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Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka, IMF reach preliminary agreement on emergency loan- reports (Category: Breaking News)
- IMF delegation to arrive in Sri Lanka on Thursday (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
- China’s offer not sufficient for IMF deal (Category: Breaking News)
Wickremesinghe is budgeting in a sea of monetary instability
- Sri Lanka tax revenues grow 29-pct up to May amid inflation (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- Sri Lanka banks cut foreign borrowings, see more deposit dollarization (Category: Breaking News)
- Sri Lanka plans to cut deficit to 6.8-pct of GDP in 2023 (Category: Breaking News)
By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]
- Women and children the most affected by Lanka’s economic crisis – ESCAP (Category: Breaking News)
- Sri Lankan women to protest today over the sexual abuse against women and children (Category: Breaking News)
- Govt may consider hangwomen if execution starts: State Minister (Category: Breaking News)
- Kalkudah to Arugam Bay and some canny decision making by JRJ (Category: Breaking News)
Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]
- Corporate sector offers policymakers a blueprint for CPC reform (Category: Breaking News)
- Armed soldiers forcing CPC employees to act against their will – Unions (Category: Breaking News)
- Remedy worse than malady? (Category: Breaking News)
- Govt.’s strong-arm tactics bound to fail, say petroleum unions (Category: Breaking News)
"If there is no flour, we simply cannot produce,” said Jayawardena.
- Sri Lanka’s bakers call for price controls on wheat flour after hurting egg farmers (Category: Breaking News)
- It’s a matter of ‘two quid of betel’-Wimal (Category: Breaking News)
- Sri Lanka’s bakers, candy makers urge govt. to impose price controls; allow imports (Category: Breaking News)
- Sri Lanka: Acute shortage for wheat flour in Colombo due to price hike (Category: Breaking News)
He said the new mechanism, upon its completion, will also ensure that transparent laws and systems are in place.
- Ensure integrity of nominations to Constitutional Council: Sri Lanka Bar Association (Category: Breaking News)
- Putin congratulates Sri Lanka president; looks to foster bilateral cooperation (Category: Breaking News)
- Political stability will help Sri Lanka turn a corner, president tells WSJ (Category: Breaking News)
- Sri Lanka’s gazetted 22nd amendment bill is a diluted version of itself: CPA (Category: Breaking News)
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares too are not going to be the same even as much as they had become in […]
- Ranil leading talks to form all-party Government (Category: Breaking News)
- Cabinet to resign after agreement reached on all-party Government (Category: Breaking News)
- Government to provide free food to 10% of the population (Category: Breaking News)
- President wants uninterrupted power (Category: Breaking News)
Motorists see queues again as many filling stations have run out of fuel stocks.
- Additional fuel to be dispatched to reduce queues (Category: Breaking News)
- Fuel queues seen outside several filling stations in Sri Lanka as schools reopen (Category: Breaking News)
- Nearly 300 filling stations temporarily closed in Sri Lanka after new payment system (Category: Breaking News)
- Mob sets Sri Lanka fuel station owner’s house on fire amid petrol queues (Category: Breaking News)
Sri Lanka is facing a looming food shortage after ban on fertilizer import
- Refugee Support (Category: Business)
- Food Deal (Category: Business)
- Food Acquisition (Category: Business)
- Food Oppression (Category: Business)
The United Kingdom (UK) has relaxed the travel advice on Sri Lanka. The UK Foreign and Commonwealth Office said that the UK no longer advises against all but essential travel to Sri Lanka. The updated travel advice notes that Sri Lanka is experiencing a severe economic crisis which has led to shortages of basic necessities including […]
- Some countries maintain travel advice on Sri Lanka (Category: Breaking News)
- Some countries maintain travel advice on Sri Lanka (Category: Breaking News)
- UK relaxes travel advice on Sri Lanka (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
"This is a positive step and I am positive that the winter tourism season will perform well."
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Over 400 respond (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
The UK government today (August 26) relaxed travel restrictions on Sri Lanka, stating that it no longer advises against all but essential travel to the island nation.The post United Kingdom relaxes travel restrictions on Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- United Kingdom expresses concern over Prevention of Terrorism Act (Category: Breaking News)
- UK revises travel advisory on Lanka (Category: Breaking News)
- No decision reached to impose travel restrictions in Western Province (Category: Breaking News)
- No decision reached to impose travel restrictions in Western Province (Category: Breaking News)
The UK no longer advises against all but essential travel to Sri Lanka
- Normal Status (Category: Business)
- Travel Show (Category: Business)
- UK revises travel advisory on Lanka (Category: Breaking News)
- Travel Destination (Category: Business)
As of August 23 more than six million vehicles have signed up for the QR system.
- Sri Lanka orders additional fuel stocks to smooth distribution amid shortage fears (Category: Breaking News)
- Sri Lanka to fully implement QR code system in fuel rationing from Aug. 1 (Category: Breaking News)
- Lanka IOC suspends Sri Lanka’s fuel token system (Category: Breaking News)
- Sri Lanka started issuing fuel only for National Fuel Pass holders from today (August 1) (Category: Breaking News)
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.The post IMF team to holds talks with crisis-hit Sri Lanka on debt restructuring appeared first on ONLANKA News :. Sri Lanka Breaking News Update...
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources (Category: Breaking News)
[…]The post Reliance On Repression Will Worsen Current Crisis appeared first on Colombo Telegraph.
