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Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF sees Lanka as role model - Dr Amunugama (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework.The post Sri Lanka calls for debt-restructuring proposals from dealer managers appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (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)
in May 2022 as the economy […]
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
The bodies of two people have been recovered from a red pickup truck, which was under water where the Baltimore bridge collapsed. Eight construction workers were on the bridge when a ship struck it, plunging them into the waters below. Two of the workers were rescued on the day, but the search continues for the […]
- Biden expects Iran to attack Israel ‘sooner than later’ (Category: Breaking News)
- Lost power, a mayday call and the crash that brought down a Baltimore bridge (Category: Breaking News)
- Sydney church stabbing declared a ‘terrorist’ attack (Category: Breaking News)
- Boeing plane engine cover falls off prompting investigation (Category: Breaking News)
[…]The post What Is Wrong With Sri Lanka? appeared first on Colombo Telegraph.
- What Is Wrong With The President’s Vision & Mission? (Category: Breaking News)
- Let Us Know Who Are Contesting? What Are Their Policies? (Category: Breaking News)
- What is wrong with Sri Lanka? (Category: Breaking News)
- Mother’s Day & Rights Of Women (Category: Breaking News)
Santosh Jha stresses importance of Unique Digital Identity project Indian High Commissioner Santosh Jha has said that India is working with Sri Lanka to roll out the Unique Digital Identity (UDI) Project based on modular micro service based architecture aka MOSIP architecture. He has said they strongly believe that as in the case of India […]
- Sri Lanka, India to hold Digital Public Infrastructure conference next week (Category: Breaking News)
- Jha highlights growing Indian power, reiterates commitment to strengthening ties with SL (Category: Breaking News)
- India further expands her role (Category: Breaking News)
- Govt. accused of giving Indian companies access to Lankans’ biometrics (Category: Breaking News)
By Dr Laksiri Fernando It is not the country per se, but the politicians and the people who are wrong. While politicians should take 70 percent responsibility, the people also should take 30 percent. It is true that these wrongs on the part of the politicians or the people are not limited to Sri Lanka. […]
- Heed people’s call for new political model (Category: Breaking News)
- What Is Wrong With Sri Lanka? (Category: Breaking News)
- Tax payers look to tighten belts further or migrate as progressive taxes bite (Category: Breaking News)
- JVP urges youth not to leave country, but to stay and fight (Category: Breaking News)
[…]The post The Curse Of JRJ Constitution Continues appeared first on Colombo Telegraph.
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- Election Year Road Map For Constitutional Reforms (Category: Breaking News)
- Presidential Ambition & Abolition Betrayal (Category: Breaking News)
- 117th Birth Anniversary & Long Legacy Of JR Jayewardene (Category: Breaking News)
By the time the crew of the Dali, a massive 948ft (289m) container ship, realised what was happening, it was already far too late. The vessel – at the very start of a 27-day journey from the port of Baltimore to Sri Lanka – completely lost power after leaving the port and was hurtling towards […]
- Fears for Gazans as aid groups halt work over deadly Israeli strike (Category: Breaking News)
- Pakistan accused of killing eight women and children in Afghanistan air strikes (Category: Breaking News)
- Joe Biden expects Iran to attack Israel ‘sooner than later’ (Category: Breaking News)
- Baltimore bridge collapse: Divers find two bodies in submerged truck (Category: Breaking News)
The ‘M. H. Omar Liver Care Facility’ at the Centre for Liver Diseases in Colombo North Teaching Hospital, Ragama was inaugurated by President Ranil Wickremesinghe on Tuesday (March 26).The post M.H. Omar Liver Care Facility of Ragama Teaching Hospital inaugurated appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka Ministry of Health probes patient’s death post-vaccine at Ragama Hospital (Category: Breaking News)
- Sri Lanka President inaugurates Largest Maternity Hospital in South Asia (Category: Breaking News)
- New liver care facility of Ragama Teaching Hospital inaugurated (Category: Breaking News)
- Lahiru Thirimanne involved in accident in Anuradhapura (Category: Breaking News)
By Hiran H.Senewiratne The Central Bank has taken steps to remove price controls on rupee lending rates from April 1, amid continuing falls in market rates. The price control order on rupee denominated lending products issued in August 2023 ‘contributed to reducing the overall market lending interest rates and therefore yielded the expected results, Central […]
- 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)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- Accomplished equestrian Mathilda Karlsson (Category: Breaking News)
- Major fire in Colombo building (Category: Breaking News)
- Students protest after boy dies following Thirukkovil marathon (Category: Breaking News)
Chinese Prime Minister Li Qiang assured his Lankan counterpart Dinesh Gunawardena that his country would assist Sri Lanka’s debt restructuring process continuously and develop its economy. Sri Lanka has $4.2 billion bilateral debt and $ 2.9 billion in commercial debt outstanding to China
- Dinesh Gunawardena begins official visit to China (Category: Breaking News)
- Sri Lanka Prime Minister meets Chinese President Xi Jinping (Category: Breaking News)
- Chinese President wants to advance relationship with Sri Lanka (Category: Breaking News)
- Dinesh to discuss Sri Lanka’s debt to China during visit next week (Category: Breaking News)
Women in Sri Lankan State Universities – II An adapted version of the keynote delivered by Dinesha Samararatne at the International Women’s Day celebration organised by the Centre for Gender Equity and Equality for the University Grants Commission, 15 March, 2024. (First part of this article appeared on 22 March, 2024) Today, I would like […]
- UNDP exhibition highlights women’s struggles amidst economic hardships and calls for gender equa... (Category: Breaking News)
