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Indian External Affairs Minister Dr. S. Jaishankar has encouraged Indians to visit Sri Lanka if they want to travel overseas on holiday. He also noted that India’s assistance to Sri Lanka during its economic crisis has played a key role in enhancing India’s image among Sri Lankan citizens. “My first advice to you, the next […]
- India says it has done more for Sri Lanka than IMF (Category: Breaking News)
- India’s prudence towards Sri Lanka further consolidates the “neighbourhood first” policy of Prim... (Category: Breaking News)
- India’s Minister of State for External Affairs to visit Sri Lanka (Category: Breaking News)
- India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar (Category: Breaking News)
The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]
- Hatch and Sarvodaya launch “GoviLab” AgriTech Accelerator as part of National Agriculture Transf... (Category: Breaking News)
- Bill Melinda Gates Foundation to provide policy support to President s Office (Category: Breaking News)
- Bill and Melinda Gates Foundation’s assistance sought for upcountry (Category: Breaking News)
- Bill Gates to deepen engagement with Sri Lanka through BMGF (Category: Breaking News)
Verité Research has observed delays in governance and transparency reforms in Sri Lanka’s initial commitments under its International Monetary Fund (IMF) bailout programme, even though it has met most of its commitments. Verité Research, which tracks Sri Lanka’s progress under the Extended Fund
- Sri Lanka falls short on 19 transparency and legislative commitments to IMF programme - report (Category: Breaking News)
- CSI calls for inclusion of IMF identified actions in programme (Category: Breaking News)
- Fund View (Category: Business)
- Serious consequences of failing to implement IMF programme (Category: Breaking News)
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
- Sri Lanka’s book publishing industry faces crisis as 18% VAT sparks job losses and closures (Category: Breaking News)
- Indo-Lanka FTA to be revived and upgraded – Prez (Category: Breaking News)
- Prez has final say in making IMF agreement available to MPs (Category: Breaking News)
- President tells Wall Street Journal time not right for Gotabaya to return home (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe emphasized that Sri Lanka cannot simply rule out the relationship with the International Monetary Fund (IMF), referring to the complications that may arise if a decision is taken to do so.The post Sri Lanka cannot simply withdraw from IMF – President
- Sri Lanka seeks 10-year debt moratorium ahead of IMF bailout (Category: Breaking News)
- President meets IMF representatives (Category: Breaking News)
- President hopeful of commencing debt restructuring process by March (Category: Breaking News)
- Foreign envoys assure support for Sri Lanka to recover from economic crisis (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms, Human Rights Watch’s (HRC) Meenakshi Ganguly has said in a statement. The law would seriously threaten the right to freedom of expression as […]
- Law College calls for admission applications even before release of A/L results (Category: Breaking News)
- Novel project to help second year law students (Category: Breaking News)
- Rule of Law in SL must be upheld – US Ambassador (Category: Breaking News)
- BASL condemns govt. attempts to restrict freedom of expression (Category: Breaking News)
By Meenakshi Ganguly A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms. The law would seriously threaten the right to freedom of expression as Sri Lanka prepares for parliamentary and presidential elections […]
- Ongoing abuses undermining proposed TRC goals in Sri Lanka (Category: Breaking News)
- Rights groups urge strong UN resolution on Sri Lanka (Category: Breaking News)
- UN experts deplore use of purported AI to commit ‘domicide’ in Gaza (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- Isn’t cleansing hearts a political issue? (Category: Breaking News)
[…]The post Sri Lanka’s Proposed Internet Law Threatens Upcoming Elections appeared first on Colombo Telegraph.
- Tamils Detained For Commemorating War Dead: 9 Held Under Abusive PTA (Category: Breaking News)
- Wickremesinghe Govt. Continues To Repress Freedoms Of Expression & Pursue Policies Against Minor... (Category: Breaking News)
- Sri Lanka: IMF / World Bank – Systemic Reforms Needed (Category: Breaking News)
- Sri Lankan Govt. Should Withdraw Draft ‘Rehabilitation’ Law: Human Rights Watch (Category: Breaking News)
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
- President Positions Sri Lanka To Win International Support (Category: Breaking News)
- President holds bilateral talks with state leaders during NAM Summit in Kampala (Category: Breaking News)
- Non-aligned nations, once perceived as weak states, have evolved beyond that characterization -P... (Category: Breaking News)
- Reflect current changes in global financial institutions – President at NAM (Category: Breaking News)
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
- Govt. woos international community (Category: Breaking News)
- National Reconciliation & Archaeological Mischiefs (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Child’s Guide To UK’s Trade Concessions To Developing Countries (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
The National Peoples Power (NPP) says if it comes to power it will continue to work with the International Monetary Fund (IMF) and look to make changes to the current agreement with Sri Lanka. NPP MP Vijitha Herath said that the main opposition Samagi Jana Balawegaya was concerned over talks held
- NPP to revise IMF agreement (Category: Breaking News)
- Anura Kumara Dissanayake to contest for presidency (Category: Breaking News)
- NPP says world has changed and so has it (Category: Breaking News)
- Parliament split ahead of Presidential Election (Category: Breaking News)
ECONOMYNEXT –Sri Lanka’s economy is starting to recover under a stabilization program, and further progress has to be made on debt restructuring while monetary policy decisions have to be prudent to keep inflation down, an International Monetary Fund official has said. “A swift completion
The economic reform programme, implemented by the Sri Lankan authorities is yielding the first signs of recovery with positive real GDP growth in the third quarter of 2023, low inflation, increased revenue collection, and a build-up of external reserves, the IMF has said. Staying the course on the reform agenda is necessary for this stabilization […]
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
- IMF Deputy MD: Lanka’s economy showing tentative signs of improvement, but recovery remains chal... (Category: Breaking News)
- IMF sees “tentative signs of improvement” of Lankan economy (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer visited Sri Lanka from January 11 to January 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement.The post IMF staff concludes visit
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- 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)
The International Monetary Fund (IMF) says it is critical for Sri Lanka to swiftly complete the final agreements with the official creditors and reach a resolution with the external private creditors.
