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[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
- Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
The Ministry of Finance yesterday said that the focus of envisaged Rental Income Tax was on high-wealth individuals, and not on average income earners. In a statement titled ‘Clarification on Imputed Rental Income Tax’ the Ministry said: The recent publication of the International Monetary Fund (IMF) supported Extended Fund Facility (EFF) programme related documents make […]
- Govt to introduce imputed rental income tax due to failure to implement property tax? (Category: Breaking News)
- Smokers, drinkers hit by index linked taxes (Category: Breaking News)
- Finance Ministry issues clarification on proposed imputed rental income tax (Category: Breaking News)
- Revenue collection exceeds target for first quarter by more than Rs. 45 billion (Category: Breaking News)
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 […]
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
- Sri Lanka crisis raises alarm about further unrest in APAC region (Category: Breaking News)
[…]The post RW’s Economic Transformation Bill & NPP’s Systemic Transformation appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Politics Behind A Politician’s Gold (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Aragalaya’s Unfinished Business (Category: Breaking News)
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 […]
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- Debt restructuring strategy out in April (Category: Breaking News)
- Cancel Sri Lanka s debt, global economists tell creditors (Category: Breaking News)
- Sri Lanka s debt repayments to be suspended until 2028 (Category: Breaking News)
The International Monetary Fund (IMF) says that there has been sufficient progress for Sri Lanka’s Debt Restructuring process to move forward. Joining the IMF press briefing on Sri Lanka’s second review of EFF programme held virtually yesterday morning (14), IMF Senior Mission Chief for Sri Lanka Peter Breuer stated that the IMF fully respect the democratic […]
- Serious consequences of failing to implement IMF programme (Category: Breaking News)
- President now expects IMF bailout next month (Category: Breaking News)
- Delays in governance and transparency reforms in Lanka’s IMF bailout programme, says Verité Rese... (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
Groundbreaking solar-powered battery swapping stations recognized for their impact on sustainable urban mobility and economic development in Sri Lanka The U.S. Embassy announced on Friday that Sri Lanka’s USAID-funded Sri Lanka Energy Project (SLEP) has received top honours at the 2024 annual conference for the Society for International Development, the premier U.S. event for international [̷...
- Sling Hope (Category: Business)
- Sling King (Category: Business)
- Well-orchestrated drama to sling mud at Sri Lanka (Category: Breaking News)
- USAID to establish battery-operated swapping stations for E-bikes (Category: Breaking News)
The International Monetary Fund (IMF) states that sufficient progress has been made for Sri Lanka's debt restructuring process to move forward.The post IMF reports progress in Sri Lanka’s debt restructuring amid economic vulnerabilities appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- IMF hints no room for any new govt. to wriggle out of agreed reforms after polls (Category: Breaking News)
- Sri Lanka to receive first tranche of IMF funds in two days (Category: Breaking News)
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- IMF says Sri Lanka must reach timely restructuring deals with creditors (Category: Breaking News)
[…]The post Critique On IMF’s Second Review Under Extended Fund Facility appeared first on Colombo Telegraph.
- Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Only A Unified Approach Can Solve The Economic Crisis (Category: Breaking News)
[…]The post President RW Emphasizes He Has Not Deviated From The Principles Of The Democratic Socialist System appeared first on Colombo Telegraph.
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
- India ready to restructure its Colombo debt: What about others? (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
Nepal, which earlier hesitated to completely pivot towards China because of several economic and geopolitical factors, seems to have tilted heavily towards its big northern neighbor, giving it an opportunity to further increase its footprint in the Himalayan country’s political, economic, and social space. Yet what concerns Nepal watchers the most is the Himalayan nation’s […]
- India makes inroads into Sri Lanka under China’s long shadow (Category: Breaking News)
- Sri Lanka asks China to defer arrival of ship after India objects (Category: Breaking News)
- China’s developmental projects impacts climate, environment: Experts (Category: Breaking News)
- China must develop a more consensual approach to Himalayan water (Category: Breaking News)
[…]The post Uncertainty About Elections Can Cause Instability appeared first on Colombo Telegraph.
- System Change Happening In Wrong Direction (Category: Breaking News)
- IMF & LG Elections: Presidential Machinations & Opposition Myopia (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Supreme Court Shows Democratic Route To Government (Category: Breaking News)
[…]The post Voice Of The Voiceless appeared first on Colombo Telegraph.
- Black & White; No Shades? (Category: Breaking News)
- Evolution Of A Movement: From JVP To NPP: From Violent Offensive Against Police Stations To Bein... (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
- Are We Going To The Fringes Or Coming To The Middle? (Category: Breaking News)
[…]The post Modi 3.0 In India: What Next For Sri Lanka? appeared first on Colombo Telegraph.
- Target 2048: It Is Democracy & Not Authoritarianism That Will Do The Job (Category: Breaking News)
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
- Global Technological Developments & How Sri Lanka Should Reframe Its Growth Strategies (Category: Breaking News)
By Saman Indrajith Prime Minister Dinesh Gunawardena and Opposition and SJB Leader Sajith Premadasa yesterday congratulated Indian Prime Minister Narendra Modi on the victory recorded by his party BJP-led National Democratic Alliance at the Indian elections. Both the Prime Minister and the Opposition Leader said that the victory would further elevate the bilateral relations between […]
- Swaraj satisfied with visit to SL (Category: Breaking News)
- The Leader of the Opposition in Sri Lanka and former Prime Minister, Ranil Wickremesinghe seeks ... (Category: Breaking News)
- India s Congress leader Rahul Gandhi disqualified from parliament (Category: Breaking News)
- Sri Lanka’s Parliament congratulates Modi (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)
- Fly Highdream Big (Category: Breaking News)
- RW’s Economic Transformation Bill & NPP’s Systemic Transformation (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
[…]The post Historic Crimes Of The Chauvinistic Left: Struggle For Far Sighted Marxist Position appeared first on Colombo Telegraph.