- UNFPA Regional Director here (Category: Breaking News)
- UN told about progress made by Sri Lanka for the advancement of women (Category: Breaking News)
- Law students can be assisted to learn English – President (Category: Breaking News)
The Cabinet of Ministers approved the proposal presented by the Minister of Ports, Shipping and Aviation to invite expressions of interest and proposals from qualified domestic and foreign institutions to promote the registration of ships under the Sri Lankan flag and to select the most suitable institutions on the recommendation of the Procurement Committee, consequent […]
India considers Arunachal Pradesh to be an essential part of the country and insists that using different names for the area does not change the fact that it belongs to India, writes Dr. Maheep In a clear statement on Wednesday, the U.S. State Department confirmed that the U.S. government considers Arunachal Pradesh to be an […]
- Arunachal Pradesh subject to attempts by external entities to assert control over its territory:... (Category: Breaking News)
- Can India build a meaningful military relationship with China? (Category: Breaking News)
- US recognises Arunachal Pradesh as India’s integral part: WH (Category: Breaking News)
- India maintains ‘loud silence’ on Taiwan crisis, its ‘One China’ policy (Category: Breaking News)
In its quest to challenge Western hegemony in global governance and make itself more representative of the Global South, BRICS has begun to expand itself, including more new member nations. The expansion has led to a formal request by Pakistan to join BRICS in late 2023. This has led to discourse and speculations by scholars, […]
- Pakistan’s Persistent Economic Predicament (Category: Breaking News)
- Pakistan’s election chaos casts shadow on next IMF deal (Category: Breaking News)
- Boost for Lanka, Pakistan ties (Category: Breaking News)
- Pakistan must acknowledge India’s incredible economic growth (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points (bps) to 8.50 percent and 9.50 percent, respectively.The post Sri Lanka Central Bank further reduces policy rates appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stor...
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Central Bank of Sri Lanka decided to maintain policy interest rates at their current levels (Category: Breaking News)
- Sri Lanka central bank keeps policy rates unchanged to tame inflation (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
Sri Lanka’s capital wants to pair with Washington as a ‘sister city’ and the proposal has been made to the Mayor of Washington D.C., Muriel Bowser. The Ambassador of Sri Lanka to the United States Mahinda Samarasinghe met the Mayor of Washington D.C., Muriel Bowser at City Hall in the John Wilson Building. The Ambassador […]
- US envoy meets Washington based Sri Lankan diaspora (Category: Breaking News)
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- Dems prep 'incitement of insurrection' charge against Trump (Category: USA, South Dakota)
- Trump says 'tremendous anger' in nation over impeachment (Category: USA, South Dakota)
Sri Lankan Prime Minister Dinesh Gunawardena arrived in Beijing on Monday for a six-day official visit to China at the invitation of Chinese Premier Li Qiang. According to Foreign Ministry spokesperson Lin Jian on Friday, Chinese leaders will have in-depth exchange of views with Gunawardena on continuing China-Sri Lanka traditional friendship, deepening political mutual trust, […]
- Chinese President wants to advance relationship with Sri Lanka (Category: Breaking News)
- Cabinet approves visa-free entry for visitors from 7 countries (Category: Breaking News)
- China assures continuous support to Sri Lanka’s debt restructuring process (Category: Breaking News)
- Accomplished equestrian Mathilda Karlsson (Category: Breaking News)
In an unprecedented display of candor, Premier Li Qiang’s inaugural government work report delivered a scathing indictment of the myriad economic woes plaguing China at the recently concluded National People’s Congress in Beijing. The wide-ranging report pulled no punches in exposing the cascading domestic fragilities and external hostilities that threaten to derail the world’s second-largest [...
- Six things to know as Xi Jinping moves to be China’s dictator for life (Category: Breaking News)
- US House select committee seeks answers from FBI on China police ‘outposts’ (Category: Breaking News)
- UNESCO accused of failing to acknowledge Beijing’s actions towards Uyghurs, other Turkic minorit... (Category: Breaking News)
- Social discontent rises among Chinese as economy falls: Report (Category: Breaking News)
The Government will launch a nationwide programme from today (March 25) to provide free meals to all students from Grades 1 to 5.The post Sri Lanka Government launches free meal for primary students today appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mid-day meal for school children from today (Category: Breaking News)
- Sri Lanka’s children go hungry as food prices soar (Category: Breaking News)
- United States donates 3000 tonnes of food to feed Sri Lankan school children (Category: Breaking News)
- WFP to distribute ration packs to vulnerable households in Sri Lanka (Category: Breaking News)
Sri Lanka’s fate compared with that of Sikkim By Shamindra Ferdinando National Freedom Front (NFF) leader and Chairman of the Uththara Lanka Sabhagaya (ULS) Wimal Weerawansa, MP, said that President Ranil Wickremesinghe, SJB leader Sajith Premadasa, MP, and JVP/JJB leader Anura Kumara Dissanayake, MP, were pursuing the same strategy to address the economic crisis. Therefore, […]
- Wimal questions JVP’s deafening silence over CIA Chief’s visit (Category: Breaking News)
- Western powers back move to put off national elections indefinitely, warns Wimal (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
- Udaya, Wimal deny having met MR (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)
[…]The post Citizens Should Be Aware Of The Burden Of Total Government Expenditure appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
Video: An export-oriented economy required to repay Sri Lanka’s debt - President (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
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)
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