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[…]The post Army Bigwigs Have Made Shameful Attempts To Bury The Truth appeared first on Colombo Telegraph.
- Jobs for another 400 rehabilitated LTE cadres (Category: Breaking News)
- Govt. To Reintegrate Over 400 LTTE Members To Society (Category: Breaking News)
- 400 rehabilitated LTTE cadres to be released (Category: Breaking News)
- The Innocent Need Not Fear The Law – Impartial Law, That Is: Australia’s Example (Category: Breaking News)
[…]The post Why Should We Beg IMF? – When More Than $36 Billion To Be Recovered appeared first on Colombo Telegraph.
- Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
The World Bank today assured continued support to help the country navigate economic challenges, implement critical reforms, and chart a path towards a resilient and inclusive recovery. World Bank Vice President for South Asia, Martin Raiser, today concluded a four-day visit to Sri Lanka during which he met with Sri Lanka’s President and Minister of […]
- IMF Executive Board to decide on Sri Lanka’s EFF on March 20 (Category: Breaking News)
- World Bank to push for critical reforms in Sri Lanka (Category: Breaking News)
- World Bank suspends financing to Sri Lanka (Category: Breaking News)
- World Bank calls for increased transparency in Sri Lanka (Category: Breaking News)
The Court of Appeal today (February 28) issued a writ order quashing the charges against former Finance Minister Ravi Karunanayake in connection with two cases filed in Colombo High Court over Central Bank bond issuance.The post Court of Appeal quashes charges against Ravi Karunanayake in two Central Bank bond cases appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA New...
- Ex-Finance Minister released from two more charges in 2016 bond scam case (Category: Breaking News)
- Ravi Karunanayake points finger at Central Bank for country’s woes (Category: Breaking News)
- Bond Scam: Court released Arjuna Mahendran and 9 others from Public Property charges (Category: Breaking News)
- Ravi K case dismissed (Category: Breaking News)
The World Bank will continue to support Sri Lanka’s development reforms program, the representatives of the global financial institutions assured today (February 28).The post World Bank pledges continued support for Sri Lanka’s development reform programme appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- ADB Pledges Continued Assistance (Category: Breaking News)
- World Bank pledges continued support for Sri Lanka s development reform programme (Category: Breaking News)
- President Needs To Implement Pledges Before Elections (Category: Breaking News)
- China pledges continued development assistance (Category: Breaking News)
Vice President for the South Asian region of the World Bank, Martin Raiser, has assured the World Bank s continued support towards Sri Lanka s development reform programme.This was confirmed by the President s Media Division (PMD) a short while ago (28 Feb.).
- Data Mine (Category: Business)
- Rising Risk (Category: Business)
- ICT Boost (Category: Business)
- Aid Flow (Category: Business)
At least half a million people in Sri Lanka lost their jobs in 2022, majority of them being employed women and those in the industry and services sectors, the World Bank says.
[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution appeared first on Colombo Telegraph.
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – III (Category: Breaking News)
The European Investment Bank (EIB) says it is monitoring the offer made to Sri Lanka by the International Monetary Fund (IMF). Sri Lanka Ambassador to Belgium, Luxembourg, and Head of Mission to the European Union Grace Asirwatham met with Vice President of the European Investment Bank Kris Peeters in Luxembourg. Senior Loan Officer, Public Sector […]
- Bogollagama presents Copy of Letter of Credence to UK FCO (Category: Breaking News)
- Academy of International Business and University of the Pacific sign Memorandum of Understanding (Category: Breaking News)
- BASL concerned over Ranil’s attack on Saliya Pieris (Category: Breaking News)
- Sri Lanka to be promoted as a market for Chinese cruise ships (Category: Breaking News)
[…]The post Critical Steps Every Business Should Take to Protect Their Data appeared first on Colombo Telegraph.
