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[…]The post Homework For NPP appeared first on Colombo Telegraph.
- Aragalaya Effect Vs IMF Effect (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
- NPP Deserves Fairness From Critics (Category: Breaking News)
- Economy, Easter Phoenix & Politics (Category: Breaking News)
Sri Lanka's central bank is considering moving towards a single policy rate mechanism to ensure better signaling of its monetary policy stance, Governor P. Nandalal Weerasinghe said on Wednesday.The post Sri Lanka central bank to consider a single policy rate mechanism appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
- Sri Lanka central bank holds rates, sees sharp drop in inflation (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year.The post Japan urges early signing of debt MoU between Sri Lanka and creditors appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka, Japan agree to resume stalled projects including light rail (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Japan urges early signing of debt MoU between Sri Lanka and creditors (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
By Sanath Nanayakkare When a country is in an economic crisis, it creates an environment conducive to implementing economic reforms which would be difficult to do in good times, however, it still depends on how far the reformist leaders can shape the opinion of the people and the people’s
- Sajith promises revolutionary economic reforms (Category: Breaking News)
- People must have confidence of ability to access Justice: Wijeyadasa (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- ADB country chief hopes Lanka could sustain policy reforms despite elections (Category: Breaking News)
By DEVENDRA SAKSENA Currently, the words ‘debt trap’ have a distinctly Chinese connotation. According to the Western press, the Chinese, as part of their geostrategy, have inveigled poor nations into borrowing huge amounts from them for fanciful infrastructural projects; almost all borrower countries are in dire economic straits, because most such projects are lying incomplete, […]
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- IMF China and debt-trap (Category: Breaking News)
[…]The post Is VAT, A Payment For Past Sins Or A Bitter Pill To Swallow? appeared first on Colombo Telegraph.
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Why is Singapore dollar strong and SL rupee weak? (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
[…]The post Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties Abound appeared first on Colombo Telegraph.
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Is It 1848 Again? Unrest This Time Is Global (Category: Breaking News)
- A Bleak Forecast For 2024 & Beyond: Politics (Security), Economics & Military (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
by Neville Ladduwahetty What Sri Lanka has achieved since it declared itself insolvent is hailed by some with much optimism. The “relative stability” currently experienced is presented by the Governor of the Central Bank “as the outcome of a united effort from the outset” (The Island, December 26, 2023). The focus of that collaborative effort […]
- Sri Lanka Government revenue surges by 43.5%, yet expanding budget deficit spurs VAT hike (Category: Breaking News)
- Estimated Rs 1,400 bn, from VAT in 2024 (Category: Breaking News)
- VAT 18% from next year (Category: Breaking News)
- A high-wire act (Category: Breaking News)
[…]The post Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy appeared first on Colombo Telegraph.
