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The recent terror attacks in Jammu and Kashmir, alongside the unwavering support from some D8 nations to Islamist groups, underscore a disturbing convergence towards a common and dangerous goal: global jihad. India must prioritize its internal security and adopt an “inward first” approach to safeguard against this looming threat. The three recent terror attacks in […]
…interest payments alone increased by USD 2.8 bn; foreign debt USD 100 bn By Shamindra Ferdinando Declaring that the economy had further deteriorated under President Ranil Wickremesinghe’s watch since July 2022, dissident SLPP parliamentarian Prof. G. L. Peiris said that the government was working overtime to depict a much improved situation. Addressing the media at […]
Russian President Vladimir Putin and North Korean leader Kim Jong Un aim to further deepen ties between their nuclear-armed countries as the two men began talks soon after Putin arrived at Pyongyang international airport to a lavish red carpet welcome. Putin landed in the North Korean capital before dawn on Wednesday morning where Kim was […]
The Planters Association of Ceylon has called for a meeting with all concerned stakeholders to discuss the wage issue. Issuing a statement, the Planters Association of Ceylon said that such a dialogue is crucial for reaching a solution that ensures the prosperity of the tea industry and the well-being of its workers. The association has […]
Secretary to the Ministry of Justice, Prison Affairs and Constitutional Reforms, M. N. Ranasinghe, stated that the period from 2022 to 2024 will be historically significant for the highest number of law reforms in Sri Lanka. He highlighted that since 2022, 59 legal reforms have been passed in Parliament, with an additional 07 drafts and […]
by Neville ladduwahetty Sri Lanka’s Permanent Representative to the UN in Geneva, Himalee Subhashini Arunatilaka, in her statement to the HR Council stated that Sri Lanka has “consistently rejected Resolutions 46/1 and 51/1”, because Sri Lanka is “in fundamental disagreement with its unacceptable content in particular the so-called evidence gathering mechanism, the establishment ...
The Chinese People’s Liberation Army (PLA) Navy hospital ship, “Peace Ark” set sail from a military port in Zhoushan in east China’s Zhejiang Province on Sunday morning for Mission Harmony-2024 to visit three countries, including Sri Lanka. Chinese media reports said that this is the 10th Mission Harmony for “Peace Ark” since its commissioning in 2008. The […]
[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
Former Speaker and the National Movement of Social Justice (NMSJ) Chairperson Karu Jayasuriya, yesterday stressed the critical importance of effectively utilising the third tranche of the International Monetary Fund (IMF) bailout package. Jayasuriya has, in a media statement, said steps must be taken to ensure proper use of the funds. The IMF released the third […]
[…]The post AKD’s NPP Must Win, But Where Is His Agenda & Platform? appeared first on Colombo Telegraph.
By N Sathiya Moorthy First, Team Ranil had claimed that the incumbent would be a ‘national candidate’ in the presidential polls due by mid-October. Since then, President Ranil Wickremesinghe himself has declared that the polls will decide the country’s success or failure. According to him, if the people are satisfied with his government’s policies and programmes […]
[…]The post RW’s Economic Transformation Bill & NPP’s Systemic Transformation appeared first on Colombo Telegraph.
