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By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch ‘Business Against Corruption’ Initiative” issued to the media after the two organisations […]
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Treasury bond scams: SJB drags Lotus Tower into ‘conflict’ as SLPP attacks ‘footnote’ gang (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]
- Dullas: Ranil making same mistakes as Gotabaya (Category: Breaking News)
- Gota to return on Saturday? (Category: Breaking News)
- President at beck and call of Rajapaksas – Sajith (Category: Breaking News)
- Kiriella alleges tax concessions granted to GR’s election funders (Category: Breaking News)
[…]The post Purchasing Power Parity appeared first on Colombo Telegraph.
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Russian Presidential Election Results (Category: Breaking News)
- Next Round: Ranil Versus The JVP (Category: Breaking News)
- National Council’s Economic Stabilisation Report Is A Welcome Sign (Category: Breaking News)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Destabilisation project: ACBC inquiry underway (Category: Breaking News)
- Ranil reveals bid to get rid of him while GR was fleeing to Trinco on board SLNS Gajabahu (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
The World Food Programme (WFP) is seeking donor support to reach 3.4 million people in Sri Lanka with food and nutrition assistance as nearly a quarter of Sri Lanka is facing food shortages for millions.Sri Lanka’s worst economic crisis since independence is spinning off a “serious food crisis,” says the World Food Programme Representative and […]
- Rice paid for by Australia delivered here (Category: Breaking News)
- US funded fortified rice shipments begin arriving at Colombo Port (Category: Breaking News)
- UN warns situation here likely to worsen (Category: Breaking News)
- UN issues dire warning of food insecurity in SL (Category: Breaking News)
After the collapse of the Sri Lankan economy, attention has turned to the state of affairs in other South Asian countries such as Pakistan, Bhutan and Bangladesh. All three countries have either curtailed imports or are planning to do so, to salvage their fast-depleting foreign exchange reserves
- Bangladesh secures loans of $4.7 billion from IMF (Category: Breaking News)
- Bangladesh seeks $4.5 billion IMF loan as deficit widens (Category: Breaking News)
- IMF agrees $4.5 billion Bangladesh support programme (Category: Breaking News)
- Emerging Donor (Category: Business)
[…]The post Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean appeared first on Colombo Telegraph.
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- Pelosi’s visit to Taiwan completely justified: CTA’s Penpa Tsering (Category: Breaking News)
- China to skip meeting with US Secretary in Cambodia amid tensions over Pelosi’s visit (Category: Breaking News)
- Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? (Category: Breaking News)
by Chandre Dharmawardana, [email protected]. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
- IMF chief pleased SL reached staff-level deal for $2.9 billion (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
Calls for unity in a country torn apart by nationalism and monetary instability
- Selected imports to be restricted to balance payments for fuel (Category: Breaking News)
- Sri Lanka president, PM, opposition leader support proposed UN-monitored reforms: Victor Ivan (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
Selected imports will be restricted to balance payments for fuel, President Ranil Wickremesinghe said today. The President told Parliament that the immediate requirement before the country is fuel. “While appreciating the international assistance in addressing the fuel shortage, it in timely that we now initiate a system for such importation from our own export income […]
- Sri Lanka President Wickremesinghe parliament address – full text (Category: Breaking News)
- NMSJ concerned about arrests (Category: Breaking News)
- Is Sri Lanka Becoming A Police State? Government Efforts To Delegitimise Aragalaya (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
By Kalinga Tudor Silva One of the important ways, the current economic crisis in Sri Lanka has directly impacted our lives is having to go through long and seeming unending queues, to access petrol, diesel, kerosene and even our dear passports. Queues have multiplied, sprung up on either side of the road and across the […]
- Fuel rationing suspended from Sept. 1 says Kanchana (Category: Breaking News)
- Exclusive fuel arrangements for healthcare workers to be deferred (Category: Breaking News)
- Sri Lanka to fully implement QR code system in fuel rationing from Aug. 1 (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
[…]The post Presidential Dilemma: Find Fuel Or Face Protests appeared first on Colombo Telegraph.
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Good Bye Ranil; “Welcome” President Dulles Alahapperuma (Category: Breaking News)
- Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? (Category: Breaking News)
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
Global un-employment set to rise
- Sri Lanka inflation hits 54.6-pct in June 2022 after money printing (Category: Breaking News)
- Sri Lanka, world suffers terribly from Fed’s accidental discovery: Bellwether (Category: Breaking News)
- Fed hikes rates 75bp as Powell Bubble pushes up food prices hurting the poor (Category: Breaking News)
- Hong Kong, GCC pegs, Vietnam hike rates after Fed as Sri Lanka eyes flexible policy (Category: Breaking News)
[…]The post 39 Years After Black July, It Is Time For Tamil Eelam: Preparing For A Unilateral Declaration Of Independence appeared first on Colombo Telegraph.
