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Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s Foreign Ministry said, confirming a Reuters report earlier this week. EXIM offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according […]
- China proposes setting up radar base in Sri Lanka (Category: Breaking News)
- Sri Lanka having regular consultations with US on China (Category: Breaking News)
- Sri Lanka seen as China’s top option for naval base (Category: Breaking News)
- China pushes its interest after debt restructuring pledge to Sri Lanka (Category: Breaking News)
China s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China s foreign ministry said on Thursday, confirming a Reuters report earlier this week.
- Resource Conflict (Category: Business)
- China's female astronaut quandary (Category: Technology)
- Full Ahead (Category: Business)
- Brief analysis of Corrupt Public Expenditure in Sri Lanka (Category: Breaking News)
Former State Minister Nalaka Godahewa and two others, the accused in a case filed against the alleged misappropriation of state funds were acquitted and released by the Colombo High Court today (January 26).The post Nalaka Godahewa acquitted and released from fund misappropriation case appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Nalaka Godahewa two others acquitted in misappropriation case (Category: Breaking News)
- Godahewa acquitted in case on misappropriation of funds (Category: Breaking News)
- Basil Rajapaksa & 03 others acquitted and released (Category: Breaking News)
- Basil Rajapaksa & 03 others acquitted and released (Category: Breaking News)
Debt-ridden Sri Lanka on Wednesday (January 25) thanked India for issuing the necessary guarantees sought by the IMF that would help Colombo to unlock the USD 2.9 billion bailout package.The post Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Creditor cooperation a must for Sri Lanka’s IMF programme – Government (Category: Breaking News)
- IMF remains hopeful of Sri Lanka securing all financing assurances soon to unlock funding (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
Parliamentarian Nalaka Godahewa was acquitted today in the case on the misappropriation of Rs. 5 million in state funds. Godahewa and two others were acquitted and released by the Colombo High Court when the case was heard today. They were accused of misappropriating Rs. 5 million belonging to the Securities Exchange Commission (SEC) by using […]
- Wimal Weerawansa acquitted in passport case (Category: Breaking News)
- Mahindananda acquitted in money laundering case (Category: Breaking News)
- Basil and Nadesan acquitted in Malwana property case (Category: Breaking News)
- Two accused over assassination of Jeyaraj Fernandopulle acquitted (Category: Breaking News)
While implementing complex programmes such as the International Monetary Fund (IMF), difficult decisions related to it should be implemented regardless of who is in power, Central Bank Governor Dr. Nandalal Weerasinghe said on Wednesday (January 25).The post IMF process should continue whoever is in power – Central Bank Governor appeared first on Sri Lanka News - Latest Breaking News in Sri ...
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
India is set to celebrate its 74th Republic Day today (26) with a colourful parade displaying military might and cultural diversity. The public holiday marks the anniversary of India officially adopting its constitution, making it a sovereign republic. Its highlight is a parade which is held in capital city Delhi and telecast live across the […]
- Man arrested after 4 July mass shooting in US (Category: Breaking News)
- Russia denies it plans to declare war on 9 May (Category: Breaking News)
- Cuba cancels May Day parade because of fuel shortages (Category: Breaking News)
- Queen pulls out of Platinum Jubilee service (Category: Breaking News)
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri Lanka has prioritized the need to sustain […]
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
- Oman-Sri Lanka Relations As Seen By Diplomat O.L. Ameer Ajwad (Category: Breaking News)
- Iran, Sri Lanka stress enhancing banking, trade ties (Category: Breaking News)
By Hiran H. Senewiratne The Central Bank did not contract the economy by hiking interest rates, but prevented a further contraction and possible hyper- inflation by stabilizing the external sector with high rates, Central Bank Governor Dr. Nandalal Weerasinghe said. “The Central Bank by tightening monetary policy, minimized the damage that was going to happen […]
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
- Encouraging inflation figures mean current interest rates can continue - CB Governor (Category: Breaking News)
By Sanath Nanayakkare Governor of the Central Bank Dr. Nandalal Weerasinghe said yesterday that the CBSL was not in any way connected to the matter of holding local government elections. Dr. Weerasinghe said so responding to a question from journalists as to how the Central Bank viewed the possibility of holding the local government elections […]
- People benefitting from CBSL governor s decisions- Sabry defends Dr. Weerasinghe (Category: Breaking News)
- Economic situation will worsen if political stability is not established soon  CBSL chief (Category: Breaking News)
- Talks between IMF and Sri Lanka kick off (Category: Breaking News)
- Second DDO possible if targets of current one not achieved  CBSL governor (Category: Breaking News)
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