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[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- 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)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post 2024 Election Year; The Perennial Challenge Of Cleaning The Stables For Sri Lanka! appeared first on Colombo Telegraph.
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
- Keeping The Risen-Up Electorate Awake; An Imperative! (Category: Breaking News)
- Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections (Category: Breaking News)
- Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! (Category: Breaking News)
[…]The post Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! appeared first on Colombo Telegraph.
- Is Post-Crisis Essential Reforms Being Effectively Progressed? If Not What Is The Way Forward? (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Mr. President, Dawn Of The New Year Is The Time For Reflection & To Redress Citizens Grievances ... (Category: Breaking News)
- Proposed Enactment Of The Economic Transformation Bill (Category: Breaking News)
By MEERA SRINIVASAN As Sri Lanka tries to rebuild its battered economy after last year’s devastating crisis, the country’s political scene is gradually heating up, in the run up to two national elections scheduled next year — parliamentary and presidential — that will give citizens
- What is Jathika Chinthanaya? (Category: Breaking News)
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
… explains how Parliament enacted harmful laws By Shamindra Ferdinando Veteran lawyer Kalyananda Thiranagama said that the ruling Sri Lanka Podujana Peremuna (SLPP) should be held responsible for backing President Ranil Wickremesinghe’s economic strategy meant to privatise the remaining state enterprises. Addressing a public gathering in Colombo, the liberal civil society activist emphasised that ...
- Kanchana’s warning to restrict fuel supplies irrelevant, all imports already disrupted-SJB (Category: Breaking News)
- SLPP defends PTA, calls for probe into ‘terror’ angle (Category: Breaking News)
- GR’s ouster: Speaker urged to name foreign elements (Category: Breaking News)
- President’s agenda on track (Category: Breaking News)
The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue targets set under the programme, an official said on Wednesday.The post Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official appeared first on ONLANKA - Sri Lanka Latest Bre...
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- IMF to conduct bailout review for Sri Lanka in September (Category: Breaking News)
The International Monetary Fund (IMF) said its executive board cleared the first review of Sri Lanka's about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from the country's worst financial crisis in decades.The post IMF board approves first review of Sri Lanka’s nearly $3 billion bailout appeared first on ONLANKA - Sri Lanka Latest Breaking ...
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
- IMF board poised to approve $2.9 billion Sri Lanka bailout (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
By Shamindra Ferdinando One-time Foreign Secretary Kshenuka Senewiratne and Admiral Ravindra Chandrasiri Wijegunaratne (Rtd.) on Dec 04, 2023 assumed duties at the Sri Lankan High Commission in New Delhi and Islamabad, respectively. It would be pertinent to mention that Wijegunaratne previously served as the First Secretary/Defence Advisor of Sri Lanka High Commission in New Delhi […]
- Indo-Lanka relations:Shared challenges and ‘Quad’ strategies (Category: Breaking News)
- The Katchatheevu politics (Category: Breaking News)
- Vanni war and Israel-Gaza conflict: Funding catastrophes (Category: Breaking News)
- Norway departs as Indo-Lanka relations enter a new phase (Category: Breaking News)
The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of approximately US$ 337 million to Sri Lanka as part of a bailout package. The IMF said the Executive Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with access to SDR 254 million […]
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
- IMF Executive Board approves another US$336 million for Sri Lanka (Category: Breaking News)
- IMF reaches crucial staff-level agreement with Sri Lanka following first review (Category: Breaking News)
- Human Rights Watch fears IMF loan could erode rights in Sri Lanka (Category: Breaking News)
[…]The post Why NPP? appeared first on Colombo Telegraph.
- Homework For NPP (Category: Breaking News)
- NPP Deserves Fairness From Critics (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
- Politics Of Paranoia (Category: Breaking News)
[…]The post Was There A Conspiracy Behind The Easter Sunday Attacks?: A Follow-Up appeared first on Colombo Telegraph.