- Should The Central Bank Act Be Amended By A Future Government? (Category: Breaking News)
- Continuing With Tight Monetary Policy: Is The Central Bank Making A Mistake? (Category: Breaking News)
- Critique On IMF’s Second Review Under Extended Fund Facility (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
Sri Lanka President Ranil Wickremasinghe officially declared open the new headquarters complex of Sri Lanka Air Force (SLAF) in Akuregoda, Battaramulla on January 01, 2024.The post Sri Lanka President opens new Headquarters of Sri Lanka Air Force appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka President joins the Defence Ministry’s New Year celebrations (Category: Breaking News)
- Princess Anne meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
- Sri Lanka President says he will not tolerate any breach of law and order in the country (Category: Breaking News)
- U.S. Ambassador Julie Chung meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
A Cabinet Sub Committee appointed to propose solutions to the issues faced by Sri Lanka cricket, has called for accountability in the system. The report addressing issues in Sri Lanka’s cricket realm, prepared by the Cabinet Sub-Committee, was presented to President Ranil Wickremesinghe. Minister of Foreign Affairs Mr. Ali Sabri, PC, who chairs the committee, […]
- Sri Lanka appointed a cabinet sub-committee to look into activities of Sri Lanka Cricket (Category: Breaking News)
- Draft constitution for Sri Lanka Cricket board presented to President (Category: Breaking News)
- Cabinet approval mandatory to appoint cricket interim committee (Category: Breaking News)
- Court issues stay order on Sri Lanka Cricket’s Interim Committee (Category: Breaking News)
The report addressing issues in Sri Lanka’s cricket realm, prepared by the Cabinet Sub-Committee, was presented to President Ranil Wickremesinghe today (01). Minister of Foreign Affairs Ali Sabri, PC, who chairs the committee, handed over the report. Notably, this report was swiftly completed within a brief span of one and a half months following the […]
- Chitrasiri Committee report on new constitution for Sri Lanka Cricket to Cabinet Sub-Committee (Category: Breaking News)
- Cabinet Sub Committee appointed to resolve Sri Lanka cricket issues presents it report to Presid... (Category: Breaking News)
- Sri Lanka appointed a cabinet sub-committee to look into activities of Sri Lanka Cricket (Category: Breaking News)
- Cabinet sub-committee appointed to look into Sports Minister’s gazette (Category: Breaking News)
[…]The post My View Completes 13 Years: Still Batting & Not-Out Yet appeared first on Colombo Telegraph.
- 600 Articles Over 11 Years: What Did They Tell The Reading Public & Policymakers? (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
[…]The post Sri Lankan Dream For 2024 & Beyond: Changing The System appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Adopting A Humanist Approach To Empower Youths For National Development (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Is True “System Change” In Sri Lanka Only A Fantasy? (Category: Breaking News)
Monday 1st January, 2024 We wish we could strike a positive note today, but to do so would be to ignore the harsh socio-economic reality, and even insult the intelligence of the public. All, however, is not lost, and no one should give up hope; there is room for some optimism. Hope is said to […]
- More virulent than Covid! (Category: Breaking News)
- COVID raising its head again (Category: Breaking News)
- COVID Fund wound up (Category: Breaking News)
- Five more Covid-19 deaths confirmed (Category: Breaking News)
Sri Lanka’s inflation rose to 4.0 percent in December, the third consecutive monthly rise as the cash-strapped nation was set to increase taxes from the New Year.The benchmark Colombo Consumer Price Index jumped by 1.7 points to reach 195.1, or a 4.0 percent increase compared to a year ago when inflation was 57.2 percent. The […]
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
Tourist arrivals in Sri Lanka crossed the 200,000 mark in December, the highest arrivals for the last four years in one month. Tourism Minister Harin Fernando said that total arrivals for 2023 will be almost close to 1.5 million which was the original target set in Jan 2023. Sri Lanka’s tourism sector has been on […]
- Sri Lanka records 624,874 tourist arrivals by end of June (Category: Breaking News)
- UK relaxes travel advise on Sri Lanka (Category: Breaking News)
- Sri Lanka records over 630,000 tourist arrivals in 2024 (Category: Breaking News)
- Over USD 1 million earned from tourist arrivals in Sri Lanka this year (Category: Breaking News)
Sri Lanka’s Central Bank Governor Dr. Nandala Weerasinghe has emphasized the importance of the continuity of the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF).The post Sri Lanka’s Central Bank Governor says IMF agreement must be continued under any Government appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s Central Bank lays out policies to restore price stability, macroeconomic strength (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