An Asian elephant in central Thailand has given birth to a rare set of twins, in what caretakers have described as a miracle. The mother, 36-year-old Chamchuri, was not expected to deliver twins and when she gave birth to a male calf last Friday, staff at the Ayutthaya Elephant Palace and Royal Kraal, had thought […]
Washington (District of Columbia, United States) The International Monetary Fund released $336 million as part of a bailout loan instalment for Sri Lanka despite delays in the crucial restructuring of its foreign debt, including to China, the Washington-based lender said Wednesday. The South Asian nation was starting to recover, but the economy was “still vulnerable and the path […]
The leaders of Italy and Germany have strongly rejected ceasefire terms laid out by Vladimir Putin to stop the war in Ukraine, as scores of countries gathered at a two-day summit in Switzerland to discuss ending the conflict. Italy’s Prime Minister Giorgia Meloni called the Russian president’s plan “propaganda” which effectively suggested that Ukraine “must […]
A high level delegation headed by the State Minister of Foreign Affairs Tharaka Balasuriya is scheduled to visit Russia to arrange for the repatriation of Sri Lankan ex-military personnel deployed in Russia for military purposes and the related discussions will be held on June 26 and 27, said Minister of Foreign Affairs, President’s Counsel Ali […]
Chair of the Sectoral Oversight Committee on National Security retired Vice Admiral Sarath Weerasekera has said an external mechanism is in place to prepare the ground for a war crimes probe against the Sri Lankan military and those who provided political leadership for the country’s war on terror. Addressing the last SOC held in the Parliamentary complex, […]
Arrangements are being made by the Faculty of Social Sciences and Languages of the Sabaragumawa University to hold its second International Conference on Social Sciences and Languages (ICSSL) on the 18th and 19th of December 2024. A press release said that the conference will feature a wide range of presentations on multidisciplinary research activities in the fields of social sciences […]
Sri Lanka’s HC in the UK Rohitha Bogollagama has sought an opportunity to engage in further discussions on the UK models of devolution with the Ministry of Justice and the Scottish government representatives.The Foreign Ministry revealed this in a press release issued on Wednesday (12) regarding a team led by HC Bogollagama with the UK […]
The Colombo Stock Exchange’s (CSE) implementation of the shortened settlement cycle for equity trades has been executed seamlessly with the first settlement under the T+ 2 cycle taking place on 12th June 2024, marking a significant milestone in Sri Lankan Capital Market operations. Investors have experienced swift payment processing, receiving their funds within two days […]
The International Monetary Fund (IMF) announced today (June 14) that Sri Lankan authorities have formulated an initial roadmap to relax restrictions on motor vehicle imports by 2025.The post IMF reports Sri Lanka’s roadmap to relax motor vehicle import restrictions by 2025 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The International Monetary Fund (IMF) announced the completion of the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing Sri Lanka to draw SDR 254 million (about US$ 336 million).The post IMF approves $336 million for Sri Lanka after second review appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
[…]The post Critique On IMF’s Second Review Under Extended Fund Facility appeared first on Colombo Telegraph.
Friday 14th June, 2024 The US presidential race has taken another dramatic turn with a federal jury finding President Joe Biden’s son, Hunter, guilty of having illegally purchased and possessed a gun while being addicted to crack cocaine. A sentencing date has not yet been set. The offence carries a prison term. Hunter is reportedly […]
[…]The post President RW Emphasizes He Has Not Deviated From The Principles Of The Democratic Socialist System appeared first on Colombo Telegraph.
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million). This brings the total IMF financial support disbursed so far to SDR 762 million (about US$1 billion). The Executive Board also concluded the […]
Twenty newly recruited officers to the Sri Lanka Foreign Service were welcomed to the Ministry by Foreign Secretary Aruni Wijewardane on Tuesday (11). The Foreign Secretary highlighted the important role of the Sri Lanka Foreign Service (SLFS) and the special responsibilities of all officers as public servants. She referred to the skills required in the […]
Ambassador comments on 2024 prez poll Russian Ambassador Levan Dzhagaryan said that regardless of the outcome of the presidential election later this year in Sri Lanka, the Russian Federation expected the new government to continue with what he called independent neutral foreign policy and preserve the continuity in friendly relations with Russia. Declaring that Russia […]
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, with Sri Lanka allowing the authorities to draw about US$336 million. This brings the total IMF financial support disbursed so far to SDR 762 million (about US$1 billion). The Executive Board also concluded the […]
The Executive Board of the International Monetary Fund (IMF) has approved Sri Lanka s second review under the Extended Fund Facility (EFF) programme, paving the way for the country to receive the third tranche of around USD 330 million, Sri Lanka s Foreign Minister Ali Sabry said.