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[…]The post UK’s Bumpy Fall, Change Of Guard & Lessons Beyond! appeared first on Colombo Telegraph.
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
Thursday 27th October, 2022 The biggest problem ordinary Sri Lankans are grappling with, amidst the national feeling of doom and gloom, is keeping the wolf from the door. Besides, the state coffers are empty and foreign currency reserves extremely low. The country continues to be mired in debt with no prospect of recovery in the […]
New Delhi: As Rishi Sunak scripted history by becoming the Prime Minister of the United Kingdom, world leaders from across the world, from US President Joe Biden to Indian Prime Minister Narendra Modi, congratulated him and extended their wishes. US President Joe Biden on Tuesday congratulated Rishi Sunak on being appointed the Prime Minister of the […]
[…]The post The 22nd A (Now 21A) Could Lead To Another Constitutional Cum Political Crisis appeared first on Colombo Telegraph.
"Do not increase taxes for IT, or for tourism," said Premadasa.
Under a gazette notice issued, up to 25,000 metric tonnes of broken rice would allowed to be imported.
It is easy to criticise measures taken by authorities and those in power without providing any alternatives, Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe said.The post Sri Lanka’s Central Bank Governor asks critics to provide alternatives appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Following the enactment of the 22nd Amendment to the Constitution, dual citizenship holders are not allowed to be Members of Parliament, Lekakadikari of the Asgiriya Chapter Venerable Medagama Dhammananda Thera said.The post Members of Parliament with Dual citizenship should resign – Dhammananda Thera appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The founder of the Pohottuwa party, Basil Rajapaksa, has suffered a severe setback. All political parties, represented in Parliament, sunk their differences to bring back constitutional impediment that prevents Basil Rajapaksa’s return to Parliament. The UNP’s only MP, Wajira Abeywardena, and the vast majority of the145-member SLPP parliamentary group, voted for 21st Amendment that would […]
Wednesday 26th October, 2022 No sooner had Parliament passed a vital amendment to the Constitution to reduce the powers of the executive presidency in the name of the separation of powers than President Ranil Wickremesinghe made use of a controversial constitutional provision that undermines the justice system, according to legal experts. He granted an amnesty […]
People are born into the world and draw the breaths of human life. But not often are there people who depart leaving an impression that receives deep gratitude and honour from others. There are only a handful of souls who remain in the hearts and minds of the people in spite of their perishing bodies. […]
By Dr Upul Wijayawardhana Monday, 24th October, is a momentous day in British political history; the day MPs of the governing Conservative Party elected Rishi Sunak as their leader, paving the way for him to become United Kingdom’s first Prime Minister of Asian descent. Sunak is a practising Hindu and, interestingly, it happened on one […]
Tax evasion: By Shamindra Ferdinando SLPP MP Mahindananda Aluthgamage yesterday (25) said the Finance Ministry owed an explanation regarding its failure to regulate chartered accountants to increase state revenue. The former minister said so when The Island asked whether the Finance Ministry had cared to verify accusations he made in Parliament on 20 Sept., about […]
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
The UN World Food Programme (WFP) has warned that the situation in Sri Lanka is likely to worsen. WFP said that the intensifying economic crisis in Sri Lanka continues to be a threat to food security. ‘The situation is likely to worsen without continued assistance during the lean season from October 2022 to February 2023,” […]
"I look forward to enhancing this partnership particularly through the 'Global Britain' policy."
In the nine months to September, exports were up 11.83 percent to 10 billion US dollars.
US Deputy Assistant Secretary of Treasury for Asia Robert Kaproth arrived in Sri Lanka for talks with the Government on the economy. The US Ambassador to Sri Lanka, Julie Chung tweeted saying Kaproth will meet with Government and economic leaders to discuss the way forward on economic recovery for Sri Lanka. Kaproth had talks with […]
[…]The post Marital Blitz & On The Subject Of Marriage As A License To Rape appeared first on Colombo Telegraph.
"We saw the entire country collapsing because of one person. So the people feel this needs to be corrected."
[…]The post Bipartisanship Beyond 22nd Amendment Is Needed appeared first on Colombo Telegraph.
Extending maturity of domestic debt by 10 years would reduce debt to GDP ratio faster
Tuesday 25th October, 2022 The SLPP is reportedly conducting a post-mortem on the passage of the 22nd Amendment (22A) sans the committee-stage changes it sought to make. Not many thought that the ayes would have it, 174 to 1, and the Bill would be passed so easily, given Basil Rajapaksa’s all-out effort to prevent his […]
by Jehan Perera The passage of the 22nd Amendment to the constitution came as a surprise. It was originally scheduled to be debated in parliament a fortnight earlier. When the decision to postpone was taken it seemed as if the 22nd Amendment would not be taken up again in the near future or even if […]
Former President Maithripala Sirisena said on Sunday that the ongoing crisis in the country had been aggravated by the absence of a friendly foreign policy. Addressing a public rally in Polonnaruwa, Sirise-na said that a friendly foreign policy had existed during his tenure. He added that the decisions made during the last three years had […]
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
[…]The post Auditors Could Have Prevented Alleged ‘Thico’/Thilini Scandal appeared first on Colombo Telegraph.
By N Sathiya Moorthy Now that Parliament has passed the 22nd Amendment, which would be incorporated into the Constitution as the 21st Amendment, the question arises what way should and would the nation and the polity travel from here. The answer is simple: Nowhere and as everywhere, as they used to do before the current […]
It is indeed a pleasure to extend my warm felicitation for Deepavali, being a colourful religious festival of lights celebrated with much reverence by Hindu devotees, Sri Lankan President Ranil Wickremesinghe said issuing a press release.The post Let us all dispel darkness shrouding our Motherland – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...