- With the wave of a hand, Intel wants to do away with passwords (Category: Business)
- Passwords (Category: USA, South Dakota)
- Passwords (Category: USA, South Dakota)
- Passwords (Category: USA, South Dakota)
The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.The post World Bank’s IFC to provide Sri Lanka with $400 million financing appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- World Bank s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- Sri Lanka’s workers’ remittances exceed USD 400 Million in January 2024 (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
The International Finance Corporation (IFC) is to provide $400 million to three of Sri Lanka’s leading national banks to help facilitate imports of essential goods. IFC said it will support the private sector with critical financing, contributing to the country’s urgent need to stabilize the economy. Sri Lanka has been facing its worst economic crisis […]
- World Bank’s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- IFC to support Sri Lanka’s reforms and growth agenda (Category: Breaking News)
- Using the Indian Rupee for economic transactions will have positive impact on the tourism and ho... (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
A decision has not been taken to suspend the fuel pass QR code system from April, Power and Energy Minister Kanchana Wijesekera said today. There were reports that the fuel pass QR code system will be suspended from 10th April. However, Wijesekera said the system will continue. He said that data will be analysed and […]
- Special category to increase fuel quota to be tested (Category: Breaking News)
- New registrations for fuel pass temporarily suspended (Category: Breaking News)
- Last digit number system for fuel to be scrapped (Category: Breaking News)
- Sri Lanka to discontinue QR code based National Fuel Pass from today (September 01) (Category: Breaking News)
The International Finance Corporation (IFC), the World Bank s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.
The Monetary Board of the Central Bank of Sri Lanka has decided to reduce mandatory sale of export proceeds/receipts and inward workers’ remittances of commercial banks with effect from February 27, 2023.The post Sri Lanka’s Central Bank reduces mandated forex sales by banks to 15% appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Central Bank of Sri Lanka issues order slashing interest rates on lending products (Category: Breaking News)
- Central Bank’s ability to print money limited under new Act (Category: Breaking News)
- Sri Lanka’s forex reserves further hit by Bangladeshi move (Category: Breaking News)
- Bangladeshi banks asked to stop ACU transactions with Sri Lanka (Category: Breaking News)
More than 100 participants from Sri Lanka and the Maldives joined in a workshop on how to access the international instruments of climate finance. During the online workshop experts shared key insights and opportunities for accessing international climate funds. The interactive workshop also provided an opportunity to discuss the latest developments on this critical issue […]
- Sri Lankan stakeholders prepare for COP 27 in Joint Climate Change Dialogues (Category: Breaking News)
- Sri Lanka briefs India on talks with the IMF (Category: Breaking News)
- US to increase development investment in Sri Lanka by US $19.2 million (Category: Breaking News)
- The Coca-Cola Foundation and Sri Lanka Red Cross Society come together to uplift over 1,800 wast... (Category: Breaking News)
by Prof. R.P. Gunawardane A very interesting article, ‘Ceylon’s first university in memory and imagination’, by Ernest Macintyre in The Sunday Island of 12 February 2023 describing the life at University of Ceylon, Peradeniya Campus in fifties prompted me to write about the life at Peradeniya Campus in the next decade, the nineteen sixties. Macintyre […]
- Protesting students block Peradeniya-Galaha road (Category: Breaking News)
- Police use tear gas on Peradeniya University students protest (Category: Breaking News)
- March to Colombo stopped (Category: Breaking News)
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
[…]The post Crisis-Hit Sri Lanka Economy appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
- Citizens Should Be Aware Of The Burden Of Total Government Expenditure (Category: Breaking News)
India, G20 president, will showcase its success in the digital economy and may offer conditional help to other countries to further advance their own digital economy and payments infrastructure, Business Standard has learnt. The host may also hold advanced discussions with G20 partners and multilateral institutions on reducing the sovereign indebtedness of poorer nations in […]
- Prudent Canada (Category: Business)
- Deficit Spenders (Category: Business)
- European Confidence (Category: Business)
- Pow Wow (Category: Business)
[…]The post Aragalaya’s Unfinished Business appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Anti-Terrorism Act To Prevent System Change (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
The G20 Finance Ministers and Central Bank Governors who met in Bengaluru, India from February 24-25, 2023 said that they look forward to a swift resolution to Sri Lanka’s debt situation. India’s Minister of Finance Nirmala Sitharaman, reading the Chair Summary and Outcome Document of the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, […]
- Sri Lanka briefs India on talks with the IMF (Category: Breaking News)
- Ranil reveals China’s refusal to agree with India, Paris Club (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
- Sri Lanka to attend IMF-led sovereign debt roundtable (Category: Breaking News)
The International Monetary Fund (IMF) on Saturday called for ‘timely and orderly processes’ under common framework with regards to Sri Lanka’s debt resolution. The island nation faced severe economic crisis which resulted in high debt.The post IMF calls for ‘timely and orderly processes’ of debt resolution for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lan...
