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Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
Speaker Mahinda Yapa Abeywardena on Monday (01) said he had not alleged that Colombo-based embassies had been behind ‘Aragalaya’ Speaker Abeywardena said so in response to a query raised by dissident SLPP MP Gevindu Cumaratunga. Cumaratunga asked the Speaker as to why a proper investigation hadn’t been launched into his (Speaker) declaration on March 21 […]
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
By Saman Indrajith Opposition and SJB Leader Sajith Premadasa told Parliament yesterday that if he was elected President, he would launch a fresh Presidential Commission probe into the Easter Sunday terror attacks. Premadasa said that he along with the rest of the people had been demanding justice over the Easter Sunday terror attacks for the […]
Speaker Mahinda Yapa Abeywardana dismissed a conspiracy theory linked to the mass protests staged in Sri Lanka in 2022 to oust then President Gotabaya Rajapaksa. MP Wimal Weerawansa alleged that there was a foreign hand in the ‘Aragalaya’’ protests and called for it to be investigated. He told the Speaker that Parliament must hold a […]
Vavuniya district is known as a district that was neglected in terms of physical facilities and nationality, which ended up living a harsh life during the 30-year war. This year's program 'Jayagamu Sri Lanka', which confirms the need to give more attention to the district in providing foreign jobs, was successfully concluded on March 29-30 last two days, benefiting the youth community, professiona...
The Israeli parliament has approved a law giving the government the power to ban broadcasts of TV channels including Al Jazeera, the Qatari-owned network. Prime Minister Benjamin Netanyahu said he would “act immediately” to close the network’s local office. The US expressed concern over the move. With foreign journalists banned from entering Gaza, Al Jazeera […]
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
Iran’s Revolutionary Guards says seven officers have been killed in an Israeli strike on the Iranian consulate building in Syria’s capital, Damascus. Brig-Gen Mohammad Reza Zahedi, a senior commander of the elite Quds Force, and Brig-Gen Mohammad Hadi Haji-Rahimi, his deputy, were named among the dead. Iran and Syria’s governments condemned the attack, which destroyed […]
India is to ask Sri Lanka to allow Indian fishermen to fish near Katchatheevu, India’s External Affair Minister S Jaishankar said. Amid disclosures through RTI that India did not try hard enough to keep Katchatheevu, External Affairs Minister S Jaishankar said the Indian Government will open negotiations with Sri Lanka over the implementation of the […]
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
by Saman Indrajith The SJB in Parliament yesterday demanded to know from the government what action it would take to bring home over 50 Lankans held hostage by a Myanmar terrorist group. Chief Opposition Whip and Kandy District MP Lakshman Kiriella said that around 56 Lankans were being illegally held in Myawaddy area. These Lankans, […]
Tuesday 2nd April, 2024 SJB MP Dr. Harsha de Silva has lashed out at his former boss, ex-President Maithripala Sirisena, for what is described as an attempt by the latter to implicate India in the Easter Sunday carnage (2019). Simply because Sirisena makes an allegation, nobody will hasten to blame India or any other country […]
The Defence Ministry has urged all members of Lankan tri-forces not to join Russian or Ukraine military forces through illegal means. In response to foreign media reports regarding the Sri Lankan soldiers killed in the Russia– Ukraine war, the Defence Ministry has said that although information has that members of Sri Lankan security forces have joined those […]
Somalia is keen to explore opportunities for partnerships with Sri Lanka, the President of Somalia Hassan Sheikh Mohamud said. Sri Lanka has identified potential areas of cooperation with Somalia as it lies on the crossroads of international maritime and global sea trade, providing easy access to markets in Africa, the Middle East and Europe. This […]
The Government of Sri Lanka donated USD 01 million to assist children impacted by the conflicts in the Gaza Strip. The donation was formally transferred to the Government of Palestine through the United Nations’ official channel, overseen by President Ranil Wickremesinghe at the Presidential Secretariat, Monday. President Ranil Wickremesinghe personally presented the donation cheque to [R...
Former Indian Finance Minister P Chidambaram on Monday defended the agreement to give away the Katchatheevu island to Sri Lanka. He said this agreement was arrived at in 1974 and 1976 after long negotiations. “PM Modi is referring to a recent RTI reply, he should refer to the RTI reply of January 27, 2015, when […]
The Indian government has so far rescued 250 citizens in Cambodia who were forced to run online scams. They were promised jobs but “forced to undertake illegal cyber work”, India’s foreign ministry said. Recent reports have said more than 5,000 Indians stuck in Cambodia were forced to operate cyber-fraud schemes. Hundreds of thousands of people […]
MP Namal Rajapaksa, the newly appointed National Organiser of the Sri Lanka Podujana Peramuna (SLPP) and Member of Parliament for the Hambantota District, stated that former President Gotabaya Rajapaksa refrained from using guns to suppress the struggle, despite having a mandate of 6.9 million voters.The post Gotabaya did not suppress Aragalaya as he did not want the State to fall – Namal ap...
By Shamindra Ferdinando Samagi Jana Balawegaya (SJB) parliamentarian Kavinda Jayawardena yesterday (31) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should accept the responsibility for creating conditions for public protests that led to the overthrowing of President Gotabaya Rajapaksa. The Gampaha District MP was responding to Speaker Mahinda Yapa Abeywardena’s declaration that powerfu...
The Navy brought ashore a fisherman who fell sick aboard a local fishing trawler in the southern waters of Sri Lanka. The Navy said that the fisherman had been retrieved by a nearby bulk carrier, and the operation had been coordinated by the Maritime Rescue Coordination Centre (MRCC) Colombo. The patient was rushed to the […]