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said that the Government has taken a principled decision to expand the distribution of fuel which […]
- China’s Sinopec to enter Sri Lanka retail fuel market (Category: Breaking News)
- Sri Lanka Government decided to expand fuel distribution (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe said that the government has taken a principled decision to expand the distribution of fuel which is expected to commence shortly.The post Sri Lanka Government decided to expand fuel distribution appeared first on Sri Lanka News - Latest Breaking News
- Sri Lanka President issues gazette declaring several services as essential services (Category: Breaking News)
- Sri Lanka President declares power, fuel, & health essential services (Category: Breaking News)
- Meeting between SLFP and President Ranil Wickremesinghe on forming all-party Government (Category: Breaking News)
- Electricity and Fuel supply declared as essential services in Sri Lanka (Category: Breaking News)
[…]The post Role Of Professionals In Achieving Our Economic Recovery appeared first on Colombo Telegraph.
- Economic Realities & Political Promises (Category: Breaking News)
- Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To ... (Category: Breaking News)
- Middle class Sri Lankans forced to migrate due to proposed new income tax policy? (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets like Argentina and Montenegro.The post Sri Lanka needs institutional changes for long-term debt sustainability, expert says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka needs institutional changes for long-term debt sustainability, expert says (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
- Fitch Ratings calls for political stability in Sri Lanka (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri Lanka, the country’s foreign minister said in […]
- Minister Sabry praises India for being first country to support Lanka’s debt restructuring (Category: Breaking News)
- Sabry denies China caused SL debt crisis (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Sri Lanka hopeful China will provide debt restructuring assurances - Sabry (Category: Breaking News)
China's pledge to support Sri Lanka's debt reorganization, a major step for the island nation in securing an IMF lifeline, provides little clarity on how negotiations will unfold or whether this could herald progress for other heavily indebted nations.The post Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain appeared first on Sri Lanka News - Latest Breakin...
- Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka’s creditors hold 1st meeting, with China as observer (Category: Breaking News)
The International Monetary Fund (IMF) on Tuesday said Sri Lanka had secured financing assurances from all its major bilateral creditors, paving the way for the IMF board to consider approval of a long-awaited $2.9 billion four-year bailout.The post IMF board poised to approve $2.9 billion Sri Lanka bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
- IMF not expected to discuss Sri Lanka before year-end – sources (Category: Breaking News)
- IMF board poised to approve USD 2.9 Bn Sri Lanka bailout on March 20 (Category: Breaking News)
- IMF insists on creditor assurances to unlock $2.9 Billion Sri Lanka bailout (Category: Breaking News)
In a major breakthrough, Sri Lanka has received a financial assurance letter from the Exim Bank of China and the letter of agreement has been sent to the International Monetary Fund (IMF). President Ranil Wickremesinghe told Parliament that he received the financial assurance letter from the Exim Bank of China last night and he and […]
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Government’s Letter of Intent for fresh IMF support under SBA (Category: Business)
- An Open Letter To Mr. President Ranil Wickremesinghe (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Special Statement – Full Text appeared first on Colombo Telegraph.
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- India ready to restructure its Colombo debt: What about others? (Category: Breaking News)
The world’s largest passenger airline, an Airbus A-380, made a rare landing in Sri Lanka today. The Airbus A-380 Emirates flight, flying from Auckland, New Zealand to Dubai, landed at the Bandaranaike International Airport (BIA) this morning for refueling. Airport officials were at hand to greet the plane as it arrived at the BIA. Passengers […]
- First group of post-pandemic Chinese tourists arrive in Sri Lanka (Category: Breaking News)
- Russia’s largest charter airline arrives in Sri Lanka (Category: Breaking News)
- Flights between Jaffna and Chennai resume (Category: Breaking News)
- Cinnamon Lakeside Colombo’s ColomBar moves to newly refurbished location (Category: Breaking News)
Half of families in Sri Lanka are forced to reduce the amount they feed their children, according to a survey by Save the Children, as the country’s economic downturn spirals further into a full-blown hunger crisis nearly a year after the government defaulted on its debt.The government and international community must act now to prevent […]
- Sri Lanka: One in three families see changes in children’s mental health amid economic crisis (Category: Breaking News)
- Joint food security assessment by govt., FAO, WFP next month (Category: Breaking News)
- Half of families reducing children s food intake as Sri Lanka slips further into hunger crisis Â... (Category: Breaking News)
- Navigating challenges of escalating vegetable prices in Sri Lanka: (Category: Breaking News)
Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]
- Hatch Enters Partnership with Draper Startup House to Strengthen Sri Lanka’s Position as a Start... (Category: Breaking News)
- Hatch Opens Applications for AccelerateHer 2.0: An Accelerator Program for Budding Female Entrep... (Category: Breaking News)
- Hatch fund secures investment from Mountain Lion Ventures (Category: Breaking News)
- Hatch and Sarvodaya launch “GoviLab” AgriTech Accelerator as part of National Agriculture Transf... (Category: Breaking News)
[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution appeared first on Colombo Telegraph.