- Criminalising Public Protest Will Only Delay The Inevitable (Category: Breaking News)
- Pardons & Amnesties To Heal The Divided Nation (Category: Breaking News)
- Non-Consultative Business As Usual Approach Belittles Nation Crises That Cry For Priority (Category: Breaking News)
- Calibrating The Time & Mode Of Elections (Category: Breaking News)
by Jehan Perera Early this year the government under President Gotabaya Rajapaksa amended the Prevention of Terrorism law. It accepted the position that the law was in violation of international standards and wanted to show it was committed to improving its human rights record. The ground was set to mitigate the pressures from the UN […]
- Spirit of magnanimity to accompany national problem solving (Category: Breaking News)
- New administration fails to reverse damaging policies of its predecessor (Category: Breaking News)
- A first indication of readiness to go on a new path (Category: Breaking News)
- Restoration of moral legitimacy is essential (Category: Breaking News)
Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.
- Sri Lanka to make cash transfers to the those hit hard by record kerosene price hike (Category: Breaking News)
- Sri Lanka to market price kerosene, give cash grant to needy: Minister (Category: Breaking News)
- Crop Collapse (Category: Business)
- Crisis-hit Sri Lanka hikes medicine prices (Category: Breaking News)
Workers who appeared for the test will also be given the opportunity to appear in another field next year.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Gunasekara said, under the current circumstances, the production cost per egg is 49 rupees which is above retail price.
- Eat eggs, eggs and more eggs as prices fall to lowest in decades (Category: Breaking News)
- Sri Lanka should focus on locally sourcing animal products: poultry association (Category: Breaking News)
- Sri Lanka’s bakers call for price controls on wheat flour after hurting egg farmers (Category: Breaking News)
- ‘Govt. makes a killing from egg imports’ (Category: Breaking News)
By Samarakoon Bandara A large number of persons with Non Communicable Diseases (NCD) are not taking prescribed medicines due to economic difficulties, and thus hospitals are filling up due to complications, Dr. Palitha Rajapaksha, the assistant secretary of the Government Medical Officers Association (GMOA) says. There were about three million people, over 60 years, and […]
- Lack of accountability costs SL more than corruption – PAFFREL (Category: Breaking News)
- ‘Govt. lacks mechanism to recover USD 40 billion spirited out of SL from 2008 to 2018’ (Category: Breaking News)
- GMOA: Politicians lie when they deny shortages at state-run hospitals (Category: Breaking News)
- Health experts call for enhanced trauma network and data-driven solutions to tackle high acciden... (Category: Breaking News)
In August alone 2,924 new cases were recorded in Sri Lanka, with 84 deaths attributed to the disease.
- Dengue cases steadily rising in Sri Lanka (Category: Breaking News)
- Mobile Awareness (Category: Business)
- Health Sourcing (Category: Business)
- Immigrant Health (Category: Business)
By Rathindra Kuruwita Health Minister Keheliya Rambukwella on Monday (15) falsely had declared that the State Pharmaceutical Corporation (SPC) had begun the manufacture of new medicines, omperozole 20mg, levothyroxine 50mg, President of the College of Medical Laboratory Science (CMLS), Ravi Kumudesh said yesterday. “The Minister made this statement at an event purportedly to launch those [...
- Health Ministry Mafia causes staggering losses to state coffers: Rajitha (Category: Breaking News)
- Urgently needed cancer drug order cancelled abruptly – GMOF (Category: Breaking News)
- Kumudesh questions Keheliya’s stand on drugs imported outside procedure (Category: Breaking News)
- Govt halts emergency purchases of medicine (Category: Breaking News)
The grant was given in response to a request by Sri Lanka’s government.
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
The manufacturing PMI declined to 41.4 from 44.1
- Cooling Effect (Category: Business)
- SC experts say BMW hiring could lower jobless rate (Category: USA, South Carolina)
- Canada's GDP rises 0.3% in August (Category: Canada, Ontario)
- Agreement to be signed to set up a canned fish factory in Sri Lanka (Category: Breaking News)
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- Sri Lanka President revises budget amid inflationary blow off (Category: Breaking News)
Egg price is rs.65 and flour per kg is rs.310.
- Sri Lanka bakery owners shift price control drumbeat from eggs to wheat flour (Category: Breaking News)
- Eggs to be Imported (Category: Breaking News)
- Sri Lanka’s bakers call for price controls on wheat flour after hurting egg farmers (Category: Breaking News)
- Eat eggs, eggs and more eggs as prices fall to lowest in decades (Category: Breaking News)
[…]The post Did Bankruptcy Of Sinhala Language Help Push The Country Off The Cliff appeared first on Colombo Telegraph.
- Clifford ‘Cliff’ Lee Gagnon (Category: USA, Indiana)
- Clifford ‘Cliff’ Lee Gagnon (Category: USA, Indiana)
- Lasantha Wickrematunge’s Assassination: Empty Promises Of Accountability (Category: Breaking News)
- Manslaughter By Proxy (Category: Breaking News)
Broiler chicken and egg prices in Sri Lanka will rise further due to the shortage of dollars and the current economic crisis, manufacturers say.The post Price of an egg to hit Rs.70 in Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Price of 1kg chicken reduced by Rs. 100 – Eggs to be sold at Rs. 40 (Category: Breaking News)
- Sri Lanka increases the price of Indian egg to Rs. 43 (Category: Breaking News)
- Sri Lanka’s Egg Prices to Increase from Today (Category: Breaking News)
- Indian eggs to be sold at Sathosa outlets and Supermarkets in Sri Lanka from today (July 25) (Category: Breaking News)
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