- Was There A Conspiracy Behind The Easter Sunday Bomb Attacks? (Category: Breaking News)
- Sri Lankan Catholic Church To Declare Easter Sunday Attack Victims As Saints: A Comment (Category: Breaking News)
- Will AKD Make The Cut? (Category: Breaking News)
- International terrorism expert tells govt. to rethink lifting ban on five Islamist organisations (Category: Breaking News)
[…]The post Should The Central Bank Act Be Amended By A Future Government? appeared first on Colombo Telegraph.
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- The Latest IMF Condition – Make The Central Bank Independent (Category: Breaking News)
[…]The post Will David Cameron Apply Magnitsky Sanctions On Sri Lanka After Promoting Investment For Its Controversial Port City Project? appeared first on Colombo Telegraph.
- UK urged to impose sanctions on Shavendra Silva and Jagath Jayasuriya (Category: Breaking News)
- What’s In Store In Geneva For The Sri Lankan Government (Category: Breaking News)
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- The Destiny Of China’s Colony Of Sri Lanka (Category: Breaking News)
by Harim Peiris As we approach the end of 2023 and with about a year to go for the next presidential election due before end 2024, President Ranil Wickremesinghe’s frequent refrain and indeed the rationale for his administration is the revival of the national economy after it was spectacularly
- UNDP and LKI Propose a ‘Blue Economy’ Approach for Sri Lanka’s Economic Development (Category: Breaking News)
- IMF should oppose restrictions on Freedom of Expression, Civil Society Groups (Category: Breaking News)
- Japan funds UNDP-led anti-corruption initiative, pledges about one million USD (Category: Breaking News)
- IMF Executive Board approves US$3 Billion under the Extended Fund Facility arrangement for Sri L... (Category: Breaking News)
Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.The post Sri Lanka to receive about $600 million ADB funding post-IMF approval – official appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year (Category: Breaking News)
- ADB approves $200 Million to sustain economic stabilization efforts in Sri Lanka (Category: Breaking News)
- Asian Development Bank vows more help for crisis-hit Sri Lanka (Category: Breaking News)
- World Bank releases additional USD 250 million for Sri Lanka to sustain economic reforms (Category: Breaking News)
[…]The post Resolving Systemic Debt Crises Needs A Paradigm Shift appeared first on Colombo Telegraph.
- IMF & Global Debt Crises (Category: Breaking News)
- Paris Summit To Push For Global Debt Reforms & What Sri Lanka Could Bring To The Table (Category: Breaking News)
- Lasantha Wickrematunge’s Assassination: Empty Promises Of Accountability (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
What has been widely described as the “historic” Supreme Court judgment which by a majority 4-1 decision of a five-judge bench held the Rajapaksa brothers, Mahinda, Gotabaya and Basil and other unelected officials including two past Governors of the Central Bank, a former Secretary to the President, a former Treasury Secretary and some members of […]
- SLPP convention on Dec. 15 (Category: Breaking News)
- Two ex-Presidents say people will find it impossible to live under new VAT regime (Category: Breaking News)
- Mahinda pledges support for President Ranil (Category: Breaking News)
- No expectation of returning to power, says Mahinda Rajapaksa (Category: Breaking News)
Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official (Category: Breaking News)
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF board approves first review of Sri Lanka’s nearly $3 billion bailout (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter by 2040, president says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka needs $100 billion to become net zero emitter by 2040, president says (Category: Breaking News)
- Govt. allocates 600 acres for proposed International Climate Change University (Category: Breaking News)
- Sri Lanka Commits to Net Zero Carbon Emissions by 2040 While Pursuing Economic Goals (Category: Breaking News)
- President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit (Category: Breaking News)
SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following
- Sri Lanka Shippers’ Council perturbed by rescinding of Gazette No. 2014/10 of Oct. 2017 (Category: Breaking News)
- The Origins Of Sri Lanka’s Economic Crisis (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- Expo 2014 coming next (Category: Business)
[…]The post The Origins Of Sri Lanka’s Economic Crisis appeared first on Colombo Telegraph.
