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Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
Plans to raise Rs195bn a year
"It’s the overall uncertainty in the system," a market analyst said.
Food prices up 57-pct over 12-months and 86-pct since inflationary policy began in Aug 2019
"It's okay to criticise us, but we ask that you do not discourage farmers from growing," he said.
[…]The post Important But Imperfect: Recommendations On The Draft 21st Amendment To The Constitution Bill appeared first on Colombo Telegraph.
[…]The post Sri Lanka Tamils: No Choice But To Join GotaGoGama, Stay Put Or Go Abroad appeared first on Colombo Telegraph.
Ceylon Petrolem Corporation needs 554 million US dollars to import oil in June
[…]The post A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? appeared first on Colombo Telegraph.
Times are extraordinary with the macro stresses clearly unprecedented
Tradition in MB is to reach decisions by consensus. If one member disapproves, it isn’t carried
Ambassador Chung has stated that the United States will continue to support Sri Lanka during its difficult time
[…]The post Never-Ending Political Games; Country Is At Peril appeared first on Colombo Telegraph.
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
Rooftop solar to be encouraged to save costs
[…]The post 1972: A Historic Opportunity Missed appeared first on Colombo Telegraph.
By Easwaran Rutnam India and Japan have decided to cooperate to address the crisis in Sri Lanka, the Japanese Foreign Ministry said. The agreement was reached at a meeting between Japanese Prime Minister KISHIDA Fumio and the Prime Minister of India Narendra Modi. The two met at a Japan-India Summit Meeting held in Japan on […]
[…]The post The Current System & Unlawful Actions appeared first on Colombo Telegraph.
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
New Prime Minister is expected to present a new budget with higher tax, reduced government spending
Police has discovered hoarding of fuel worth 20.5 million rupees in the past few days.
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
By Easwaran Rutnam The United Kingdom (UK) is in talks with Paris Club members on potential solutions to Sri Lanka’s unsustainable debt. The Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries UK Parliamentary Under-Secretary at […]
By Easwaran Rutnam The Committee on Public Enterprises (COPE) has proposed appointing a special Parliament Select Committee to probe the causes behind the economic crisis. COPE has also proposed investigating the officials and others who neglected their duties and are responsible for the crisis. The proposal was made at the COPE meeting held today. COPE […]
Analysts expect market to fall with government's expected fiscal consolidation plan