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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)
President Ranil Wickremesinghe assured solutions to plantation workers during a walk along the Pekoe Trail in Nuwara Eliya. The “Pekoe Trail” spans 300+ km through the Central Highlands of Sri Lanka, regarded as one of Asia’s best-kept secret routes. Originating from the renowned city of Kandy, it extends south towards the Hatton and Horton Plains […]
- Sri Lanka to hold Foreign Office Consultations with Kazakhstan (Category: Breaking News)
- SLFP warring parties meet at Sirimavo’s birth anniversary event (Category: Breaking News)
- India lifts export ban on onions for Sri Lanka (Category: Breaking News)
- Probe sought on Piumi Hansamali’s assets (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)
Sri Lankan President Ranil Wickremesinghe emphasized the government’s commitment to leading Sri Lanka towards prosperity by 2048 through transformative changes in modern agriculture, tourism, and the energy sector.The post Sri Lanka President calls on youth to lead nation forward through Government initiatives appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Ranil Wickremesinghe named as next candidate of UNP for Presidential Election 2024 (Category: Breaking News)
- Sri Lanka President’s 2023 New Year Message (Category: Breaking News)
- Sri Lanka President arrives in New York to attend the 78th session of the United Nations General... (Category: Breaking News)
- 2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated – World Bank (Category: Breaking News)
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
- Inflation – Public Enemy Number One (Category: Breaking News)
- Central Bank expects economy to contract in second half of 2022 as well (Category: Breaking News)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- World Bank says Sri Lanka still faces elevated poverty levels (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank warns Sri Lanka’s economic crisis deepening (Category: Breaking News)
- World Bank approves $700 million in financing support for Sri Lanka (Category: Breaking News)
Turkey’s main opposition party has claimed big election victories in the main cities of Istanbul and Ankara. The results are a significant blow for Recep Tayyip Erdogan, who had hoped to regain control of the cities less than a year after he claimed a third term as president. He led the campaign to win in […]
- Biden expects Iran to attack Israel ‘sooner than later’ (Category: Breaking News)
- Four dead as strongest earthquake in 25 years hits Taiwan (Category: Breaking News)
- Israel’s Netanyahu says defences are ‘ready’ as Iran attacks (Category: Breaking News)
- Delhi’s chief minister arrested over corruption claims (Category: Breaking News)
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Development Lotteries Board Boosts Contributions to President’s Fund and Government (Category: Breaking News)
- PM Dinesh urges Asian countries to rededicate to eradicate poverty (Category: Breaking News)
- CPA meeting opens in Colombo tomorrow (Category: Breaking News)
- Industries call for transport sector reforms (Category: Business)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Prime Minister urges Asian countries to rededicate to building an Asia, free from poverty where ... (Category: Breaking News)
- Benefits of South Asia working together (Category: Business)
- SLPA Chief to keynote International Port Security Conference in Netherlands (Category: Business)
- Chinese Ambassador outlines numerous benefits reaped by Sri Lanka from BRI (Category: Breaking News)
By Ifham Nizam The recently-reopened Udawalawe Information Centre, now known as the Elephant Knowledge Walk at the Elephant Transit Home (ETH) in UdaWalawe, stands as a treasure trove for enthusiasts keen on studying paleontology and all things related to elephants. Since 1995, the Elephant Transit Home in UdaWalawe has been dedicated to rehabilitating and releasing […]
- MONLAR lashes out at Wildlife Dept. for failure to protect elephants (Category: Breaking News)
- ‘Elephant Corridor’ purchased at over Rs. 1 billion by Browns Hotels and Resorts (Category: Breaking News)
- Sajitha steals limelight as Battle of the Maroons ends in draw (Category: Breaking News)
- Dilmah’s MJF Centre East Opens Cashew Processing Centre for Smallholders (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- “My concern was the nation’s future” – President (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President (Category: Breaking News)
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- J-K on progressive path as ground situation changed after abrogation of Article 370 (Category: Breaking News)
- PM Modi’s vision of self-reliant India shapes startup culture in ‘Naya J&K’ (Category: Breaking News)
- J-K plans massive oilseed cultivation to boost edible oil sector (Category: Breaking News)
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- J-K on progressive path as ground situation changed after abrogation of Article 370 (Category: Breaking News)
- PM Modi’s vision of self-reliant India shapes startup culture in ‘Naya J&K’ (Category: Breaking News)
- J-K plans massive oilseed cultivation to boost edible oil sector (Category: Breaking News)
President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]
- Sri Lanka President stresses vitality of new Economic reforms for country’s recovery (Category: Breaking News)
- Proposed laws set to introduce structural changes, will be presented to Parliament in May – Pres... (Category: Breaking News)
- The Government’s objective is to develop Sri Lanka as a thriving nation by 2048 – President (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
[…]The post Economic Realities & Political Promises appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...
