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The International Monetary Fund (IMF) remains hopeful of Sri Lankan authorities securing financing assurances from all its bilateral creditors soon, so that the Fund’s Executive Board could give its nod to unlock the envisaged US$ 2.9 billion bailout package to support the crisis-hit economy, a top IMF official said.The post IMF remains hopeful of Sri Lanka securing all financing assurances soon t...
Several Sri Lankans have started borrowing money or are spending their savings owing to the economic crisis. The UN World Food Programme (WFP), said that nearly seven in ten households are adopting foodbased coping strategies such as relying on less preferred food, limiting portion sizes and reducing the number of meals. In addition, WFP said […]
By C. A. Chandraprema We now live in a digital world dominated by the social media, where information or disinformation coming through our mobile phones has more to do with forming public opinion than the plainly visible and palpable reality and well-established facts and data. Sri Lanka recently marked the 75th Anniversary of its Independence in […]
Wednesday 22nd February, 2023 The current Parliament has completed two and a half years of its term, and President Ranil Wickremesinghe is now in a position to dissolve it at a time of his choosing. The Opposition has already asked him to do so on the grounds that the government is without any legitimacy and […]
JJB not among the signatories to appeal Opposition political parties, except the JVP-led NPP, have appealed to the international community to exert pressure on the Wickremesinghe-Rajapaksa government to conduct the local government polls, scheduled for 09 March. The following is the text of the letter addressed to heads of diplomatic missions in Colombo. It has been signed by […]
Sri Lanka needs to get back to growing its economy. It needs a new push towards development, one that harnesses good ideas and creates wealth for all its citizens. The name of the game is wealth creation – for all. Then governments will have something to tax! But somehow, little Sri Lanka hasn’t quite grasped […]
By Shamindra Ferdinando The Supreme Court (SC) on Feb. 10 dismissed a contempt of court application filed by the Human Rights Commission of Sri Lanka (HRCSL), delivering a shock therapy to the latter. The HRCSL filed the contempt case against the Chairman of the Ceylon Electricity Board (CEB) N.S. Illangakoon, the Secretary to the Ministry […]
The United National Party (UNP) has decided to suspend 1,137 local council members. The UNP members had contested past local council polls under the UNP ticket but later supported other political parties. As a result, the UNP Working Committee unanimously decided to suspend 1,137 local council members. (Colombo Gazette)
Street food stalls in Kimbulawala have been given conditional go ahead after the matter was raised in Parliament. The Government said that the stalls were ordered to be relocated as they obstruct vehicular movement and pedestrians. Minister Prasanna Ranatunga said that a fixed time has now been given for the stalls to operate in the […]
Sri Lanka President Ranil Wickremesinghe emphasised the importance of having a proper plan to strengthen the country’s economy, during a meeting with businessmen and lawyers in the Kandy district.The post Having Proper plan to strengthen Sri Lanka’s economy is important – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP appeared first on Colombo Telegraph.
[…]The post Ballot Or Bloodbath? appeared first on Colombo Telegraph.
Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.
By Tessa Wong & Fan Wang China’s claim that the US has flown balloons into its airspace marks the latest in a series of shifting positions the country has taken on a saga that has gripped the world. It has been almost two weeks since the US first accused China of floating a spy balloon […]
Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.The post Sri Lanka to make $2.6 billion in loan repayments in first half of year appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Jehan Perera The local government elections are unlikely to take place as scheduled on March 9. This is on account of the government printer declining to print ballot papers without prior payment by the Election Commission. The Election Commission is on record saying that due to this delay in the printing of ballot papers, […]
By Shamindra Ferdinando Jathika Jana Balawegaya (JJB) lawmaker Anura Kumara Dissanayake has called for an end to the practice of spending taxpayers’ money to maintain former Presidents and their spouses. Bankrupt Sri Lanka couldn’t afford to look after political families, MP Dissanayake told a gathering in Colombo on Sunday. Referring to the former first lady […]
Is it a curse to be living in these times in this country? It feels like it is so. For we do not find peace of mind in anything, anywhere. Everything is working against the ordinary citizens of the country. The prices of bare necessities of life like food, fuel, electricity, water, transport, health care, […]
Tuesday 21st February, 2023 The Opposition seems to have lost the plot. The Rajapaksa-Wickremesinghe regime has almost succeeded in sabotaging the local government (LG) polls, which were originally scheduled for 09 March. The Election Commission, which told the Supreme Court that it would hold the polls, has thrown in the towel, and the people have […]
[…]The post Awaiting The Supreme Court’s Guidance On Elections appeared first on Colombo Telegraph.
The Japan International Cooperation Agency (JICA) is prepared to resume funding projects in Sri Lanka. JICA had suspended funding projects in Sri Lanka owing to the economic crisis and is awaiting a deal between the International Monetary Fund (IMF) and Sri Lanka to resume funding. A discussion was held today (20) between the State Minister […]
Japanese companies like Mitsubishi Corp. and Taisei Corp. are closing offices and canceling contracts in Sri Lanka as its devastating economic crisis makes doing business difficult.
[…]The post A führer In The Making appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Bitcoinisation Of Sri Lanka Economy appeared first on Colombo Telegraph.
By N Sathiya Moorthy The series of protests that political parties and public servants have threatened over the coming days, weeks and months has the potential of making Sri Lanka into a virtually ungoverned nation into an ungovernable country. In turn, this can have consequences for the much-needed economic recovery, which hinges on the triple […]
By Maleeha Lodhi PAKISTAN’S bane has long been a narrow, oligarchic power elite that has dominated its politics and controlled its economy at the cost of people’s welfare and the country’s progress and development. Its entrenched position over decades meant that governance challenges multiplied with force and intensity, leaving the country with daunting problems of […]
Sri Lanka continues to experience significantly high levels of food insecurity, the UN World Food Programme (WFP) said. WFP welcomed Stephanie Wilcock, Director for Asia, Latin America and the Caribbean of the U.S. Agency for International Development (USAID)’s Bureau for Humanitarian Assistance (BHA) on a visit to Sri Lanka. During the visit, Wilcock met with […]
The Sri Lanka Medical Association (SLMA) and the Expert Committee on Tobacco, Alcohol and Illicit Drugs have warned against the government move to legalise cannabis. It has, in a letter addressed to the Secretary to the President, Saman Ekanayake, asked the government “to be extremely cautious when considering any form of legalising of cannabis – […]
By Norman Palihawadane Colombo Archbishop Malcolm Cardinal Ranjith says Sri Lanka as a nation is now facing a moral crisis.Speaking at the annual prize giving ceremony of St Nicholas International College, Battaramulla, held at the BMICH recently, the Cardinal said that the Lankan society was infested with corruption, greed for money and thirst for power. […]
by Ram Manikkalingam Director, Dialogue Advisory Group Sri Lanka’s democracy is on a knife edge. When Gotabaya Rajapaksa fled his post, Ranil Wickremesinghe became acting president. And then he got officially elected to the post of President with the support of the Rajapaksas in parliament. Whatever our political views about Wickremesinghe, he did follow the […]