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[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
Sri Lanka’s worst post-war economic crisis represents a major blow to the country’s progress towards achieving the United Nations’ Sustainable Development Goals (SDGs), efforts that were already hobbled by the COVID pandemic. However, the situation is also providing impetus to the work of academics that are using their knowledge to tackle the immediate fallout from […]
[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
[…]The post Belated Damage Control Exercises Of Wickremesinghe & Sabry, Nothing But Exercises In Futility appeared first on Colombo Telegraph.
Sri Lanka noted the critical support given by US President Joe Biden at a time the country is facing a crisis. President Ranil Wickremesinghe said that without Biden’s help Sri Lanka will not be having a successful Maha Season, the President’s Media Division said. Wickremesinghe also said that measures have been taken to strengthen the 74-year-old […]
Catholics in Bahrain hail mainly from the Philippines, India and Sri Lanka. (UCAN) Pope Francis is set to make a four-day visit to Bahrain, a journey that will make him the first pope to visit the Arab kingdom just off the coast of Saudi Arabia in the Persian Gulf.The visit on Nov. 3-6 has two […]
[…]The post Britain’s New Prime Minister & Postcolonial Parliamentary Politics appeared first on Colombo Telegraph.
[…]The post Two Men, Two Cultures appeared first on Colombo Telegraph.
Thousands of Sri Lankans marched in the capital on Thursday to urge the government to halt its crackdown on protests against an unprecedented economic crisis that has engulfed the Indian Ocean nation for months.The post Sri Lankans march against government crackdown on protests appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Uditha Devapriya In my essay on H. D. Premaratne, I pointed out that Premaratne and Vasantha Obeyesekere were responsible for much of the changes that swept through the Sinhala cinema in the 1970s. Basically, they helped shatter the distinction that had prevailed until then between an artistic and a commercial cinema. Both directors focused […]
The Asian Infrastructure Investment Bank (AIIB), in its annual financial report, has outlined a fund of USD 100 million for crisis-hit Sri Lanka.The post AIIB outlines USD 100 million fund for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Asian Infrastructure Investment Bank (AIIB), in its annual financial report, has outlined a fund of USD 100 million for crisis-hit Sri Lanka.
[…]The post UK’s Bumpy Fall, Change Of Guard & Lessons Beyond! appeared first on Colombo Telegraph.
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
It is easy to criticise measures taken by authorities and those in power without providing any alternatives, Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe said.The post Sri Lanka’s Central Bank Governor asks critics to provide alternatives appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
People are born into the world and draw the breaths of human life. But not often are there people who depart leaving an impression that receives deep gratitude and honour from others. There are only a handful of souls who remain in the hearts and minds of the people in spite of their perishing bodies. […]
Tax evasion: By Shamindra Ferdinando SLPP MP Mahindananda Aluthgamage yesterday (25) said the Finance Ministry owed an explanation regarding its failure to regulate chartered accountants to increase state revenue. The former minister said so when The Island asked whether the Finance Ministry had cared to verify accusations he made in Parliament on 20 Sept., about […]
US Deputy Assistant Secretary of Treasury for Asia Robert Kaproth arrived in Sri Lanka for talks with the Government on the economy. The US Ambassador to Sri Lanka, Julie Chung tweeted saying Kaproth will meet with Government and economic leaders to discuss the way forward on economic recovery for Sri Lanka. Kaproth had talks with […]
Extending maturity of domestic debt by 10 years would reduce debt to GDP ratio faster
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
[…]The post Auditors Could Have Prevented Alleged ‘Thico’/Thilini Scandal appeared first on Colombo Telegraph.
Victims of the soft-peg was placed under exchange and import controls, and not de-controlling interest rates
[…]The post A Tale Of Two Addendums & Ekwa Negitimu Miscarriage appeared first on Colombo Telegraph.
[…]The post Politics Beyond 22 appeared first on Colombo Telegraph.
By Meera Sirinivasan As Sri Lankans continue braving their worst economic crisis since Independence, urban poverty on the island has tripled in the last year, from 5% to 15 %, according to a recent World Bank report.Sri Lanka is experiencing “its highest poverty rate since 2009 [when the civil war ended], and an erosion of […]
By SHIHAR ANEEZ Leaving his family and relatives was the hardest decision for Suren. But he had no other option.He never wanted to go abroad for work. An accountant by profession, Suren even had the opportunity to be promoted for a higher post at the private firm he was working at in Colombo. But he was […]
by Rajan Philips The Petroleum Products (Special Provisions) (Amendment) Bill had a quiet passage in parliament with a majority of 60 votes, 77 for and 17 against. What is disquieting is that only 94 of the 224 MPs (excluding the Speaker) were in parliament for the vote on a Bill on petroleum products, the mismanagement […]
[…]The post How Lanka Can Benefit From A Global Recession appeared first on Colombo Telegraph.
[…]The post Why Civil Society Is In Error appeared first on Colombo Telegraph.
After running out of reserves, Sri Lanka intervened and sterilized to mis-target rates with borrowed dollars