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The International Monetary Fund (IMF) says macroeconomic policy reforms are starting to bear fruit in Sri Lanka. Julie Kozack, Director of the IMF Communications Department said that commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth, while preserving stability of the financial system. “Program performance is strong with most qu...
- IMF says Sri Lanka yet to finalize deal with bondholders and creditors (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) believes Sri Lanka will soon finalize agreements with external commercial creditors that align with program goals.The post IMF expects Sri Lanka to finalize deals with creditors soon appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
[…]The post Can Sajith Foul Up Ranil’s Well-Laid Plans? appeared first on Colombo Telegraph.
- Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
[…]The post Should The Economic Transformation Bill Proceed? appeared first on Colombo Telegraph.
- Should The Economic Transformation Bill Proceed? – Part II (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry (Category: Breaking News)
Poverty is one of the most pressing and pervasive issues facing the world today. It affects billions of people globally, diminishing their quality of life, limiting their opportunities, and perpetuating a cycle of deprivation that can span generations. Understanding poverty requires a multidimensional approach that goes beyond mere economic measures. It encompasses social, cultural, political, [...
- Pro-poor growth and Economic growth in Sri Lanka - A critical analysis (Category: Breaking News)
- The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises (Category: Breaking News)
- Springboarding From The Aragalaya To A New Nation We All Deserve (Category: Breaking News)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
[…]The post Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Failure? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- IMF Bailout: Will Enforced Austerity Lead To A Fascist Government? (Category: Breaking News)
A seven-member delegation from Sri Lanka, focusing on public procurement, commenced a three-day experience-sharing visit to Bangladesh Public Procurement Authority (BPPA). The visit aims to understand the electronic Government Procurement (e-GP) system, introduced by BPPA. The delegation was welcomed today at BPPA by the Chief Executive Officer (CEO) of BPPA, Mohammed Shoheler Rahman Chowdhury. E....
- Australian GP hails more competitive season (Category: Business)
- Dialog roaming customers win F1 bonanza to watch British GP (Category: Business)
- Organisers predict Indian GP sellout (Category: Business)
- Chinese GP cancelled because of country’s ‘ongoing difficulties’ with Covid (Category: Breaking News)
In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Sri Lankan Department of Immigration and Emigration has reintroduced the “Investor Visa” program. This revamped initiative, aimed specifically at non-Sri Lankans interested in purchasing condominium units, is set to go live online on June 1st, 2024. The announcement followed a […]
- Cabinet approves draft FTA between Sri Lanka and Thailand (Category: Breaking News)
- Sri Lanka raises deep concerns with Canada over statements on genocide (Category: Breaking News)
- Sri Lanka seeks technical assistance from U.S to fight corruption (Category: Breaking News)
- Thailand approves visa-free entry for visitors from Sri Lanka (Category: Breaking News)
Group B preview: Australia and England will be favourites to progress out of Group B at the T20 World Cup, but Namibia, Oman and Scotland have shown previously they are more than capable of causing an upset or two. The two most recent champions along with three spirited associates make up Group B of the […]
- Do What You Like Vs Like What You (Have To) Do! (Category: Breaking News)
- World Cup head to head: India vs Australia (Category: Breaking News)
- USA vs Canada: oldest rivalry renewed at cricket’s biggest T20 World Cup (Category: Breaking News)
- India Vs England (Category: Breaking News)
Sri Lanka has again requested Canada not to repeat baseless allegations of genocide here. Foreign Secretary Aruni Wijewardane took up the issue when she met Canadian Deputy Minister for International Development Christopher MacLennan at the Ministry of Foreign Affairs on Wednesday (28) Recently, Foreign Ministry accused Canadian Prime Minister Justin Trudeau of repeatedly propagating lies […...
