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The International Monetary Fund (IMF) has noted progress in Sri Lanka’s economic reforms program. An IMF mission team led by Messrs. Peter Breuer and Masahiro Nozaki visited Colombo from June 20 to 30, 2022 to discuss IMF support for Sri Lanka and the authorities’ comprehensive economic reform program. Ms. Anne-Marie Gulde-Wolf, Deputy Director of the […]
"The same working arrangements will also apply to the Regional Consular offices."
No staff level agreement yet, creditor assurances needed
Worst crisis in modern times
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Video: Sri Lanka's economy contracts by 1.6% in first quarter of 2022 (English)
The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country’s catastrophic economic downturn and the consequences of government policy on the IT industry in recent weeks, as per the media portal. China has been silencing everyone who speaks either against the country’s stern COVID policies or […]
Sri Lankans are frustrated of waiting in queues for days to buy fuel, cooking gas, kerosene
Isolated and neglected, Pakistan’s Gilgit-Baltistan, the northern-most part of Kashmir under its control, could become a future battle-ground for the world powers to compete. For one, it borders China and local politicians in GB, among them, Chairman of Karakoram National Movement, Mumtaz Nagri has expressed fear that Pakistan may cede GB to China on lease […]
A confirmed petrol shipment is due on 22nd July, Sagala Ratnayaka, Chief of Staff of Prime Minister Ranil Wickremesinghe said today. He said the Government was also attempting to secure fuel shipments at an early date. The Prime Minister met with editors and news directors of national newspapers and television stations this afternoon (29). The […]
By Anjana Pasricha NEW DELHI — In Colombo, Sri Lanka’s capital, a sprawling port city showcased as a financial hub to rival Dubai is being set up on 269 hectares of land dredged from the sea. It is the latest of the huge Chinese-funded infrastructure projects in the island country that include a port and […]
Dhammika Perera has been backing successive government and held posts in some while running his businesses
Sri Lanka's past diplomatic misconducts under Rajapaksa have made it difficult for Sri Lanka - official
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The economy of Sri Lanka contracted by 1.6 percent in the first quarter of the year 2022, the Department of Census and Statistics (DCS) says.
The United Kingdom (UK) says it recognises the economic challenges that Sri Lanka is facing. UK Foreign Office Minister Vicky Ford said the UK is closely monitoring the economic situation in Sri Lanka, including foreign exchange data reported by Central Bank of Sri Lanka and Sri Lankan authorities. In a written response to the UK […]
The main stock index has fallen 4.4$% in the last two sessions.
[…]The post Schizophrenia In The Political Mind Of Sri Lanka appeared first on Colombo Telegraph.
Agriculture contracted 6.8 percent, industry shrank 4.7 percent but service grew 0.7 percent
After June 28, 2022, aircraft will have to carry their return fuel according to the CA notice to airmen (NOTAM)
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U.S. President Joe Biden told allies Âwe have to stay together against Russia on Sunday as G7 leaders gathered for a summit set to be dominated by war in Ukraine and its impact on food and energy supplies and the global economy. .
The Bar Association of Sri Lanka (BASL) has accused the authorities of misleading the public on the fuel supply. BASL noted that the Minister of Power and Energy held a press conference on 26th June 2022 and the information revealed at this press conference made it clear that the public have been kept in the […]
A high-level US delegation held talks with President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe in Colombo today. The US Ambassador to Sri Lanka, Julie Chung said that they discussed Sri Lanka’s economic crisis. “It’s a challenging time, but we continue to deliver assistance and long-term partnership to help Sri Lanka achieve a prosperous, secure […]
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“We’re ready to take it up,” said Dissanayake.