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- colombogazette.com - Category : Breaking News - Relavancy : 0.13527057

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, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.117033504

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 and angry protests that led to the ouster of […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07166809

[…]The post Fleas Dream Of Buying A New Dog appeared first on Colombo Telegraph.

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- island.lk - Category : Breaking News - Relavancy : 0.080957726

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...

- colombotelegraph.com - Category : Breaking News - Relavancy : 2.7270553

[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.036205392

[…]The post The “Aragalaya“ Of 1848 appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.082755186

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 […]

- island.lk - Category : Breaking News - Relavancy : 0.087775126

Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]

- island.lk - Category : Breaking News - Relavancy : 0.3781553

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

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.036205392

[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05120216

[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.082755186

Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.041377593

The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 4.545092

[…]The post An Oxygen Economy appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.087775126

Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...

- island.lk - Category : Breaking News - Relavancy : 0.044792555

On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.058516752

[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.09252311

[…]The post The Impact Of The Next Election On The Economic Reforms appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.09252311

[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.

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- onlanka.com - Category : Breaking News - Relavancy : 0.25210354

The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) for April 2024, forecasts moderate growth in Sri Lanka’s economy of 1.9% in 2024 and 2.5% in 2025, following two consecutive years of contraction.The post Sri Lanka shows signs of recovery

- colombogazette.com - Category : Breaking News - Relavancy : 0.25210354

, forecasts Sri Lanka’s economy to record moderate growth of 1.9% in 2024 […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03657297

[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05120216

[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.041377593
- news.lk - Category : Breaking News - Relavancy : 0.06206639

Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.041377593

[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.07314594

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 […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.036205392

[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07166809

[…]The post Russian Presidential Election Results appeared first on Colombo Telegraph.

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- colombogazette.com - Category : Breaking News - Relavancy : 0.4456603

Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022

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