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Indian External Affairs Minister Dr. S. Jaishankar has encouraged Indians to visit Sri Lanka if they want to travel overseas on holiday. He also noted that India’s assistance to Sri Lanka during its economic crisis has played a key role in enhancing India’s image among Sri Lankan citizens. “My first advice to you, the next […]
The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]
Verité Research has observed delays in governance and transparency reforms in Sri Lanka’s initial commitments under its International Monetary Fund (IMF) bailout programme, even though it has met most of its commitments. Verité Research, which tracks Sri Lanka’s progress under the Extended Fund
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
Sri Lanka President Ranil Wickremesinghe emphasized that Sri Lanka cannot simply rule out the relationship with the International Monetary Fund (IMF), referring to the complications that may arise if a decision is taken to do so.The post Sri Lanka cannot simply withdraw from IMF – President
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading
A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms, Human Rights Watch’s (HRC) Meenakshi Ganguly has said in a statement. The law would seriously threaten the right to freedom of expression as […]
By Meenakshi Ganguly A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms. The law would seriously threaten the right to freedom of expression as Sri Lanka prepares for parliamentary and presidential elections […]
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
[…]The post Sri Lanka’s Proposed Internet Law Threatens Upcoming Elections appeared first on Colombo Telegraph.
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The National Peoples Power (NPP) says if it comes to power it will continue to work with the International Monetary Fund (IMF) and look to make changes to the current agreement with Sri Lanka. NPP MP Vijitha Herath said that the main opposition Samagi Jana Balawegaya was concerned over talks held
ECONOMYNEXT –Sri Lanka’s economy is starting to recover under a stabilization program, and further progress has to be made on debt restructuring while monetary policy decisions have to be prudent to keep inflation down, an International Monetary Fund official has said. “A swift completion
The economic reform programme, implemented by the Sri Lankan authorities is yielding the first signs of recovery with positive real GDP growth in the third quarter of 2023, low inflation, increased revenue collection, and a build-up of external reserves, the IMF has said. Staying the course on the reform agenda is necessary for this stabilization […]
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer visited Sri Lanka from January 11 to January 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement.The post IMF staff concludes visit
The International Monetary Fund (IMF) says it is critical for Sri Lanka to swiftly complete the final agreements with the official creditors and reach a resolution with the external private creditors.
Although Sri Lanka s macro economy is gradually stabilizing, the country s economic recovery process is still in the infancy level and has yet to reach the broader population, says Peter Breuer, the Senior Mission Chief of the International Monetary Fund (IMF) to Sri Lanka.
The Leader of the Opposition Sajith Premadasa has met with a group of representatives of the International Monetary Fund (IMF) who are on an official visit to Sri Lanka.
The IMF representatives emphasised how important it is to carry out the reforms precisely as intended, while the Acting Minister of Finance, Hon. Shehan Semasinghe, expressed satisfaction with the progress of the reforms that Sri Lanka is implementing under his directions to overcome the economic crisis.
Senior Mission Chief of the International Monetary Fund (IMF) for Sri Lanka Peter Breuer and other IMF officials met with Minister of Power and Energy Kanchana Wijesekera on Wednesday (17 Jan.).
At a discussion at the World Economic Forum (WEF) stakeholder dialogue titled ‘Pulling back from the brink,’ held in Kurpark Village, Aspen, President Ranil Wickremesinghe outlined short-term strategies aimed at revitalizing Sri Lanka’s economy. Emphasizing tourism promotion, agricultural modernization and a focus on renewable energy, the President expressed the country’s eagerness to attract new ...
The International Monetary Fund (IMF) has commended the economic reform endeavors pursued by Sri Lanka. The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva met President Ranil Wickremesinghe on the sidelines of the World Economic Forum in Davos, Switzerland
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva commended the economic reform endeavors pursued by Sri Lanka during a meeting with President Ranil Wickremesinghe at the World Economic Forum in Davos, Switzerland.
[…]The post The Eyewash Of Doctors’ Salary Increased By 35000 Rupees appeared first on Colombo Telegraph.
By M. Rodwan Abouharb Associate Professor in International Relations, UCL and Bernhard Reinsberg Reader in Politics, University of Glasgow Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3
Jio Platforms, the telecom arm of Reliance Industries, has expressed interest in buying a stake in Sri Lanka Telecom PLC, the state-owned telecommunication company.The post Mukesh Ambani is taking his telecom playbook to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Sri Lanka Supports US War-Mongers Against Houthis appeared first on Colombo Telegraph.