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[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
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 […]
[…]The post Critique On IMF’s Second Review Under Extended Fund Facility appeared first on Colombo Telegraph.
[…]The post President RW Emphasizes He Has Not Deviated From The Principles Of The Democratic Socialist System appeared first on Colombo Telegraph.
[…]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 […]
[…]The post Modi 3.0 In India: What Next For Sri Lanka? appeared first on Colombo Telegraph.
[…]The post Should The Economic Transformation Bill Proceed? – Part II appeared first on Colombo Telegraph.
[…]The post Should The Economic Transformation Bill Proceed? appeared first on Colombo Telegraph.
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
[…]The post A Global Tropical Coral Bank: Responding To The Increasing Frequencies Of Coral Bleaching & Loss appeared first on Colombo Telegraph.
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
[…]The post Whither The National Education Policy Framework Of Sri Lanka? appeared first on Colombo Telegraph.
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
[…]The post Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To The Governor Of The Central Bank appeared first on Colombo Telegraph.
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe stated that he expects to increase the growth rate of Sri Lanka’s economy to up to 3% by the year 2025 and mentioned that steps would be taken to increase the salaries of government employees.The post Sri Lanka Nursing University inaugurated appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022
[…]The post Valuing Japan’s Moral Ethos & Economic Assistance appeared first on Colombo Telegraph.
by Jehan Perera The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused […]
[…]The post Fleas Dream Of Buying A New Dog appeared first on Colombo Telegraph.
by Jayasri Priyalal [email protected] The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
Thursday 2nd May, 2024 The police have embarked on a campaign, parallel to their war on drugs, to clear busy intersections of beggars who solicit alms near traffic lights, causing much inconvenience to motorists. Scores of beggars have already been arrested and hauled up before courts for doing so, we are told. Sri Lankans drive […]
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]