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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)
[…]The post Celebrating Independence Or Inaugurating Dependence? appeared first on Colombo Telegraph.
- Warning Signal To RW’s Transformation Agenda (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- Economy, 13th Amendment & System Change (Category: Breaking News)
[…]The post Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? appeared first on Colombo Telegraph.
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Where Are We Heading In 2023? (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
- Oman-Sri Lanka Relations As Seen By Diplomat O.L. Ameer Ajwad (Category: Breaking News)
- Iran, Sri Lanka stress enhancing banking, trade ties (Category: Breaking News)
[…]The post If No Elections, There Can Be A Democratic Uprising! appeared first on Colombo Telegraph.
- President Should Be Responsible! (Category: Breaking News)
- Challenges In The Forthcoming Presidential Elections (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
[…]The post A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt appeared first on Colombo Telegraph.
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
[…]The post 182 Experts Call For Debt Cancellation But Private Investors Play Hardball appeared first on Colombo Telegraph.
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
The Government is to announce a new reformist program for the next 25 years, during the 75th National Independence Day on 4th February. During this celebrations to be held under the theme “Namo Namo Matha – A Step towards a Century”, the Government will announce its new reformist course for the next 25 years for […]
- Sri Lanka President gives instruction to celebrate 75th Independence day with pride, at minimal ... (Category: Breaking News)
- Pakistan and Sri Lanka discuss Buddhist ties (Category: Breaking News)
- Massive development project begin in Sri Lanka's Eastern Province (Category: Breaking News)
- Nepal’s FM to attend Sri Lanka’s Independence Day celebrations (Category: Breaking News)
[…]The post Sirimavo B’s Statesmanship Through Eric J. De Silva’s Eyes appeared first on Colombo Telegraph.
- Stories & True Buddha Dhamma: What Do Scholars Advise? (Category: Breaking News)
- Story Of A Social Outcast: Is Salvation Only Through Education? (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Bastiat Reborn In Sri Lanka: Will His Philosophy Be Accepted By Sri Lankans? (Category: Breaking News)
[…]The post Economics Of Poverty & Poverty Of Politics appeared first on Colombo Telegraph.
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca The terrorism of the LTTE ended in May 2009, and most Sri Lankans looked forward to a dawn of peace, reconciliation and progress. Even Poongkothai Chandrahasan, the granddaughter of SJV Chelvanayagam could state that ‘what touched me the most that day was that these were poor people with no agenda ~ wearing their feelings on […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- CMLS calls for talks with trade unions (Category: Breaking News)
- AKD urges northerners to help relegate political dregs into dustbin of history (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
[…]The post The Retold South Korea Success Story: How Should Sri Lanka Emulate It? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- A Child’s Guide To Prema-Chandra Athukorala Chinthana On Import Substitution (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
BY DR. Asoka Bandarage On September 1, 2022, debt-trapped Sri Lanka reached a preliminary agreement with the International Monetary Fund (IMF) for a 48-month Extended Fund Facility of $2.9 billion, which hardly covers the country’s outstanding debt, nor its immediate survival needs. Nevertheless, IMF structural adjustment requires the country to meet its familiar debt restructuring […]
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- Surpassing neoliberal fictions towards mission-oriented state (Category: Breaking News)
- Godahewa sounds alarm over attempts to privatise profitable Insurance Corporation (Category: Breaking News)
- Govt to conclude most SOE sales by August; Srilankan by Sept (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
I am pleasantly surprised and marvel too most times I read the editorial in The Island. Why? Because they are so very apt on the most current issue in the land. The editor has the clever knack of hitting the nail right on the head and is fearless even when the nail represents a VVIP. […]
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
[…]The post Mahindāgamanaya 3 appeared first on Colombo Telegraph.
- Economic Gloom, LG Polls & Coalitions Of Clowns (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Prelude To Elections (Category: Breaking News)
- A Year In Cloud Cuckoo Land (Category: Breaking News)
“Templeton Freedom Award has been won by Advocata Institute Sri Lanka. The CEO is our Dhana. It is with great pride I send this message to you to celebrate our dear friend Dhananath’s leadership victory of Advocata. Horekale and St Sebastian’s College man has really shown class.” That was Elmo Jayawardena’s email to me since […]
- Dhananath Fernando – determined to do much for Sri Lanka (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
by Rajan Philips Ranil Wickremesinghe is the third President to sequester the finance portfolio instead of assigning it as an exclusive portfolio to a cabinet minister, but he is the first, perhaps after Ronnie de Mel, to prepare and author most or the entirety of the budget speech. He is also the first leader of […]
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- SJB will support NCM against Ranil (Category: Breaking News)
- PTA unconstitutional, says TNA (Category: Breaking News)
Although the prevailing high interest rate regime may discourage investments, Central Bank (CB) Governor Dr. Nandalal Weerasinghe asserted that curtailing inflation is more critical for the survival of businesses over low interest rates and to avert a Zimbabwe-like scenario.The post Curtailing inflation critical to avert Zimbabwe-like scenario – CBSL Governor appeared first on Sri Lanka News...
- Sri Lanka needs to boost entrepreneurship to overcome ongoing crisis – Central Bank Governor (Category: Breaking News)
- CB Governor says biggest bugbear for businesses is high inflation (Category: Breaking News)
- CBSL governor says 2023 Budget focuses on economic recovery and stability (Category: Breaking News)
- Businesses with dollar income sources will only survive this crisis – Central Bank Governor (Category: Breaking News)
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.
- Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
Sri Lanka's central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.The post Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA Ne...
- Sri Lanka Central Bank to hold rates as inflation worries persist (Category: Breaking News)
- Sri Lanka’s Central Bank to hold rates as inflation stays high (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change.The post World population projected to hit 8 billion today appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- 2 films offer 2 tales ahead of Wuhan lockdown anniversary (Category: USA, South Dakota)
- 2 films offer 2 tales ahead of Wuhan lockdown anniversary (Category: USA, South Dakota)
- 2 films offer 2 tales ahead of Wuhan lockdown anniversary (Category: USA, South Dakota)
- 2 films offer 2 tales ahead of Wuhan lockdown anniversary (Category: USA, South Dakota)
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
- End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Debterioration Of Nations Social Security & Protection (Category: Breaking News)
From the time we heard that Rishi Sunak was to be the next Prime Minister of Britain and read all the wondrous things about him, I wanted to know what Sashi Tharoor would have to say about this momentous-for-Indians turn of events in the biggest colonial country the world had seen. I had two friends […]
- Rishi Sunak favourite to be UK PM after Boris Johnson pulls out of race (Category: Breaking News)
- Rishi Sunak to become Britain s next prime minister (Category: Breaking News)
- Britain to stop those arriving illegally from staying (Category: Breaking News)
- UK PM Sunak reportedly said just let people die , COVID inquiry hears (Category: Breaking News)
[…]The post RW’s Rocky Road To Export Driven Valhalla appeared first on Colombo Telegraph.
- Warning Signal To RW’s Transformation Agenda (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
- RW’s Budget Of Hopes & Politics (Category: Breaking News)
- RW’s Oracle For Peace, Stability & Growth (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
[…]The post Two Men, Two Cultures appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
- JVP’s Popularity & Ranil’s IMF Prop (Category: Breaking News)
- President Should Be Responsible! (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ (Category: Breaking News)
- Strategic Strides From A Strategy Guru: Prof Ajantha Dharmasiri (Category: Breaking News)
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