lanka on Independence Day (Category: Breaking News)
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 ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
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 […]
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bill to trim president’s powers likely to become law within weeks (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
- Conundrum Of Elections & IMF Programme (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
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 […]
- Sri Lanka university lecturers want their issues resolved before admitting more students to univ... (Category: Breaking News)
- Seminar to be held to create awareness against leadership training programme for Sri Lankan univ... (Category: Breaking News)
- 10200 American scholarships on distant English learning for Univ. students. (Category: Breaking News)
- Sri Lanka to set up a Buddhist Univ. in Sanchi (Category: Breaking News)
Sri Lanka is looking forward to making progress in ending the ongoing debt restructuring negotiations at the IMF and the World Bank’s spring meetings, scheduled to begin from Monday, in Washington, PTI has reported. Shehan Semasinghe, the State Minister for fFnance, will lead the government delegation, along with Central Bank Governor Nandalal Weerasinghe, and Treasury Secretary […]
- President now expects IMF bailout next month (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- Will strongly support Sri Lanka on debt restructuring - IMF chief (Category: Breaking News)
- IMF working very hard to press for urgent debt resolution for countries like Sri Lanka - IMF chief (Category: Breaking News)
The “uncertainty” over the impending elections in Sri Lanka will cause a possible downward trend in the country’s economic outlook, the Asian Development Bank (ADB) has said, according to a PTI dispatch. Sri Lanka is set to face a presidential election in the last quarter of this year, while the parliamentary election is due mid-next year. […]
- Economic growth of 1.8% is expected in 2024 - Semasinghe (Category: Breaking News)
- President at Economic Summit 23 underscores need for radical economic restructuring (Category: Breaking News)
- JVP unveils its economic policy today (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
[…]The post Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II appeared first on Colombo Telegraph.
- Debate Over Profits Of Banks: Who Shares Them Ultimately? (Category: Breaking News)
- Lending In A Recession: Banks Should Do Venture Capital Financing For Startups (Category: Breaking News)
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
[…]The post The Impact Of The Next Election On The Economic Reforms appeared first on Colombo Telegraph.
- Elections & Economic Recovery (Category: Breaking News)
- Country Has Fallen Due To The Socialist Thinking (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
By N Sathiya Moorthy For political moves to succeed, the timing is as important as the decision – and also the initiator. Only the coming days and weeks will show if Ministers Susil Premajayantha, Prasanna Ranatunga, Ali Sabry & Co got their timing right in announcing their outright support for incumbent Ranil Wickremesinghe’s re-election bid […]
- Namal replaces Basil as SLPP National Organiser (Category: Breaking News)
- Ranil to contest the next Presidential election (Category: Breaking News)
- Mahinda insists he cannot contest next presidential polls (Category: Breaking News)
- Old Wine in Older Bottles (Category: Breaking News)
[…]The post How Long Can The People Be Fooled? appeared first on Colombo Telegraph.
- Are Buddhist Research Studies Task Oriented? (Category: Breaking News)
- Buddha: The Scientist Of Suffering & Existence (Category: Breaking News)
- Radical Spiritual Voice Amplified Through Social Media (Category: Breaking News)
- Exploring Interfaith Dialogue & Cooperation: Sri Lanka’s Religious Landscape (Category: Breaking News)
Senior Congress leader P Chidambaram said the ruling BJP has been raising the “closed issue” of Katchatheevu to gain political ground ahead of the Lok Sabha polls, which would “gravely harm the interests of the millions of Tamil-speaking people in Sri Lanka”. Chidambaram said the issue may create a situation of confrontation between the Tamils […]
- US bridge collapses after being hit by Colombo bound ship (Category: Breaking News)
- Modi says India greatly sensitive to Sri Lanka’s needs (Category: Breaking News)
- Nissanka ton helps Sri Lanka level Bangladesh series (Category: Breaking News)
- Sri Lankans fear deportation under proposed Australian migration bill (Category: Breaking News)
[…]The post Planning For A Year Of Elections appeared first on Colombo Telegraph.
- Trump-Ramasamy Ticket GOP’s Best Bet In 2024; US Events Will Affect The Whole World (Category: Breaking News)
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP (Category: Breaking News)
The International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as its Managing Director for a second five-year term starting on October 1, 2024.The post Kristalina Georgieva selected for second term as IMF’s Managing Director appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Kristalina Georgieva selected to serve as IMF MD for second term (Category: Breaking News)
- Kristalina Georgieva selected for second term as IMF s Managing Director (Category: Breaking News)
- IMF’s Georgieva to travel to China at end of March – IMF sources (Category: Breaking News)
- IMF working with multilateral lenders on financing programmes 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 but must maintain reform momentum: ADB appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- 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)
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