- Japanese FM Kamikawa due here (Category: Breaking News)
- Maldivian FM due here next week (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- Sabry hits out at Trudeau over India-Canada diplomatic row (Category: Breaking News)
During the “Advancing Energy Transition” round table discussion at the Hilton Colombo on Wednesday (29) morning, President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable energy and explore future trends in green hydrogen in Sri Lanka. The event, held in collaboration with the World Bank, the Ministry of Power and Energy, […]
- Cleaner Fuel (Category: Business)
- Portugal's green energy dilemma (Category: Technology)
- Can human power replace batteries? (Category: Technology)
- Former football coach Lou Holtz tests positive for COVID-19 (Category: USA, Mississippi)
Sri Lanka is studying South Australia’s energy transition policy, which looks at net-zero emissions by 2050. President Ranil Wickremesinghe said that Sri Lanka needs to decide if it requires energy transition legislation. “Some countries have energy transition legislation. We have also looked at that. We have looked at some areas such as South Australia. It […]
- Solutions sought to tackle marine litter near Sri Lanka (Category: Breaking News)
- Shaping Sri Lanka’s industrial recovery: Industry and government leaders convene (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- Hemas Consumer Brands Spearheads Environmental Stewardship Across the Island (Category: Breaking News)
[…]The post Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Waging Peace! (Category: Breaking News)
The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
The United National Party (UNP), led by President Ranil Wickremesinghe, has proposed a referendum to extend the terms of both the Sri Lankan President and Parliament by two years.The post UNP proposes referendum to Extend Presidential and Parliamentary terms by two years appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Referendum on prez poll not possible without 2/3 House majority (Category: Breaking News)
- SLPP shoots down proposal to postpone elections (Category: Breaking News)
- Democracy Is Founded On Elections: Lawyers Collective Condemns Range Bandara’s Statement (Category: Breaking News)
- Lawyers’ Collective condemns proposal for poll postponement (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) at 8.50 percent and the Standing Lending Facility Rate (SLFR) at 9.50 percent.The post Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Steady Hand (Category: Business)
- Unchanged (Category: Business)
- Monetary Policy (Category: Business)
- Policy Stance (Category: Business)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively.
The plantation industry raised its strongest possible objections to the Government’s ”arbitrary, reckless, unilateral decision” to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling opera...
- No final decision on Rs. 1700 daily wage (Category: Breaking News)
- Government considers taking back loss making plantation companies (Category: Breaking News)
- Minister Jeevan warns plantation companies (Category: Breaking News)
- Minimum daily wage for plantation workers increased to Rs. 1,700 (Category: Breaking News)
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- NPP & Its Critics (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
A fake report about a new cyber heist in Bangladesh Bank (BB) has hit news headlines in some media outlets in Bangladesh and some foreign countries. News coverage about the latest false rumour on cyber heist blames officials of the central bank of Bangladesh and aims to malign the Bangladesh government. It may be recalled […]
- Colombo hosts inaugural SAARC ‘Public Debt Managers’ Forum 2012’ (Category: Business)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Sri Lanka’s Financial Intelligence Unit signs MOU with four other counterparts (Category: Breaking News)
- DEFAMATION BILL: Pakistani Government’s New Weapon To Silence Critics (Category: Breaking News)
The Sri Lankan Foreign Ministry, in a hard-hitting statement alleged yesterday that repeated statements by Canadian Prime Minister Justin Trudeau with regard to Sri Lanka are the outcome of electoral vote bank politics there, funded by a small number of Canadians of Sri Lankan origin with vested and personal interests. The Ministry alleged Premier Trudeau’s […]
- Contradictions by Canada on ‘genocide’ in Sri Lanka (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- Sri Lanka rejects Canadian Prime Minister’s genocide allegation (Category: Breaking News)
- Sabry hits out at Trudeau over India-Canada diplomatic row (Category: Breaking News)