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – III (Category: Breaking News)
Samagi Jana Balawegaya (SJB) Patali Champika Ranawaka has written to the International Monetary Fund (IMF) office in Sri Lanka, questioning whether the recently introduced electricity tariffs and the fuel price hike is in accordance with the IMF criteria.
By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
- Pakistan: Imran Khan’s high-stakes election gamble (Category: Breaking News)
- Does The Proposed Contempt Of Court Bill Amount To 23rd Amendment To The Constitution? (Category: Breaking News)
- China’s space success linked with its larger political, diplomatic goals: Report (Category: Breaking News)
- Indian embassy in Kuwait organises beach cleaning drive, 500 volunteers take part (Category: Breaking News)
President Ranil Wickremesinghe today revealed China’s refusal to agree to the same conditions placed by India and the Paris Club when restructuring Sri Lanka’s debt. He said that the International Monetary Fund (INF) had proposed that all of Sri Lanka’s main creditors reach a consensus on restructuring Sri Lanka’s debt. Wickremesinghe said that while the […]
- Former UK PM David Cameron holds talks with RW (Category: Breaking News)
- President says money wasted on CEB, CPC, SriLankan (Category: Breaking News)
- Government will not remove anyone owing to protests (Category: Breaking News)
- China asked to share copies of letter on Sri Lanka debt restructuring (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe emphasised the importance of having a proper plan to strengthen the country’s economy, during a meeting with businessmen and lawyers in the Kandy district.The post Having Proper plan to strengthen Sri Lanka’s economy is important – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Initial steps taken through budget to strengthen economy under five-year plan – President (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- President calls Opposition Party Leaders for crucial meeting on IMF proposals (Category: Breaking News)
President Ranil Wickremesinghe says a loan under the International Monetary Fund (IMF) Extended Fund Facility (EFF) is expected to be received in March. He expressed these views during a meeting held with small and large-scale rice mill owners at the Presidential Secretariat, the President’s Media Division said today. The IMF had said last week that […]
- Sri Lanka President expects IMF Extended Fund Facility in March (Category: Breaking News)
- Government to provide 10 kg of rice to 2 million families (Category: Breaking News)
- IMF wants Sri Lanka to restore debt sustainability (Category: Breaking News)
- Northern Province to produce food to feed the country (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe said under the International Monetary Fund’s (IMF) extended fund facility (EFF) program, USD 2.9 billion is expected to be received by March.The post Sri Lanka President expects IMF Extended Fund Facility in March appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka can no longer be considered a bankrupt country – Presidentnullnullnullnullnull (Category: Breaking News)
- IMF bailout package has unlocked new path to create better future for youth and uplift the count... (Category: Breaking News)
- Sri Lanka President assures IMF’s second tranche will be approved today (Category: Breaking News)
- IMF begins second review of Sri Lanka’s bailout package today (Category: Breaking News)
Japan has agreed to grant 5 billion Japanese yen or approximately USD 38 million to ensure provisions to purchase fuel needed to maintain essential and emergency services in the health sector in Sri Lanka.The post Sri Lanka to receive $38 Million grant from Japan to purchase fuel to maintain
- Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals (Category: Breaking News)
- Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals (Category: Breaking News)
- Sri Lanka introduces Tourists Fuel Pass for foreign travelers (Category: Breaking News)
- Sri Lanka health sector to receive $38 Mn grant from Japan (Category: Breaking News)
The economic and financial condition of Sri Lanka is very precarious at the moment. It has been facing the worst economic crisis since its independence in 1948. The Sri Lankan economy is going through a high rate of inflation, a shortage of essential commodities including fuel and medicines
- China holds key to Sri Lanka’s debt restructuring to ease economic crisis (Category: Breaking News)
- Sri Lanka president wants China to dramatically change stance on debt relief (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
- US Treasury Secy assures support for Sri Lanka’s debt restructure: president’s office (Category: Breaking News)
[…]The post Tax! Tax!! Tax!!! appeared first on Colombo Telegraph.