- Historic Crimes Of The Chauvinistic Left: Why Defending Marxist Position Is Important (Category: Breaking News)
- Historic Crimes Of The Chauvinistic Left: Horror Of Indian Military & JVP (Category: Breaking News)
- Historic Crimes Of The Chauvinistic Left (Category: Breaking News)
- Abolition Of The Provincial Councils System: Reply To Milinda Moragoda’s Utterance (Category: Breaking News)
By Shamindra Ferdinando Attempts had been made to compel UNP leader Ranil Wickremesinghe to give up the premiership immediately after the then President Gotabaya Rajapaksa had left Janadhipathi Mandiraya in the early afternoon of July 09, 2022. That had been the devious Aragalaya strategy meant to pave the way for Speaker Mahinda Yapa Abeywardena to […]
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- Where have millions of USD invested in good governance and accountability projects et al gone? (Category: Breaking News)
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
- Prez makes headway amidst deepening turmoil (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 Historic Crimes Of The Chauvinistic Left: Horror Of Indian Military & JVP appeared first on Colombo Telegraph.
- Historic Crimes Of The Chauvinistic Left: Why Defending Marxist Position Is Important (Category: Breaking News)
- Historic Crimes Of The Chauvinistic Left (Category: Breaking News)
- Historic Crimes Of The Chauvinistic Left: Struggle For Far Sighted Marxist Position (Category: Breaking News)
- Reflecting On 34 Years: The JVP & The Legacy Of Comrade Rohana Wijeweera (Category: Breaking News)
[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
- Postponing Elections: Are There Limits To Popular Sovereignty? (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
Sri Lanka s Minister of Foreign Affairs Ali Sabry says that the western countries have shown their double standards by turning a blind eye to the crisis in Gaza and that, serious amendments must be made to the international laws on how the United Nations functions in order to protect
[…]The post Ranil Wickremesinghe’s Promises: The Parrot That Waited In Vain For The Fruit To Ripen appeared first on Colombo Telegraph.
- Losing Faith In Sri Lanka: Is Wickremesinghe Corrupt? Are Our Judges Fair? (Category: Breaking News)
- Suppressing Free Speech & Religious Freedom By Labelling Them Hate Speech (Category: Breaking News)
- Disagreeing With One’s Community That Is Wrong Is A Duty (Category: Breaking News)
- Four New Universities: A Premature Budget Proposal For Cheats (Category: Breaking News)
By Dr Upul Wijayawardhana Whilst THE USA and its allies continue to hound Sri Lanka for defeating terrorism, finding flimsy excuses for their warped actions, they seem to be turning a blind eye to the atrocities committed by their ally, Israel which continues to massacre the innocent breaking all rules with impunity. Their hypocrisy seems […]
- UN court hears South Africa genocide case against Israel (Category: Breaking News)
- UN world court calls for prevention of genocidal acts in Gaza (Category: Breaking News)
- Massacre of innocents and hypocrisy of West (Category: Breaking News)
- South Africa files genocide case against Israel at World Court (Category: Breaking News)
[…]The post NATO Expansion: The Untold Agreement & Its Role In The Ukraine War appeared first on Colombo Telegraph.
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II (Category: Breaking News)
- War On China? – V: A “Carnival” Of Quads (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- War On China? – II: US Military-Industrial Complex & The War Without End (Category: Breaking News)
President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the country overcomes bankruptcy this year. The President also mentioned that next year will see the launch of a program aimed at introducing modern agriculture to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
- No candidate vying for the presidency has announced plans to abolish executive powers (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Fostering a knowledge-empowered youth generation is imperative to meet future challenges -Presid... (Category: Breaking News)
By Shamindra Ferdinando Leader of the United Republican Front (Eksath Janaraja Peramuna) Patali Champika Ranawaka has alleged that the controversial outsourcing of the on-arrival visa processing to a foreign company violated the government procurement process, as well as the understanding with the International Monetary Fund (IMF) in respect of anti-corruption measures. The former Minister said [&...
- Visa muddle (Category: Breaking News)
- Visa controversy: SJB alleges Tiran Alles misled Parliament (Category: Breaking News)
- SLT Mobitel offered same service at USD 1 per person but VFS charges USD 25 plus – SJB (Category: Breaking News)
- Idiocy of new visa arrangements (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)
Air Asia, Supreme Global and Hayleys have been shortlisted from among the bidders looking to acquire SriLankan Airlines. Accordingly the field of potential acquirers for SriLankan Airlines has been shortlisted to three prominent contenders from the initial six bidders. The three companies shortlisted to further engage in the acquisition process include: Sherisha/Supreme Global Consortium : […...
- SriLankan Airlines poses questions on public concerns (Category: Breaking News)
- Malaysian company to partner with Supreme Global in SriLankan Airlines deal (Category: Breaking News)
- SriLankan denies claims flights grounded over financial issues (Category: Breaking News)
- SriLankan Airlines insists it has sufficient amount of pilots (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)
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