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The new Secretary to the Ministry of Foreign Affairs, Aruni Wijewardane assumed duties at the Foreign Ministry today. She was appointed as the Secretary with effect from 20 May, 2022. After a simple ceremony following the assumption of duties, Foreign Secretary Wijewardane addressed the staff officers of the Ministry. A Member of the Sri Lanka […]
Aruni Wijewardane assumed duties as the new Foreign Ministry secretary
Sri Lankan Diplomat Aruni Wijewardane assumed duties as the new Secretary to the Ministry of Foreign Affairs
It is necessary that the policymakers do not make the mistake of not listening to the experts in the industry
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
Cabraal has been prevented leaving the country from April 7
The President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Sunday urged the International Monetary Fund (IMF) to work out on timely bail out package to put defaulting Sri Lanka, a...Click on the headline to read the full story
[…]The post Justice For Bloody Monday appeared first on Colombo Telegraph.
Nairobi [Kenya], May 20 (ANI): Kenya’s debt obligations towards China have shot up by a staggering 135.15 per cent in the last one year on the back of Chinese-funded infrastructure projects in the African country. Expenditure data published this week by the Treasury shows the amount repaid to Chinese lenders has surged by 135.15 per […]
By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also […]
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
[…]The post War On China? – II: US Military-Industrial Complex & The War Without End appeared first on Colombo Telegraph.
Anthony Albanese has been sworn in as Australia’s new leader and will fly immediately to an international summit. Mr Albanese’s Labor Party defeated Scott Morrison’s conservative government in an election on Saturday. It remains unclear whether he will form a majority or govern with the support of crossbenchers. Mr Albanese will fly to Tokyo on […]
The debt was repaid in 2021 by running down foreign reserves and putting the central bank in debt
By Armida Salsiah Alisjahbana The Asia-Pacific region is at a crossroads today – to further breakdown or breakthrough to a greener, better, safer future. Since the Economic and Social Commission for Asia and the Pacific (ESCAP) was established in 1947, the region has made extraordinary progress, emerging as a pacesetter of global economic growth that has […]
By N Sathiya Moorthy Chennai 22 May 2022 At a time when the anti-Gota protests is acquiring the characteristics of a Greek tragedy, for the Canadian Parliament to remind this nation of alleged ‘war crimes’ has gone mostly unnoticed. While sections of the Tamil Diaspora is as euphoric as ever, the Foreign Ministry, by issuing […]
The International Monetary Fund (IMF) has warned that Sri Lanka style protests could break out in other countries if there is no proper Government support. Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF) Kristalina Georgieva told the BBC. People […]
Transparency International Sri Lanka (TISL) has presented a set of recommendations that lays down the main anti-corruption reforms that are crucial immediately and in the medium ' long terms, if Sri Lanka is to rise above the present crisis and bring about a real change.
It has 90,000 metric tonnes of Siberian Light Crude
Money printing triggers excess outflows, forcing the currency down and triggering parallel exchange rates
[…]The post Sri Lanka In The Chalk Circle appeared first on Colombo Telegraph.
[…]The post Hold Elections & Avert A Dual-Power Crisis appeared first on Colombo Telegraph.
[…]The post Paradise Bankrupt On Golden Republic Anniversary appeared first on Colombo Telegraph.
China says it stands ready to work with relevant countries and international financial institutions and to continue to play a positive role in easing Sri Lanka s debt burden.
The Australian Border Force said that a vessel attempting to illegally enter Australia from Sri Lanka has been intercepted. The Australian Government’s policy remains unchanged. We will intercept any vessel seeking to reach Australia illegally and to safely return those on board to their point of departure or country of origin. Measures and safeguards are […]
[…]The post Genocide Of Tamils In Sri Lanka – Time For UN, UNHRC & Security Council To Take Action appeared first on Colombo Telegraph.
Non-oil imports fell 17.7 percent to 1,299.1 million US dollars in March 2022
National Institute of Business Management (NIBM), one of the leading higher educational institutions in Sri Lanka, announced on Monday that it has deployed facial recognition technology. The system is developed by NtechLab, Russian facial recognition software provider, and is jointly implemented with local technology company Green Orgro. NIBM is the first educational institution in Sri […]
[…]The post Could A ‘National Government’ Resolve The Crisis? appeared first on Colombo Telegraph.
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.