- Journey Through The Rotten Bridge For The Reforms Of Government Expenditure (Category: Breaking News)
- Interim Budget 2022: Transformation Of The Economic Direction Of The Country (Category: Breaking News)
- Elections & Economic Recovery (Category: Breaking News)
- Why The Sri Lankan Rupee Is Appreciating (Category: Breaking News)
ECONOMYNEXT –Sri Lanka still needs adequate assurances from other bilateral creditors for its program to be approved, the International Monetary Fund said, after Paris Club lenders said they will re-structure debt. “We welcome the recent statement by the Paris Club to provide financing assurances to Sri Lanka following the assurances provided by India,” an IMF […]
- USD 2.9bn IMF loan facility: Govt. confident of completing process early next year (Category: Breaking News)
- Nuland accuses China of failing to help SL with ‘credible and specific assurances’ acceptable to... (Category: Breaking News)
- Minister Sabry praises India for being first country to support Lanka’s debt restructuring (Category: Breaking News)
- IMF says 2.9bn loan bailout for Sri Lanka tied to debt relief from bilateral creditors (Category: Breaking News)
[…]The post Did Faulty Constitution Bring Misery? – Undermining The State Is The Game appeared first on Colombo Telegraph.
- Fear Corrupts Politicians: Time To Repeal Custom-Made Laws (Category: Breaking News)
- Corruption & Psychopathic Tendencies: Pet Dogs, Incompetency & Beds To The Foray (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Final Attempt To Resuscitate Despotism (Category: Breaking News)
Sri Lanka has the potential to establish the green economy, specially by way of renewable energy, said President Ranil Wickremesinghe addressing a High-Level event on Strategies and Actions to Accelerate Sri Lanka’s Transition to a Green Growth Pathway.The post Sri Lanka has initiated an action plan to ensure a Green Economy by 2050 – President appeared first on Sri Lanka News - Latest Break...
- Opportune moment for investing in Sri Lanka’s renewable energy sector has arrived – President (Category: Breaking News)
- SL has initiated an action plan to ensure a Green Economy by 2050 - President (Category: Breaking News)
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and gl... (Category: Breaking News)
- GGGI and Sri Lanka sign host country agreement (Category: Breaking News)
[…]The post A Reflection: 75 Years Of Independence Lacked By The People Of Sri Lanka appeared first on Colombo Telegraph.
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- Unitary Constitution For Sri Lanka Would Be Purposeless (Category: Breaking News)
- From B-C Pact To Ranil’s New Somersault (Category: Breaking News)
UNICEF has said seven million people in Sri Lanka are in need of humanitarian assistance due to the economic crisis.In its Sri Lanka Humanitarian Situation Report, issued on 02 February, the UN agency said essential services for children such as health, nutrition, and education have been severely impacted by shortages of medicine, food insecurity, lack […]
- UNICEF says 7 million people in Sri Lanka require humanitarian aid (Category: Breaking News)
- UNICEF: Lanka has second-highest in child malnutrition in South Asia (Category: Breaking News)
- UNICEF condemns violence against children during protests (Category: Breaking News)
- Sri Lanka to get emergency assistance of USD 3 Mn from Japan (Category: Breaking News)
[…]The post Seventy Five Years Of Independence Or Curse appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
- Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil (Category: Breaking News)
- Overview Of Covid-19, Infodemics & Development Of Vaccine (Category: Breaking News)
[…]The post Do What You Like Vs Like What You (Have To) Do! appeared first on Colombo Telegraph.
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.The post ‘We’ll end up like Sri Lanka’: Pakistan stares at economic collapse as IMF visits appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka needs laser-like focus on IMF programme implementation: Dr. Indrajit Coomaraswamy (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
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