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Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said on Thursday (Jun 16), as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel. The country of 22 million people is caught in its worst financial crisis in […]
- Octane 95 Petrol available for 6 weeks (Category: Breaking News)
- Only limited amount of petrol available till 23rd June (Category: Breaking News)
- Final shipment of fuel under Indian Credit Line arrives in Sri Lanka (Category: Breaking News)
- Transportation of fuel temporarily suspended (Category: Breaking News)
[…]The post The National List & The House Of Duds appeared first on Colombo Telegraph.
- Important But Imperfect: Recommendations On The Draft 21st Amendment To The Constitution Bill (Category: Breaking News)
- Should The People Suffer In The Hands Of The Utterly Corrupt 1+225? (Category: Breaking News)
- Les Enfants Du Paradis – Part III (Category: Breaking News)
- Jugglery alleged in Constitution making process: SJB, Gevindu make strong case against jumbo Cab... (Category: Breaking News)
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
- Finland Prime Minister ousted, conservatives win tight vote (Category: Breaking News)
- Sri Lanka crisis raises alarm about further unrest in APAC region (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting over debt crisis (Category: Breaking News)
- Sri Lanka former leftist leader blames IMF for Russia’s invasion of Ukraine (Category: Breaking News)
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
“Japan is our long time friend; a nation that has helped our country greatly. But they are now unhappy with us."
- Japan grants US$ 510 million loan to Sri Lanka for social and economic development (Category: Breaking News)
- Crisis-hit Sri Lanka in process to mend Japanese ties after cancelling LRT, ECT projects (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
- Japan halts 12 JAICA projects in Sri Lanka until IMF provides roadmap: minister (Category: Breaking News)
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1... (Category: Breaking News)
- Sri Lanka: Typical Propaganda By A Corrupt Nefarious Regime! (Category: Breaking News)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
- How long will power cuts be? (Category: Breaking News)
- Sri Lanka revenue officers slam politicians, policy makers for tax cuts (Category: Breaking News)
- WB cuts China growth forecast to 8.2% (Category: Business)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
- IMF – Eagerly Awaited – Desperation Grows! (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
[…]The post Could A ‘National Government’ Resolve The Crisis? appeared first on Colombo Telegraph.
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
- Recent Political Violence And Its Consequences (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
- Inflation – Public Enemy Number One (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
Delays is fiscal reforms can reduce the recovery rate
- Exemptions for ACCA members to follow Australian MBA offered at CA Sri Lanka (Category: Business)
- National question must not be treated as a rift between the Sinhalese and Tamils with Muslims ca... (Category: Breaking News)
- 26th National CA Students’ Conference on 4 April (Category: Business)
- CA Sri Lanka goes to Kalmunai (Category: Business)
[…]The post A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn’t? appeared first on Colombo Telegraph.
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Modern Monetary Theory: Keynesianism In An Old Bottle? (Category: Breaking News)
Sri Lanka has been facing a severe economic crisis since the beginning of 2021 and was trying to cushion the effect of the financial instability by seeking help from almost all friendly countries. Sri Lanka sought the intervention of the good offices of the political hierarchy of Bangladesh and Pakistan, apart from India, for much-needed […]
- China assures will not harm Sri Lanka’s interests (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- China’s attitude puzzles Sri Lanka (Category: Breaking News)
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
- Changing Pillows To Cure Headaches: Concepts, Solutions & Actions (Category: Breaking News)
- President Must Resign Now! (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
- What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- The First Step Of Aragalaya Is Completed: What Is Next? (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
22-04-2022, Amsterdam: In the latest series of EFSAS interviews, Mr. Junaid Qureshi (Director EFSAS) welcomed virtually Professor Mick Moore, a highly regarded political economist and professorial fellow at the Institute of Development Studies at the University of Sussex. He is also the founding CEO of the International Centre for Tax and Development and was appointed […]
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
- 182 Experts Call For Debt Cancellation But Private Investors Play Hardball (Category: Breaking News)
- A Generational Shift To Face The Crisis In Sri Lanka (Category: Breaking News)
By Dr. Arujuna Sivananthan The consensus view is that Sri Lanka is in the midst of a Balance of Payment (BOP) crisis. It usually follows a period of large capital inflows and rapid economic growth. However, due to conflicting policy responses or policy slippage including irresponsible credit creation, an economy finds itself in a position ...
- A Sudden Stop or a Balance of Payments Crisis - Dr. Arujuna Sivananthan (Category: Breaking News)
- Sri Lanka’s central bank largely loses ability to create BOP deficits (Category: Breaking News)
- Sri Lanka Q3 GDP seen expanded 8.0%; full year 8.1% (Category: Business)
- Seven Months (Category: Business)
Treasury (T) Bill weighted average yields (WAYs) at last week’s weekly primary auction remained unchanged for the third consecutive week, last week, but those are not market determined yields, a market source told this reporter. Even in the case of US Treasuries, yields move at least one or two basis points (bps) up or down, ...
- Money Market’s Illiquid Status Deepens (Category: Breaking News)
- Rupee Strengthens, But Illiquid Status Worsens (Category: Breaking News)
- Reflections Of Low Economic Activity (Category: Breaking News)
- Fresh shock in forex market as rupee breaks 132 barrier to hit a month low (Category: Business)
By Dr. S. Narapalasingam The current moves of the powerful government in post-war Sri Lanka are mainly for sustaining the wartime military strength, preventing the resurrection of the smashed LTTE and developing the infrastructures, notably the roads and rail network,...
- Pro-poor growth and Economic growth in Sri Lanka - A critical analysis (Category: Breaking News)
- ‘Lions’ and the ‘Tigers’ of Sovereign Sri Lanka (Category: Breaking News)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
- Why Are The Structural Changes Necessary? (Category: Breaking News)
By Rakteem Katakey and John Duce Indian Oil Minister Murli Deora traveled to Nigeria, Angola, Uganda, Sudan, Saudi Arabia and Venezuela this year, leading a record number of delegations to gain oil for the world’s third-fastest-growing major economy....
- India makes inroads into Sri Lanka under China’s long shadow (Category: Breaking News)
- India explores acquisition of Lankan graphite mines (Category: Breaking News)
- China to create $300 b FX investment vehicle (Category: Business)
- ONGC Videsh keen on long-term partnership with Cairn India in Sri Lanka (Category: Business)
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