- Adrian Zecha : The Trailblazing Innovator Continuing to Redefine Luxury Travel (Category: Breaking News)
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- President refuses to ban school Big Match cricket (Category: Breaking News)
- Jetwing Hotels Chairperson Shiromal Cooray steps down (Category: Breaking News)
In the sun-kissed paradise of the Maldives, where azure waters meet golden shores, a cloud of uncertainty looms over the political landscape. President Mohamed Muizzu, once hailed as a beacon of hope for the nation’s future, now finds himself navigating treacherous waters, buffeted by the winds of discontent and economic strain. The recent opening session […]
- New Maldives president promises to expel foreign military personnel (Category: Breaking News)
- India notes increase in investments in Sri Lanka (Category: Breaking News)
- Maldives In Murky Waters: Chinese Debt Challenges For Economic Stability (Category: Breaking News)
- Maldives’ Economic Downfall Under President Muizzu’s Choices (Category: Breaking News)
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
- Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Sri Lanka In Dire Straits (Category: Breaking News)
- Journey Through The Rotten Bridge For The Reforms Of Government Expenditure (Category: Breaking News)
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- Debt-ridden Sri Lanka gets US$350m loan boost from ADB (Category: Breaking News)
- Sri Lanka secures ADB grant to pay paddy farmers (Category: Breaking News)
- Overseas travel ban on Basil temporarily lifted (Category: Breaking News)
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.The post ADB approves $100 million loan to support SMEs in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- ADB approves USD 100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
[…]The post Singapore Has Chosen The 4th Prime Minister appeared first on Colombo Telegraph.
- Feb 4th: Rebirth Of Aragalaya, Rebirth Of A Nation (Category: Breaking News)
- President moves to 4th spot in the Time poll (Category: Breaking News)
- Theme park enters the 4th dimension (Category: Breaking News)
- Video: Reana Sirasa TV 4th March 2015 (Category: Video)
Sri Lanka’s economy expanded for a second straight quarter as industrial activity picked up pace, buoyed by an International Monetary Fund bailout and lower interest rates.The post Sri Lanka’s economy expands for a second straight quarter appeared first on ONLANKA - Sri Lanka Latest Breaking
- Sri Lanka inflation rises for second month on high energy costs (Category: Breaking News)
- Sri Lanka’s economy returns to growth, led by agriculture (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
President Ranil Wickremesinghe stressed the need to expand the tourism industry beyond coastal areas to strengthen the country’s economy.
President Ranil Wickremesinghe stressed the need to expand the tourism industry beyond coastal areas to strengthen the country’s economy. He highlighted the significance of the South in driving tourism promotion within the country, particularly outlining plans to develop Galle into a major tourist
- President announces formation of Economic Commission to boost investment opportunities for local... (Category: Breaking News)
- Vacancy in hotel market (Category: Australia, Queensland)
- The President on observation tour in Horton Plains National Park (Category: Breaking News)
- Classical Tamil sculptures park (Semmozhi irpa poonga) opened at Maamallapuram (Category: Breaking News)
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period
- Crashing economies and the South’s narrowing foreign policy options (Category: Breaking News)
- Need for new economic policy for poor countries (Category: Breaking News)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Pitfalls of export-led growth (Category: Breaking News)
[…]The post Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. Anil Baddevithana appeared first on Colombo Telegraph.
- Parate execution is the last resort to protect depositors’ funds – SLBA (Category: Breaking News)
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- Lending In A Recession: Banks Should Do Venture Capital Financing For Startups (Category: Breaking News)
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
It’s about to get easier for some foreign travelers to visit China, with the government announcing plans to extend its visa exemption policy to six additional European countries. The exemption will take effect on March 14, Chinese Foreign Minister Wang Yi announced on Thursday during a press conference on the sidelines of the National People’s […]
- Premature to talk about an exemption for Sri Lanka to buy oil from Iran – USA (Category: Breaking News)
- Olympian exemption (Category: USA, Illinois)
- Sri Lanka may extend visa exemption for Indian travellers after March (Category: Breaking News)
- Officials get visa exemption to Chile (Category: Breaking News)
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