- IMF chief seeks timely resolution of Sri Lanka’s debt restructuring (Category: Breaking News)
- IMF calls for timely and orderly processes of debt resolution for Sri Lanka (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF (Category: Breaking News)
The World Bank has called for quick restructuring of Sri Lanka’s debt. World Bank President David Malpass said that Sri Lanka and other middle-income countries were in need of quick debt restructuring. “We should work together to achieve solutions – Zambia MoU, Ghana official creditors’ committee, Ethiopia rescheduling, and Sri Lanka financial assurances. All of […]
- World Bank assures Sri Lanka support (Category: Breaking News)
- Continue engaging with Sri Lanka’s official bilateral, private sector creditors – World Bank Chi... (Category: Breaking News)
- Former UK PM David Cameron holds talks with RW (Category: Breaking News)
- BASL concerned over Ranil’s attack on Saliya Pieris (Category: Breaking News)
International Monetary Fund Managing Director Kristalina Georgieva has called for a timely resolution of Sri Lanka’s debt restructuring. She said that timely and orderly processes are needed both for countries under the Common Framework (CF) for debt resolution and for those not covered by it, including Sri Lanka and Suriname. Georgieva made the statement the […]
- IMF says G20 Common Framework delivering for Sri Lanka (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
- IMF in talks with China to restructure Sri Lanka’s debt (Category: Breaking News)
- IMF chief says China helped reach debt relief deal for Sri Lanka (Category: Breaking News)
Discussions were held in the National Council Sub-Committee to identify short- and medium-term programs related to stabilization regarding rural credit and social security programmes when the National Council subcommittee met in Parliament under the chairmanship of Member of Parliament Patali Champika Ranawaka on Thursday (23). Representatives including the Central Bank of Sri Lanka, the Ministry ...
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option.The post IMF flags debt restructuring hurdles, says banning crypto should be an option appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - O...
- IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructurin... (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues (Category: Breaking News)
- IMF flags debt restructuring hurdles for distressed economies (Category: Breaking News)
U.S. Treasury Secretary Janet Yellen stresses that committing to specific and credible financing assurances for Sri Lanka is "most urgent".The post Specific, credible financing assurances for Sri Lanka “most urgent” – U.S. Treasury Secretary appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Yellen ‘eager’ to work with China on debt, other global challenges (Category: Breaking News)
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
- Janet Yellen warns US could run out of cash by 1 June (Category: Breaking News)
By Saman Indrajith SBJB MP Harsha de Silva said that he had asked the Gotabaya Rajapaksa administration to seek IMF assistance in 2020. “At that time a U.S dollar was selling at Rs 200. The interest rates were around six percent. Inflation was around six percent. The situation is completely different today. Our interest rates […]
- Harsha accuses govt. of being secretive about debt negotiations with international commercial cr... (Category: Breaking News)
- Domestic debt restructuring: Harsha insists money belonging to EPF members must be safeguarded (Category: Breaking News)
- Sri Lanka on China-IMF agenda (Category: Breaking News)
- Harsha predicts 18 % VAT will have devastating effect on farming (Category: Breaking News)
By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
- Pakistan: Imran Khan’s high-stakes election gamble (Category: Breaking News)
- Does The Proposed Contempt Of Court Bill Amount To 23rd Amendment To The Constitution? (Category: Breaking News)
- China’s space success linked with its larger political, diplomatic goals: Report (Category: Breaking News)
- Indian embassy in Kuwait organises beach cleaning drive, 500 volunteers take part (Category: Breaking News)
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