@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
5791 results found in 2434 ms
Page 1 of 194
No one should forget past hardships due to shortages of medicines, fuel, and fertilizers.- Says the President at the annualContinue ReadingThe post “No one should forget past hardships due to shortages of medicines, fuel & fertilizers” appeared first on Newswire.
By Shamindra Ferdinando ‘Sarvajana Balaya’ political alliance consisting of former SLPP constituents has declared the grouping as the only viable alternative to President Ranil Wickremesinghe as SJB leader Sajith Premadasa as well as JJB/JVP leader Anura Kumara Dissanayake were pursuing the same agenda inimical to national interests. The grouping pointed out the position taken by […]
Sri Lanka reiterated its opposition to the UN evidence-gathering mechanism established by HRC resolution 46/1 and extended by resolution 51/1. The Sri Lanka delegation in Geneva told the UN Human Rights Council at the ongoing 56th Session that the evidence-gathering mechanism is unhelpful and only serves to divide and further polarize communities in Sri Lanka, with […]
President Ranil Wickremesinghe yesterday (19) announced the establishment of a new development bank to provide financial support to industrialists in Sri Lanka. This initiative will offer industrialists the opportunity to obtain loans at low interest rates, the President declared. The President also revealed plans to set up an Economic Commission to oversee these activities. A […]
[…]The post A Call For Justice: Natasha Edirisooriya’s Duty To Pursue A Fundamental Rights Case appeared first on Colombo Telegraph.
…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 […]
Sri Lanka's Ministry of Finance, Economic Stabilization and National Policies issued a press release on June 16, 2024, to address speculations regarding a proposed property tax mentioned in the International Monetary Fund (IMF) Extended Fund Facility (EFF) program documents.The post Sri Lanka’s Finance Ministry clarifies Imputed Rental Income Tax appeared first on Sri Lanka News | Breaking N...
[…]The post Opportunities For System Change Open Up appeared first on Colombo Telegraph.
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 post Sajith Premadasa, Sinhala Jokers, Kallathonis & The 13th Amendment appeared first on Colombo Telegraph.
Sri Lanka’s Ministry of Finance, Economic Stabilization and National Policies says the proposed homeowners tax will target high wealth individuals and not average income earners. The Ministry of Finance says the objective will be achieved by a suitable tax-free threshold to ensure that the tax is targeted on very high value property or multiple properties […]
[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
by Nalaka Samaraweera The new National Education Policy Framework (NEPF), currently being implemented by the government, has begun to be noticed by the public. However, there is a noticeable absence of an in-depth discussion on the implications of the policies it proposes. So far critics have quite convincingly pointed out the neoliberal motives behind the […]
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 […]
[…]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.
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 […]
Egg on the face or the Emperor’s new clothes? Pick what you will. Both the president and his government has made a song and dance about a Rs. 1,700 daily wage for plantation workers with President Ranil Wickremesinghe announcing it on May Day at a Ceylon Workers Congress (CWC) rally at Kotagala. Shortly thereafter Labour […]
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, […]
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 […]
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 [̷...
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.
[…]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 Deshamanya Dr Nissanka Wijeyeratne: A Rare Personality Above Normal Human Frailty appeared first on Colombo Telegraph.
[…]The post President RW Emphasizes He Has Not Deviated From The Principles Of The Democratic Socialist System appeared first on Colombo Telegraph.
[…]The post Historic Crimes Of The Chauvinistic Left: Why Defending Marxist Position Is Important appeared first on Colombo Telegraph.
Sri Lanka called on BRICS to ensure a rules-based order, not only when it suits the rich and powerful, but as an equitable and justifiable model for a sustainable world order. Foreign Minister Ali Sabry undertook an official visit to Russia at the invitation of his counterpart, Sergey Lavrov, Minister of Foreign Affairs of the […]
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 […]