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[…]The post The Deciding Factor In Sri Lanka’s Election Debate: Policy Or Public Frustration? appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) says Sri Lanka is yet to finalize agreements with bondholders and creditors. Julie Kozack, Director of Communications at the IMF said that the initial debt restructuring negotiations with external bondholders ended in mid-April without an agreement
The International Monetary Fund (IMF) has highlighted Sri Lanka s commendable macroeconomic policies, rapid inflation decline, and steady economic growth.
A discussion took place on Monday (May 13) at the Galle Face Hotel premises between the U.S. Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, who is currently in Sri Lanka, and representatives of the National People's Power (NPP).The post U.S. Officials discuss Sri Lanka’s economic and security issues with NPP appeared first on Sri Lanka News | Breaking News &...
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
On-arrival visa controversy: By Shamindra Ferdinando The SJB has called upon the government to explain why the Department of Immigration and Emigration had entered into an agreement with VFS Global-led grouping for the issuance of online visas against the backdrop of SLT Mobitel offering the same service at a much lower cost. Prof. G. L. […]
2100 new Grama Niladhari officers were awarded appointment letters today (May 08) by the Sri Lankan President, Ranil Wickremesinghe, at Temple Trees.The post 2100 new Grama Niladhari officials appointed appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic
President Ranil Wickremesinghe insisted that he is not a dictator and that he has taken steps to protect democracy. Speaking at the United National Party (UNP) May Day rally in Colombo, Wickremesinghe said that he has allowed all the political parties to stage May Day rallies across the country. He said that such freedom was […]
Samagi Jana Balawegaya (SJB) leader Sajith Premadasa has reiterated that Sri Lanka s debt agreement with the International Monetary Fund (IMF) would be amended under an SJB government in the future.
President Ranil Wickremesinghe called upon the Janatha Vimukthi Peramuna (JVP), the Samagi Jana Balavegaya (SJB) and other political parties to extend their support to the government in safeguarding the agreements forged with the International Monetary Fund (IMF).
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program
A partnership between an Indian and a Russian firm has secured the management rights for the Mattala Rajapaksa International Airport in Hambantota. The airport, once infamous as the “world’s emptiest airport” due to minimal flight activity, is now under the purview of Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of […]
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka Government on the divestiture of SriLankan Airlines Ltd (SAL). The consultancy was responding to news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking […]
The government’s revenue had exceeded the target for the first quarter of 2024 had by 6 percent, State Minister of Finance Ranjith Siyambalapitiya said on Monday. The State Mionister said the government expcted a revenue collection of Rs 4,106 billion in 2024 and wanted the state revenue to be at least 14 percent of the […]
Malaysian budget carrier AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a US$2.9 billion (RM13.8 billion) International Monetary Fund (IMF) programme.The post AirAsia
Malaysian budget carrier AirAsia is among six bidders for Sri Lanka s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a US$2.9 billion (RM13.8 billion) International Monetary Fund (IMF) programme.
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) commended Sri Lanka on the hard-won economic gains. First Deputy Managing Director of the IMF, Gita Gopinath said that she really appreciated meeting Sri Lanka’s State Minister of Finance Shehan Semasinghe and Central Bank Governor Nandalal Weerasinghe. “
The IMF s (International Monetary Fund) First Deputy Managing Director, Gita Gopinath has congratulated the Sri Lankan authorities on the steady progress made on several fronts, including inflation reduction, revenue enhancement and governance reforms.
ECONOMYNEXT –The government is expecting to conclude all the transactions related to divestiture of State-Owned Enterprises (SOE) by August this year under an ambitious reform process, the government-led State-Owned Enterprises Restructuring Unit (SOERU) said. However, the divestiture of loss-making Srilankan Airlines is likely to be concluded by September, it said. The SOERU has already called [&...
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn.
The International Monetary Fund (IMF) has expressed its readiness to assist Sri Lanka in its negotiations with international bondholders, according to a Reuters report. An IMF spokesperson has been quoted as saying that a formal assessment will be provided once a preliminary agreement is reached
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News