By Sanath Nanayakkare The barriers to financial inclusion have been a longtime problem in Sri Lanka as financial literacy has thus far been the prerogative of only the nation’s affluent customers. However, eventually the Central Bank of Sri Lanka, 40 other national institutions, the public and private sector of the country along with the United […]
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
- Banking/Financial maestro no more (Category: Breaking News)
- FSP opposes move to make Central Bank of Sri Lanka independent of Parliament (Category: Breaking News)
- Commercial Bank joins Central Bank to promote financial literacy among SMEs (Category: Business)
The MCA “G” division 25 – Over League Tournament 2024, last of the main tournaments in the MCA 2024 season, sponsored by Stafford Motor Co. (Pvt.) Ltd for the 13th successive year, got underway on the 4th of May The MCA – Stafford Motor Company partnership is the 3rd longest running sponsorship with the highest […]
- Harsha: Contents of IMF agreement may turn out to be jackpot for some persons (Category: Breaking News)
- Global Cricket Club Junior Championship kicks off (Category: Breaking News)
- St. Anthony’s, Nalanda declared joint champions (Category: Breaking News)
- ICC makes changes to Playing Conditions (Category: Breaking News)
Pan Asia Bank is happy to announce that it has formed a new agreement with Wogi, a Global Digital Platform of loyalty and digital incentives. This partnership aims to provide greater customer engagement through customer rewards, which in turn advances our mission to offer consumers cutting-edge, environmentally friendly banking products throughout Sri Lanka. “In Pan Asia Bank, we always put...
- Special Credit Card for government pensioners (Category: Breaking News)
- Samurdhi Authority loses monies in Pan Asia stocks (Category: Breaking News)
- Pan Asia Bank joins hands with AIA Insurance to bring world-class protection, health and investm... (Category: Breaking News)
- Pan Asia Bank hosts memorable Avurudu celebrations for its employees (Category: Breaking News)
[…]The post G.C. Rodrigo: Friend, Colleague & Comrade: ‘When Alone Think Clearly; When With Others Speak Carefully’ appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- AKD’s Offer To Form An Interim Administration Is Sensible (Category: Breaking News)
- What Sri Lanka Can Take Away From The US Elections (Category: Breaking News)
- යුද්ධය, සාමය සහ මුසාවාද (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka consumer inflation dips to 49.2% year-on-year in March (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
Sri Lanka’s Ministry of Foreign Affairs rejected the “false allegation” of a so-called “genocide” in Sri Lanka in a message by Canadian Prime Minister Justin Trudeau on 18 May 2024. The Government of Sri Lanka in all previous communications has categorically refuted such outrageous allegation of genocide in Sri Lanka. No competent authority in Canada […]
- Sri Lanka hits back at Canadian Prime Minister over comments (Category: Breaking News)
- Canadian PM remembers Black July when Sri Lankan Tamils were killed (Category: Breaking News)
- Sri Lanka rejects motion on alleged genocide adopted in Canadian Parliament (Category: Breaking News)
- Canadian PM remembers Tamil victims of Sri Lanka’s war (Category: Breaking News)
The International Monetary Fund (IMF) this week praised Sri Lanka for the progress it has made in implementing economic reforms, despite the difficulties faced by the public.The post IMF praises Sri Lanka’s economic progress amid challenges appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Monetary Reserves (Category: Business)
- Top Marks (Category: Business)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF mission concludes visit to Sri Lanka, expresses satisfaction on economic progress (Category: Breaking News)
by Neville Ladduwahetty The question cited above was the title of an article published in Ceylon Today by N. Sathya Moorthy (SM), who identifies himself as a Chennai based Policy Analyst/Political Commentator (Friday 10, 2024).The answer to his question is – NOT YET. For the present, stealing is limited to marine assets and the destruction […]
- Implications of India – Sri Lanka connectivity (Category: Breaking News)
- Jaishankar pledges energy support, says bilateral creditors must be equally treated (Category: Breaking News)
- Renewable energy, India extends hand to Sri Lanka (Category: Breaking News)
- PM Modi’s comments: ‘Ensure dignity and respect for Tamils’ (Category: Breaking News)
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