‘Ministry cooperating with CID on Immunoglobulin probe’ By Shamindra Ferdinando Health Minister Dr. Ramesh Pathirana yesterday (26) said that in case the government had to make emergency purchases, his Ministry would adhere to procedures laid down by the World Health Organization (WHO). Dr. Pathirana said so when The Island asked him whether he intended to […]
- Sri Lanka s Health Ministry closely monitoring COVID sub-variant JN.1 (Category: Breaking News)
- Step in right direction (Category: Breaking News)
- Health sector corruption makes securing free medicines difficult (Category: Breaking News)
- Bloodsuckers! (Category: Breaking News)
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people. This […]
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- GMOA warns of impending crisis in health sector due to exodus of professionals (Category: Breaking News)
- More than 1000 docs migrated in 2022 (Category: Breaking News)
- CBSL Governor upbeat about being on right track, but urges govt. to do more to protect low-incom... (Category: Breaking News)
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
- NPP Deserves Fairness From Critics (Category: Breaking News)
- NPP & Bird Cage Economy (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
The Minister of Labour and Foreign Employment Manusha Nanayakkara, highlighted the significant improvement in the country’s foreign reserves under the leadership of President Ranil Wickremesinghe.The post Government abled to increase foreign reserves to USD 3.6 Billion – Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Minister Manusha Nanayakkara Announces Remarkable Recovery: Government Replenishes Foreign Reser... (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
- Current govt. increased foreign reserves to USD 3.6bn  Minister (Category: Breaking News)
- Remittances from expat workers improving, says Manusha (Category: Breaking News)
Sri Lanka thanked India for the assistance given to overcome the challenges the country faced during the economic crisis. At the invitation of the Speaker of the Lok Sabha of the Indian Parliament Om Birla, a 16-member multiparty delegation led by the Speaker of the Sri Lanka Parliament
- India stands with the people of Sri Lanka (Category: Breaking News)
- Twenty-two Indian fishermen detained in Sri Lankan waters (Category: Breaking News)
- Chinese Vice Minister of Foreign Affairs to visit Sri Lanka for talks (Category: Breaking News)
- Role played by overseas Sri Lankan community appreciated (Category: Breaking News)
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
Indian VP calls for lenient policy towards poaching Speaker Mahinda Yapa Abeywardena has thanked Indian Minister of Foreign Affairs Dr. S. Jaishankar for giving Sri Lanka two more years to pay back INR 550 mn loan given at the onset of the economic crisis that was to be paid
- Jaishankar meets GL Peiris in Rwanda; discusses India s support for economic recovery (Category: Breaking News)
- India foreign minister to brief parliamentary panel on Sri Lanka crisis (Category: Breaking News)
- Indian Foreign Secretary calls on Sri Lankan President PM (Category: Breaking News)
- India-Sri Lanka relations expected to be further enhanced in four main areas – Baglay (Category: Breaking News)
Former President and Sri Lanka Podujana Peramuna (SLPP) leader Mahinda Rajapaksa has slammed the tax policies of President and United National Party (UNP) leader Ranil Wickremesinghe. The SLPP is part of Ranil Wickremesinghe’s Government but is expected to contest separately at the next elections. Issuing a statement, Rajapaksa said that around 40 professional associations and […]
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- President orders Police protection for Israelis in Sri Lanka (Category: Breaking News)
- Ranil leading talks to form all-party Government (Category: Breaking News)
- President seeks Sajith’s support to address key issues (Category: Breaking News)
Former President of Sri Lanka, Mahinda Rajapaksa stated that tax policy will become a major political issue in 2024 after the VAT increase in the 2024 budget.The post Sri Lanka’s former President says Tax policy will become a major political issue in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
[…]The post Reducing The Tax Burden appeared first on Colombo Telegraph.
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
In actual fact the foundation for the current economic chaos was laid under the Yahapalana rule when they borrowed as much as USD 12 billion from the international bond market, at high interest rates, with them not even undertaking any developmental works, like the Rajapaksas, or, for that matter, any worthwhile economic activity. We certainly […]
- Readying for the big fight (Category: Breaking News)
- Talks underway with dissident SLPPers: Chief Opp. Whip (Category: Breaking News)
- Justice Minister goes ahead with SLFP election campaign (Category: Breaking News)
- Ranil – A Man With A Soul So Dead (Category: Breaking News)
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