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By N Sathiya Moorthy It is inevitable that in the heat of an electoral battle, neighbours get mentioned, if not hurt. It is election time in India, to be followed by one or two in Sri Lanka – for the presidency and Parliament, though which would come first is known only to Mr God and President […]
Rajith Keerthy Tennakoon Director General of Community Affairs at the President’s Office delivering a special media statement today (05) stated that between the assumption of office by President Ranil Wickremesinghe and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments. He also highlighted […]
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
[…]The post Will AKD Make The Cut? appeared first on Colombo Telegraph.
President Joe Biden has appointed Dr. Patrick Mendis—a Sri Lanka-born American diplomat—as an advisor to the prestigious U.S. National Security Education Board (NSEB), according to a press release by the White House. The 14-member National Security Education Board consists of eight Cabinet secretaries including defence, education, energy, homeland security, state, and the director of National [...
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
By Saman Indrajith Opposition and SJB Leader Sajith Premadasa told Parliament yesterday that if he was elected President, he would launch a fresh Presidential Commission probe into the Easter Sunday terror attacks. Premadasa said that he along with the rest of the people had been demanding justice over the Easter Sunday terror attacks for the […]
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
Iran’s Revolutionary Guards says seven officers have been killed in an Israeli strike on the Iranian consulate building in Syria’s capital, Damascus. Brig-Gen Mohammad Reza Zahedi, a senior commander of the elite Quds Force, and Brig-Gen Mohammad Hadi Haji-Rahimi, his deputy, were named among the dead. Iran and Syria’s governments condemned the attack, which destroyed […]
India is to ask Sri Lanka to allow Indian fishermen to fish near Katchatheevu, India’s External Affair Minister S Jaishankar said. Amid disclosures through RTI that India did not try hard enough to keep Katchatheevu, External Affairs Minister S Jaishankar said the Indian Government will open negotiations with Sri Lanka over the implementation of the […]
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
Somalia is keen to explore opportunities for partnerships with Sri Lanka, the President of Somalia Hassan Sheikh Mohamud said. Sri Lanka has identified potential areas of cooperation with Somalia as it lies on the crossroads of international maritime and global sea trade, providing easy access to markets in Africa, the Middle East and Europe. This […]
The Government of Sri Lanka donated USD 01 million to assist children impacted by the conflicts in the Gaza Strip. The donation was formally transferred to the Government of Palestine through the United Nations’ official channel, overseen by President Ranil Wickremesinghe at the Presidential Secretariat, Monday. President Ranil Wickremesinghe personally presented the donation cheque to [R...
Former Indian Finance Minister P Chidambaram on Monday defended the agreement to give away the Katchatheevu island to Sri Lanka. He said this agreement was arrived at in 1974 and 1976 after long negotiations. “PM Modi is referring to a recent RTI reply, he should refer to the RTI reply of January 27, 2015, when […]
MP Namal Rajapaksa, the newly appointed National Organiser of the Sri Lanka Podujana Peramuna (SLPP) and Member of Parliament for the Hambantota District, stated that former President Gotabaya Rajapaksa refrained from using guns to suppress the struggle, despite having a mandate of 6.9 million voters.The post Gotabaya did not suppress Aragalaya as he did not want the State to fall – Namal ap...
By Shamindra Ferdinando Samagi Jana Balawegaya (SJB) parliamentarian Kavinda Jayawardena yesterday (31) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should accept the responsibility for creating conditions for public protests that led to the overthrowing of President Gotabaya Rajapaksa. The Gampaha District MP was responding to Speaker Mahinda Yapa Abeywardena’s declaration that powerfu...
[…]The post Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri Lanka appeared first on Colombo Telegraph.
The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country s economy which is hit by a staggering shortage of foreign currency and soaring inflation.
[…]The post Electing A President: Three Against One In The US & Three Against Three In Sri Lanka appeared first on Colombo Telegraph.
China has said it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal.The post China reaffirms financial support for Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
In a historic move, the Executive Board of UNESCO adopted a proposal by Sri Lanka a Decision to commemorate the International Day of Vesak at UNESCO. The Sri Lankan Embassy in Paris said that in a historic move, the Executive Board of UNESCO at its 219th Session adopted by acclamation a Decision to commemorate the […]
The conflict between the USA and the USSR, during the era of the Cold War, had far-reaching consequences that extended beyond their borders, with Syria being one of the nations caught in the crossfire. Over the past decade, Syrians have endured the complexities of political manoeuvring amidst a backdrop of socio-political and humanitarian challenges. Additionally, […]
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 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. Sri Lanka defaulted on its foreign debt in May 2022 as the economy […]
At least five Sri Lankans have reportedly been killed so far while fighting in the Ukraine-Russia war, according to Al Jazeera. In the latest incident, Nipuna Silva, a Sri Lankan soldier who quit his army position to fight for Russia in Ukraine due to better pay, is believed to have been killed on the front line.The post Sri Lankan soldier Nipuna Silva among latest victims in Ukraine-Russia confli...
Sri Lankan businesses must look beyond the surface to design Diversity, Equity and Inclusion (DEI) strategies that consider broader complexities, if they are to achieve tangible and transformative business results and greater social harmony, says a new landmark report that provides recommendations for businesses to harness the potential of DEI. The new report “Unlocking the […]
Complains that funding cuts have reduced schools to mere shells By Rathindra Kuruwita The systematic and sustained reduction of funds allocated for education has degraded education provided by schools, and even ‘popular’ schools, to mere husks of what they once were, convenor of the Inter-University Students’ Federation (IUSF) Madushan Chandrajith said. “There is a question...
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 after its foreign exchange reserves dwindled to […]
7Prof. Nalin de Silva, in his latest article, shared on social media, underscored the need to thoroughly examine what he called grave disclosure made by Speaker Abeywardena, pertaining to Western and Indian role in ousting President Gotabaya Rajapaksa. Sri Lanka’s former Ambassador to Myanmar, during Gotabaya Rajapaksa’s Presidency, explained how those who manipulated the crisis […]