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[…]The post 2024: A Year Of Historic Choice appeared first on Colombo Telegraph.
Sri Lanka’s Central Bank Governor Dr. Nandala Weerasinghe has emphasized the importance of the continuity of the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF).The post Sri Lanka’s Central Bank Governor says IMF agreement must be continued under any Government appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framework document is expected to be formally launched in March 2024. Most economic forecasts place Sri Lanka on an average growth trajectory of 3% per […...
Pastor Jerome Fernando is to spend the New Year behind bars after the Colombo Fort Magistrate ordered that he be remanded further until 3rd January. The order was given when Fernando, who is currently in remand, was produced in court after spending Christmas Day in jail. Fernando was arrested on 1st December and remanded under […]
by Dr Upul Wijayawardhana Reading “From heyday to ‘hay day’”, the hard-hitting editorial laced with sarcasm (The Island, 18 December) and “Declining power and challenges before SLPP” by Shamindra Ferdinando in the Midweek Review of 20th December, I began wondering whether the recently concluded SLPP convention was the final flicker before the flame was extinguished […...
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
By N Sathiya Moorthy Reports of consensual sex involving over 5,000 girls under 16 (hence ‘legal rape) in just one police division, Kandy, should be a cause for serious national concern. The fact that President Ranil Wickremesinghe has sought further information in the matter, obviously for possible corrective measures that the government could initiate could only […]
by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people. This […]
Tuesday 26th December, 2023 It never rains but it pours. As if the multiple crises, armed conflicts and the ill-effects of climate change troubling the world were not enough, there are disturbing reports of Covid-19 raising its head again in some countries. The World Health Organization (WHO) has warned of an increase in the cases […]
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
The Minister of Labour and Foreign Employment Manusha Nanayakkara, highlighted the significant improvement in the country’s foreign reserves under the leadership of President Ranil Wickremesinghe.The post Government abled to increase foreign reserves to USD 3.6 Billion – Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Is True “System Change” In Sri Lanka Only A Fantasy? appeared first on Colombo Telegraph.
Sri Lanka thanked India for the assistance given to overcome the challenges the country faced during the economic crisis. At the invitation of the Speaker of the Lok Sabha of the Indian Parliament Om Birla, a 16-member multiparty delegation led by the Speaker of the Sri Lanka Parliament Mahinda Yapa Abeywardana visited India from […]
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Global Tamil Forum (GTF) has denied claims it was having talks with the Government on a political solution for the Tamils. Issuing a statement, the GTF said that it is the elected Tamil leaders on the ground who should undertake it at the appropriate time. “By fostering more understanding between religious and ethnic groups, […]
The United Nations (UN) recalled the lessons it learnt from the war in Sri Lanka where it was accused of failing to prevent the deaths of thousands of civilians. UNICEF Spokesperson James Elder told reporters in Geneva that he learnt a lot when he was in Sri Lanka in 2007-2008. He recalled that the UN […]
Former President and Sri Lanka Podujana Peramuna (SLPP) leader Mahinda Rajapaksa has slammed the tax policies of President and United National Party (UNP) leader Ranil Wickremesinghe. The SLPP is part of Ranil Wickremesinghe’s Government but is expected to contest separately at the next elections. Issuing a statement, Rajapaksa said that around 40 professional associations and […]
Former President of Sri Lanka, Mahinda Rajapaksa stated that tax policy will become a major political issue in 2024 after the VAT increase in the 2024 budget.The post Sri Lanka’s former President says Tax policy will become a major political issue in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Reducing The Tax Burden appeared first on Colombo Telegraph.
In actual fact the foundation for the current economic chaos was laid under the Yahapalana rule when they borrowed as much as USD 12 billion from the international bond market, at high interest rates, with them not even undertaking any developmental works, like the Rajapaksas, or, for that matter, any worthwhile economic activity. We certainly […]
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
[…]The post Champika Ranawaka’s Journey To Presidency: Forging His Own Path appeared first on Colombo Telegraph.
The Civil Society Initiative on Anti-Corruption Reform for Economic Recovery, comprising Transparency International Sri Lanka (TISL), Verité Research, the Centre for Policy Alternatives (CPA), Sarvodaya, People’s Action for Free and Fair Elections (PAFFREL) and the National Peace Council (NPC) (the CSI Core Group) has reiterateed its view that governance and anti-corruption priorities that have be...
[…]The post Don’t Disregard The Less Privileged appeared first on Colombo Telegraph.
[…]The post It Is The Society, More Than Polity That Is Responsible For Sri Lanka’s Predicaments appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program and cautioned against engaging in rhetoric merely for public appeasement without shouldering responsibilities.
A number of Tamil political parties and organisations have condemned the GTF (Global Tamil Forum)-led initiative aimed at promoting post-war national reconciliation though the US has welcomed it. Tamil civil society groups consisting of university students, families of the disappeared, religious groups, labour unions, academics, women groups et al jointly rejected the ‘Himalaya Declaration’ by [&#...
[…]The post Lending In A Recession: Banks Should Do Venture Capital Financing For Startups appeared first on Colombo Telegraph.