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Uncertainty facing the global economy next year will exacerbate challenges at home for China, economists in Beijing say, while urging swift support to help counter external headwinds. As the risk of global recession looms, China should stay alert to turbulence in international markets and the potential of another financial crisis, said former vice-finance minister Zhu […]
[…]The post Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth World appeared first on Colombo Telegraph.
China has opened the backdoor channel for assessing ties with US as Washington is “proactively making preparations for a conflict in the Taiwan Strait when it happens”, reported The HK Post. Information trickled in about the visit to New York of a group of former Chinese officials in early November as part of the largest […]
The United Nations (UN) has secured USD 101.5 million for Sri Lanka through a humanitarian appeal. The UN said the funds will be provided to 3.4 million of the most vulnerable people in Sri Lanka. “Delighted to announce that today, a milestone has been achieved. UN HNP appeal reached $101.5 m thanks to the generous […]
Jagoda stands by accusations By Shamindra Ferdinando Health Minister Keheliya Rambukwella has revealed that in respect of funds that had been made available by the Asian Development Bank (ADB) to procure urgently needed medicine, the entire procurement process was handled by that organisation. The disclosure was made at a hastily arranged media briefing on Wednesday […]
An estimated 5.7 million people (26 per cent of the population) or more are now in need of humanitarian assistance, with at least 4.9 million (22 per cent) being food insecure, a situation report by International Federation of Red Cross And Red Crescent Societies (IFRC) said. The report issued on December 28 said the current […]
[…]The post Ragging, Lack Of Discipline & Political Protests In Universities: Who Is To Blame? appeared first on Colombo Telegraph.
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
… insists he did not bypass President By Shamindra Ferdinando Health Minister Keheliya Rambulwella yesterday (28) said his Ministry was struggling to procure 153 medicines currently in short supply or out of stock in government hospitals despite the availability of a New Delhi credit line to buy the required medicines and surgical items from India. […]
Only those who could survive this crisis are the ones who could make earnings in foreign currency, Sri Lanka’s Central Bank Governor Dr. Nandalal Weerasinghe recently said.The post Businesses with dollar income sources will only survive this crisis – Central Bank Governor appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
21-A prerequisite for IMF loan: By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, owed an explanation as regards his claim that the International Monetary Fund (IMF) had demanded the enactment of 21 Amendment to the Constitution as a prerequisite for the finalisation of USD 2.9 bn Extended Fund Facility Arrangement (EFFA) with Sri Lanka, retired […]
[…]The post Corruption & Psychopathic Tendencies: Pet Dogs, Incompetency & Beds To The Foray appeared first on Colombo Telegraph.
By Meera Sirinivasan Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF), according to Central Bank Governor P. Nandalal Weerasinghe. In September, the IMF reached a staff level agreement with Sri Lanka for a $2.9 billion package to help the island nation […]
ECONOMYNEXT –Fresh discussions between President Ranil Wickremesinghe and the opposition TNA has focused on the release of political prisoners and lands in former conflict zones, a TNA legislator said.TNA parliamentarian M A Sumanthiran told reporters that the discussion followed an all-party meeting held recently on finding a permanent solution to Sri Lanka’s ethnic issue. “Last […]
by Nihal Jayawickrama From the best possible vantage point, Bernard Percival Peiris was a witness to the unfolding of history. In 1947, with the entering into force of the new Constitution under which Ceylon achieved self-government, he was instructed by Prime Minister D.S. Senanayake to take charge of the Cabinet Office as its Assistant Secretary. […]
[…]The post The Dog’s Case of Professor Ashu & Hirunika’s Indiscretion appeared first on Colombo Telegraph.
Burkina Faso’s Government has expelled the top UN diplomat in the country who was a former UN official in Sri Lanka. Barbara Manzi, the United Nations’ resident and humanitarian coordinator in the West African nation, was declared persona non grata, the foreign affairs ministry said in a statement. Burkina Faso has been wracked by violence […]
[…]The post Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? appeared first on Colombo Telegraph.
By Kamal Bogoda The Ranil Wickremesinghe administration would soon sign the controversial Millennium Challenge Compact (MCC) and Status of Forces Agreement (SOFA), leader of the Lanka Sama Samaja Party (LSSP) Prof. Tissa Vitharana said on Tuesday addressing the party’s 88th anniversary. He said that these agreements were to be signed during the yahapalana administration. “If […]
President Ranil Wickremesinghe stressed that everyone should unite to fulfil their moral responsibility for the country, sidelining the traditional political system of trying to grab power at the next election by palming off all the responsibilities on the government.The post Step out of traditional politics and fulfil moral responsibility – President appeared first on Sri Lanka News - Lates...
Sri Lanka's National Consumer Price Index (NCPI) (LKNCPI=ECI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said on Wednesday.The post Sri Lanka’s national consumer price inflation eases to 65% in November appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post The TGTE; Past, Present & Future appeared first on Colombo Telegraph.
By Easwaran Rutnam Former Norwegian peace negotiator Erik Solheim has ruled out playing the role of mediator between Tamil political parties and the Government, to push for a political solution for the national issue. Solheim had talks with Tamil political parties and others, including Opposition Leader Sajith Premadasa, in Colombo this week. Speaking to Daily […]
A Sri Lankan bank has opened a VOSTRO account in India with the State Bank of India, confirmed the Indian High Commission in Colombo.The post Sri Lankan bank opens VOSTRO account in India appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Shamindra Ferdinando The European Union will not continue with the Generalised Scheme of Preferences (GSP-plus) facility unless the Wickremesinghe-Rajapaksa government holds the Local Government elections soon, Prof G. L. Peiris, MP, has warned. The Local Government bodies have to be constituted on or before March 20, 2023. The former Foreign Minister has said that […]
The United Nations World Food Programme (WFP) is rapidly scaling up its emergency operations in Sri Lanka. Recently, the WFP in Sri Lanka welcomed Dustin Shiau, Senior Regional Program Officer of the U.S. Agency for International Development (USAID)’s Bureau for Humanitarian Assistance (BHA), on a visit to Sri Lanka. He met with food-insecure communities and […]
[…]The post President, Politicians & The National Question appeared first on Colombo Telegraph.
[…]The post Human Rights Protection Requires More Inclusive Approach appeared first on Colombo Telegraph.