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[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
Significant progress has been made at present in relation to the interaction with Sri Lanka’s creditors, the Central Bank of Sri Lanka said today. The bank said that it expects a crucial deal with the International Monetary Fund (IMF) to materialize in early 2023. Announcing its monetary and fiscal policies for 2023, the Central Bank […]
By SHIHAR ANEEZ Leaving his family and relatives was the hardest decision for Suren. But he had no other option.He never wanted to go abroad for work. An accountant by profession, Suren even had the opportunity to be promoted for a higher post at the private firm he was working at in Colombo. But he was […]
Leaving his family and relatives was the hardest decision for Suren. But he had no other option.The post Sri Lankans migrate, work over time, eat less to beat inflation appeared first on EconomyNext.
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
The program aims to provide fertilisers up to 1 million farmers
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
[…]The post Is Sri Lanka Becoming A Police State? Government Efforts To Delegitimise Aragalaya appeared first on Colombo Telegraph.
Calls for unity in a country torn apart by nationalism and monetary instability
Selected imports will be restricted to balance payments for fuel, President Ranil Wickremesinghe said today. The President told Parliament that the immediate requirement before the country is fuel. “While appreciating the international assistance in addressing the fuel shortage, it in timely that we now initiate a system for such importation from our own export income […]
The Tamil National Alliance (TNA) on Monday announced that it will support President Ranil Wickremesinghe’s efforts to form an all-party national government to help the country to recover from the worst economic crisis.The post TNA to support forming of all-party government appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
The government defaulted an interest payment of 78 million US dollar of a sovereign bond on May 19
Sri Lanka’s Acting President Ranil Wickremesinghe today (July 18) stated that the absence of a proper Easter Sunday investigation has meant that this issue has still not been fully resolved and he is requesting the assistance of the UK Government and their intelligence services.The post Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday attacks ...
Acting President Ranil Wickremesinghe has warned of elements attempting to disrupt the peace. Issuing a special statement, Wickremesinghe said that these elements would be prohibited from disrupting the country’s progress. Wickremesinghe further stated that the peaceful protesters who had legitimate concerns would be engaged with by the Government and solutions would be found for them. […]
The Narendra Modi government has called for an all-party meeting on Tuesday evening to discuss the crucial issue of the Sri Lanka crisis.The post Indian government calls an all-party meet on Sri Lanka crisis appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
(UNICEF) As Sri Lanka descends further into its worst economic and political crisis in 70 years, it is children who are suffering the most. A foreign currency shortage has left the country struggling to import essential goods, pushing food and fuel prices sky-high. Staples like rice, lentils, milk
Rate hike, fuel shortage, and looming political crisis weighed on investor sentiment
Some analysts said the market was expecting a 300 basis point rate hike on Thursday
New Zealanders have been told to avoid non-essential travel to Sri Lanka due to the impacts of the economic crisis and the potential for civil unrest. An updated travel advisory issued by New Zealand today notes: Sri Lanka’s economic situation has deteriorated significantly in recent months. This has led to shortages of such basic necessities, […]
Sri Lanka is desperate for foreign currency earnings through tourism
Sri Lankans are still waiting in long queues for days to buy fuel and cooking gas amid power cuts as the crisis deepens.
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
[…]The post Aragalaya: Manufactured Economic Crisis & Peoples’ Suffering appeared first on Colombo Telegraph.
[…]The post Depart From The Comfort Zone! appeared first on Colombo Telegraph.
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.