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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.
President Ranil Wickremesinghe said that people should not forget the hardships endured in the past due to shortages of essential resources such as medicines, fuel and fertilizers and called upon all citizens to unite behind the government’s initiative aimed at fostering a new economic transformation in Sri Lanka to ensure that future generations do not […]
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 […]
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 […]
By Vishvanath It is now clear that the proposed debate between SJB Leader Sajith Premadasa and his JVP/NPP counterpart, Anura Kumara Dissanayake (AKD), is a nonstarter in spite of streams of rhetoric let out by both sides frequently. On Thursday (June 06), the state-owned ITN hosted what it had advertised as a debate between Premadasa and AKD. […]The post Of that ‘one-man debate’ a...
…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 […]
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 ...
Sri Lanka s economy showed significant growth more than anticipated in the first quarter, marking a strong recovery from a severe foreign exchange crisis.
[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
President Ranil Wickremesinghe yesterday said that a pre-feasibility study for a land connection between Sri Lanka and India has been completed, and a full feasibility study will be conducted in the near future, the President’s Media Division said. The President stated so when he met with Most Rev. Dr. Fidelis Lionel Emmanuel Fernando, the Bishop […]
[…]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 […]
President Ranil Wickremesinghe and Mannar Bishop. Most Rev. Dr. Fidelis Lionel Emmanuel Fernando, discussed concerns over proposed renewable energy projects. The discussion took place at the Mannar Bishops House, Sunday. The Bishop of Mannar commended President Ranil Wickremesinghe for his economic reform efforts aimed at rescuing the country from its financial crisis. During their meeting, [̷...
[…]The post RW’s Economic Transformation Bill & NPP’s Systemic Transformation appeared first on Colombo Telegraph.
by Amal JAYASINGHE (AFP) When Sri Lanka’s economy crashed in 2022, people sought work abroad wherever they could find it — including ex-soldiers who joined forces fighting in Ukraine after Russia’s invasion. Now the veterans — some of whom swapped their life savings for what they thought would be lucrative, non-combat jobs — are desperate […]
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 […]
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, […]
Saturday 15th June, 2024 The Sri Lanka police are known for their efficiency, which is unfortunately selective in most cases. They swing into action and make arrests in double quick time when lawbreakers happen to be ordinary people. They even act on social media videos—and rightly so—in arresting suspects. A few weeks ago, they swooped […]
The Institute of National Security Studies (INSS) organized a closed-door Round Table Discussion (RTD) on “Sri Lanka’s Economic Security in 2024 - Evaluating the Outlook and Risks.”The post INSS Hosts Expert Panel on Sri Lanka’s Economic Security for 2024 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 post NPP: The Unrivalled Choice In Sri Lanka Politics appeared first on Colombo Telegraph.
The United Nations Development Programme (UNDP) says Sri Lanka’s economic crisis offers a historic opportunity to optimise the use of resources for SDG attainment. UNDP in Sri Lanka, Resident Representative, Ms. Azusa Kubota said that there needs to be concerted efforts to strengthen the linkages among planning, budgeting, monitoring and oversight and citizens’ engagement. The United […]
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 […]
In the wake of the SLPP reiterating its commitment to President Wickremesinghe, two groups of MPs – New Alliance and the SLFP among the ruling party – announced their partnership at a meeting held at Ambalantota on Saturday (08). Among the lawmakers present were Leader of the House Susil Premjayantha, Agriculture Minister Mahinda Amaraweera, Trade […]
Two care home owners in the UK say they would be unable to cope without the help of foreign staff from countries like Sri Lanka. Lakshmy and Philip Pengelly, who own Ashley Court Care Home in Llanelli, Carmarthenshire, said they had been forced to cut occupancy at their home because of staffing issues – until […]
[…]The post Uncertainty About Elections Can Cause Instability appeared first on Colombo Telegraph.
Monday 10th June, 2024 Presidential candidates of the SJB and the JVP-led NPP, Sajith Premadasa and Anura Kumara Dissanayake, respectively, have chosen to sprint even before the commencement of the next presidential race, which is a marathon, wherein one has to pace oneself skilfully to prevent fatigue and maintain momentum. The two sides have been […]