- Video: Out & About 14th August 2014 (Category: Video)
- Video: Out & About 2014 09 04 (Category: Video)
- Video: 240714glasgow 2014 (Category: Video)
- Video: Today 21st November 2014 (Category: Video)
[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.
- IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
- SJB blames Rajapaksas for impending financial burden on public, calls for Government change (Category: Breaking News)
- Economy, debates and hard facts (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) will hold their CILT International Conference 2023, an event that brings together the best minds and practices in the field of logistics and transportation on 24th November, at the Balmoral, Kingsbury Hotel Colombo. The Main Sponsor for this year’s conference is Haulmatic Technologies, […]
- Professorial Points? (Category: Business)
- Sri Lanka keen to import ethanol from India (Category: Breaking News)
- Advantis Projects speeds ahead with the delivery of Sri Lanka’s largest Tunnel Boring Machines (Category: Breaking News)
- Advantis and Cordelia Cruises unite to unleash the ultimate cruising experience in Sri Lanka (Category: Breaking News)
By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday said that Parliament like other institutions should bear responsibility for the unprecedented economic crisis caused during President Gotabaya Rajapaksa’s administration. Minister Sabry said so when The Island sought his response as regards the responsibility of Parliament for the developing situation against the backdrop of the cou...
- Crisis: Sabry faults ‘handful of persons’ but won’t accept charge of economic crimes (Category: Breaking News)
- Sabry questions insistence of interested parties to cremate bodies of Covid-19 victims (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Kanchana’s warning to restrict fuel supplies irrelevant, all imports already disrupted-SJB (Category: Breaking News)
By Rathindra Kuruwita Historically, Sri Lankan governments have failed to reduce the budget deficit, SJB MP Eran Wickramaratne says. Sri Lankan governments have consistently looked at maximising revenue but paid minimal attention to curtailing expenditure, MP Wickramaratne has said. Even the International Monetary Fund (IMF) had not factored in state expenditures when the latest bailout […]
- Eran questions whether country needs so many ministers (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- Revenue raising measures insufficient to recover SL s financial crisis  SJB (Category: Breaking News)
- Govt. should not deviate from agenda of national needs in discussions to find solutions to crise... (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday.The post Sri Lankan inflation rises to 1% in October 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)
- CCPI based inflation drops to 66% in October (Category: Breaking News)
- Sri Lanka’s inflation slows down to 70.6% in October 2022 (Category: Breaking News)
- Sri Lanka’s inflation climbed to 60.8% in July – CCPI (Category: Breaking News)
By C. A. Chandraprema The judgement delivered by a divided five-member bench of the Supreme Court with regard to two fundamental rights cases numbered 195/2022 and 212/2022 filed by several individuals including Mahim Mendis, Chandra Jayaratne, Julian Bolling and the NGO Transparency International has stirred up a political storm. The majority judgment was delivered by […]
- Is Speaker’s announcement consistent with SC determination? (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
- Economic way forward; corruption; stunning SC ruling (Category: Breaking News)
- SC ruling on economic meltdown: Lacille wants wrongdoers appropriately dealt with (Category: Breaking News)
by Ahilan Kadirgamar Sri Lanka is going through its worst economic crisis since the 1930s, and the stabilisation policies of the Government could drastically change the political economic landscape of the country. Amidst these changes underway, education more broadly and the university system in particular, have come under considerable strain. In this column, I analyse […]
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Universities in crisis: Key learnings (Category: Business)
- The Long March To Nowhere (Category: Breaking News)
- Navigating challenges of dental education in Sri Lanka (Category: Breaking News)
[…]The post Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base appeared first on Colombo Telegraph.
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
- Target 2048 – Go For Creative Capital And Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off (Category: Breaking News)
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
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