Although Sri Lanka s macro economy is gradually stabilizing, the country s economic recovery process is still in the infancy level and has yet to reach the broader population, says Peter Breuer, the Senior Mission Chief of the International Monetary Fund (IMF) to Sri Lanka.
The Leader of the Opposition Sajith Premadasa has met with a group of representatives of the International Monetary Fund (IMF) who are on an official visit to Sri Lanka.
The IMF representatives emphasised how important it is to carry out the reforms precisely as intended, while the Acting Minister of Finance, Hon. Shehan Semasinghe, expressed satisfaction with the progress of the reforms that Sri Lanka is implementing under his directions to overcome the economic crisis.
Senior Mission Chief of the International Monetary Fund (IMF) for Sri Lanka Peter Breuer and other IMF officials met with Minister of Power and Energy Kanchana Wijesekera on Wednesday (17 Jan.).
At a discussion at the World Economic Forum (WEF) stakeholder dialogue titled ‘Pulling back from the brink,’ held in Kurpark Village, Aspen, President Ranil Wickremesinghe outlined short-term strategies aimed at revitalizing Sri Lanka’s economy. Emphasizing tourism promotion, agricultural modernization and a focus on renewable energy, the President expressed the country’s eagerness to attract new ...
- Huge Landslide victory to UPFA with over 55 percent of the votes cast (Category: Breaking News)
- President Ranil Wickremesinghe submits draft of ‘Defence Review – 2030’ to the Cabinet (Category: Breaking News)
- President to attend 10th World Water Forum high-level meeting in Indonesia (Category: Breaking News)
- Full Text of State Dept. briefing on President Mahinda Rajapaksa's visit to US (Category: Breaking News)
The International Monetary Fund (IMF) has commended the economic reform endeavors pursued by Sri Lanka. The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva met President Ranil Wickremesinghe on the sidelines of the World Economic Forum in Davos, Switzerland
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- President visits residence of Sanath Nishantha (Category: Breaking News)
- King Charles sends special message to Ranil (Category: Breaking News)
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva commended the economic reform endeavors pursued by Sri Lanka during a meeting with President Ranil Wickremesinghe at the World Economic Forum in Davos, Switzerland.
[…]The post The Eyewash Of Doctors’ Salary Increased By 35000 Rupees appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali back in Gloucestershire (Category: Breaking News)
- Murali explains (Category: Sports)
- Murali Bites Back (Category: Breaking News)
By M. Rodwan Abouharb Associate Professor in International Relations, UCL and Bernhard Reinsberg Reader in Politics, University of Glasgow Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3
- 2024: An election year and global trends (Category: Breaking News)
- Where have millions of USD invested in good governance and accountability projects et al gone? (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
Jio Platforms, the telecom arm of Reliance Industries, has expressed interest in buying a stake in Sri Lanka Telecom PLC, the state-owned telecommunication company.The post Mukesh Ambani is taking his telecom playbook to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Reliance’s Jio, Gortune pre-qualify for Sri Lanka Telecom stake bid (Category: Breaking News)
- Mukesh Ambani s Jio Platforms may invest in Sri Lanka Telecom - report (Category: Breaking News)
- Mukesh Ambani interested in buying stake in SLT (Category: Breaking News)
- Sectoral Oversight Committee on National Security recommends not to privatise Sri Lanka Telecom (Category: Breaking News)
[…]The post Sri Lanka Supports US War-Mongers Against Houthis appeared first on Colombo Telegraph.
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- Israel – Most Condemned UN Member (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
- Who Is The Terrorist In The Israeli War On Gaza? (Category: Breaking News)
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