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[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
[…]The post Staggered Reform To Save Country From Peril appeared first on Colombo Telegraph.
Sri Lanka is to seek assistance from Paris Club lenders and the G7, Minister of Foreign Affairs Professor G.L. Peiris said. Foreign Minister Peiris requested continued support from Japan, both bilaterally and through multilateral channels, to mitigate the economic challenges in Sri Lanka. Minister Peiris explained that the Government of Sri Lanka will seek assistance […]
Food prices up 57-pct over 12-months and 86-pct since inflationary policy began in Aug 2019
“We support the decision to appoint committees. We will support it,” Gammanpila said.
[…]The post A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? appeared first on Colombo Telegraph.
By N Sathiya Moorthy Now that Prime Minister Ranil Wickremesinghe’s Cabinet has taken some substantial if not final shape, the question arises if the old wine in an older bottle or bottles tastes matured or sour. That it’s only old wine in older bottle or bottles, there can be no two opinions about it. But […]
Prime Minister Ranil Wickremesinghe has proposed appointing a National Council consisting of the Speaker, the Prime Minister, the Leader of the Opposition and leaders of the major political parties. The National Council will talk about the policies of the country, about the decisions taken by the Cabinet and about the reorganization of the Parliament of […]
[…]The post Never-Ending Political Games; Country Is At Peril appeared first on Colombo Telegraph.
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
By Easwaran Rutnam India and Japan have decided to cooperate to address the crisis in Sri Lanka, the Japanese Foreign Ministry said. The agreement was reached at a meeting between Japanese Prime Minister KISHIDA Fumio and the Prime Minister of India Narendra Modi. The two met at a Japan-India
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]
The Prime Minister's office was targeted by the protesters for the first time.
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
The International Monetary Fund (IMF) says it will formulate concrete measures under an IMF-supported program and broader stakeholders to support a timely resolution for the ongoing crisis in Sri Lanka.
The company wants to double its already existing 480 waste plastic collection centres.
Sri Lankan President Gotabaya Rajapaksa on Thursday called for the international community to help his country overcome a crisis that has pushed it to the brink of economic collapse, with mounting...Click on the headline to read the full story
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
By Easwaran Rutnam The Committee on Public Enterprises (COPE) has proposed appointing a special Parliament Select Committee to probe the causes behind the economic crisis. COPE has also proposed investigating the officials and others who neglected their duties and are responsible for the crisis
The central bank has tightened the monetary policy, allowed sharp depreciation in the rupee to attract dollar inflows
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“What the international community is looking for is long-term policy credibility and sustainability."
[…]The post Recent Political Violence And Its Consequences appeared first on Colombo Telegraph.
Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
The USAID will closely work with other donors such as the International Monetary Fund (IMF), the World Bank, G7 countries, and other stakeholders to support Sri Lanka during this extraordinarily difficult period, the agency s administrator Samantha Power has assured Prime Minister Ranil Wickremesinghe.