- Genocide Of Tamils In Sri Lanka – Time For UN, UNHRC & Security Council To Take Action (Category: Breaking News)
- Eelam Tamils Struggle For Self-Determination (Category: Breaking News)
- The TGTE; Past, Present & Future (Category: Breaking News)
- Kuveni’s Curse, Black July & Ethno-Districts (Category: Breaking News)
The Asian Development Bank (ADB) says Sri Lanka’s growth is forecast to contract by 7.6% in 2022 and economic activity will remain subdued in 2023.In its latest Asian Development Outlook Supplement, the ADB said the island nation is beset with multifaceted and deepening challenges emanating from long-standing fiscal and current account deficits that have led to […]
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
- ADB approves $350 mn for Sri Lanka Economic Stabilization Programme (Category: Breaking News)
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- ADB approves $200mn to sustain economic stabilization efforts in Sri Lanka (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president. Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was “very deeply concerned about the well-being of the people in […]
- IMF Chief says Sri Lanka a warning sign to world (Category: Breaking News)
- IMF remains very hopeful on Sri Lanka (Category: Breaking News)
- IMF seeks to expand donor coordination to countries like Sri Lanka (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.The post IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ appeared first on ONLANKA News - Sri Lanka News - Latest News in Sri Lanka - Br...
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks as quickly as possible (Category: Breaking News)
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
- Ranil Wickremesinghe sworn in as Acting President of Sri Lanka (Category: Breaking News)
- Special statement by Sri Lanka’s Acting President Ranil Wickremesinghe (Category: Breaking News)
- Nominations presented to elect Sri Lanka’s new President – Ranil, Anura, Dullas to contest for p... (Category: Breaking News)
- Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday ... (Category: Breaking News)
In the midst of the unfolding crisis in Sri Lanka and its economic and political collapse, it has been forgotten that China is complicit in creating the present unrest. This fact needs to be recognized within Sri Lanka, where the people have taken it upon themselves to ‘reform’ the political system. While their mission is […]
- China a mute spectator as Sri Lanka’s political upheaval poses long-term implications for Beijing (Category: Breaking News)
- Sri Lanka turmoil highlights risk for Chinese firms investing overseas (Category: Breaking News)
- US urges Sri Lanka leaders to work “quickly” to achieve economic stability (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
[…]The post War On China? – V: A “Carnival” Of Quads appeared first on Colombo Telegraph.
- War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project (Category: Breaking News)
- War On China? – II: US Military-Industrial Complex & The War Without End (Category: Breaking News)
- War On China? – III: Pivot To East (Category: Breaking News)
- War On China? – IV: Rules-Based International Order: Normalising Global State Terrorism (Category: Breaking News)
Countries already under pressure from the economic fall-out of the COVID-19 pandemic, risk seeing the same economic turmoil and human misery as Sri Lanka, the UN said. “We’re witnessing a tragic series of events that are unfolding in Sri Lanka right now that should be a warning to anyone who thinks that, you know, it […]
- UN calls for debt relief to prevent poverty crisis (Category: Breaking News)
- UNDP appeals for assistance to help rebuild Sri Lanka (Category: Breaking News)
- UN Secretary-General appoints new Resident Coordinator in Sri Lanka (Category: Breaking News)
- AP PHOTOS: NYC parks have become 'people's everything' (Category: USA, South Dakota)
Says economy could contract 7-pct in 2022
- Sri Lanka’s total debt burden Rs 21.6 trillion by March 2022 (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
- Sri Lanka Prime Minister’s full statement on IMF negotiations (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
[…]The post Is Catastrophic Collapse Imminent? appeared first on Colombo Telegraph.
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Looking At The Problem Of The Point Of View Of The State (Category: Breaking News)
- We Are On Course To A Dual Currency Regimen (Category: Breaking News)
- Who Cares About The People? (Category: Breaking News)
[…]The post Bailing Out The ‘Gota’ Led Regime; A Wasted Exercise! appeared first on Colombo Telegraph.
- Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! (Category: Breaking News)
- People’s Power Under Siege Within Sri Lanka’s ‘Demo-Crazy’! (Category: Breaking News)
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali the Enigma (Category: Breaking News)
- Murali to retire (Category: Sports)
- Murali – Symbol Of A Resurgent Sri Lanka (Category: Breaking News)
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
- The Aragalaya & Morality (Category: Breaking News)
- Whither Lanka? (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Unarmed but not peaceful (Category: Breaking News)
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