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[…]The post IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory appeared first on Colombo Telegraph.
[…]The post Still On The Rotten Bridge appeared first on Colombo Telegraph.
[…]The post IMF Deal Is Not A Solution – Restart Decisive Struggle Against Government Attacks! appeared first on Colombo Telegraph.
Sri Lanka’s Ambassador to Tokyo Rodney Perera met the Governor of the Bank of Japan (Japanese Central Bank) Haruhiko Kuroda, and exchanged thoughts and ideas on the world financial situation and the global economic outlook for 2023 as well as Sri Lanka’s debt restructuring process and the way forward for constructive support from Japan, sources […]
Hatch, Sri Lanka’s leading startup hub partnered with the US Department of State to implement AccelerateHer, a bespoke accelerator program for budding female entrepreneurs. Applications are now open for its second cycle. AccelerateHer is designed to help female founders grow their businesses, upskill, and gain access to funding and networks that will allow them to […]
Hope springs eternal in the human breast, it is said, but if the breast is of a national-minded Sri Lankan, hope cannot rise; it is stifled by fear, worry, frustration and stark disappointment. Government persons are flapping their upper limbs and crowing about improvement in the economy
[…]The post Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward appeared first on Colombo Telegraph.
[…]The post The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri Lanka appeared first on Colombo Telegraph.
Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil Wickremesinghe said on Wednesday, adding that the debt-stricken nation has started to receive funds from the International Monetary Fund.The post Sri Lanka to start next round of talks with creditors in April appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post NPP & Its Critics appeared first on Colombo Telegraph.
[…]The post Calibrating The Time & Mode Of Elections appeared first on Colombo Telegraph.
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
President Ranil Wickremesinghe urged the Opposition to unite and disregard political differences to assist in carrying out the agreement with the International Monetary Fund (IMF). The President emphasized that his duty is not to condemn previous administrations but to concentrate on the development of the country. He also declared his dedication to constructing a better […]
Sri Lanka’s bailout by the International Monetary Fund will help the bankrupt nation lower its borrowing costs, thanks in part to a change in how the cash can be used, central bank Governor Nandalal Weerasinghe said.The post IMF Deal will cut Sri Lanka borrowing costs, Central Bank Chief says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Shamindra Ferdinando The Japanese embassy and UNICEF (United Nations Children’s Fund, previously known as United Nations International Children’s Emergency Fund), on 16 March, 2023, issued a joint statement that dealt with the impact the developing political-economic-social crisis is having on the poor in Sri Lanka. The statement focused on the suffering of the children […]
• The IMF Board approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 2.286 billion (about US$3 billion) to support Sri Lanka’s economic policies and reforms. • The objectives of the EFF-supported program are to restore macroeconomic stability and debt sustainability, safeguarding financial stability, and stepping up structural reforms to unlock […]
By Hiran H.Senewiratne The CSE will be able to maintain its growth momentum with IMF bailout prospects brightening this week. Consequently, foreign inflows to the CSE will improve in the future, Head-Market Development, CSE, Niroshan Wijesundara said. “To date the CSE has been able to register a 14 per cent growth and with the IMF […]
by Jehan Perera The government’s plans for reviving the economy show signs of working out for the time being. The long-awaited IMF loan is about to be granted. This would enable the government to access other loans to tide over the current economic difficulties. The challenge will be to ensure
The International Monetary Fund (IMF) has announced that the IMF Executive Board approved Sri Lanka’s program under the Extended Fund Facility (EFF).The post Sri Lanka receives IMF approval for USD 2.9 Billion bailout package appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
President Ranil Wickremesinghe is to address the nation tomorrow (Tuesday), State Minister of Finance Shehan Semasinghe said. The State Minister said that that the background required to obtain the approval was prepared with the patience and trust of the people of the country, as well as the unpopular but necessary reforms in the country that […]
[…]The post ‘Contemporary Issues In Socio-Economic Development’: A Timely Publication By Kelaniya University appeared first on Colombo Telegraph.
[…]The post Failing Banks, French Turmoil & Sri Lanka’s Contraction & Confusion appeared first on Colombo Telegraph.
Reiterating its commitment to uplifting the well-being of local communities and honouring waste-collecting communities in Sri Lanka this World Recycling Day, The Coca-Cola Foundation (TCCF) has come together with the Sri Lanka Red Cross Society (SLRCS) to provide immediate assistance to address food insecurity among marginalized waste-collectors. Accordingly, TCCF and SLRCS is providing much-neede...
Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.The post Sri Lanka’s Economy suffers worst contraction in 2022 appeared first on Sri Lanka News
By Shamindra Ferdinando President Ranil Wickremesinghe, who is also the Finance Minister, recently named three persons – all women -whose intervention supposedly brought relief to bankrupt Sri Lanka. UNP leader Wickremesinghe paid glowing tributes to Indian Finance and Corporate Affairs Minister Nirmala Sitharaman, US Secretary of State Janet Yellen, and IMF Managing Director and Chairman [&...
By Rathindra Kuruwita Sri Lanka was now transitioning to a new economic model, breaking away from the previous unsustainable model, Governor of the Central Bank Dr. Nandalal Weerasinghe said Sunday. Addressing the National Law Conference 2023 under the theme ‘NAVIGATING THROUGH CRISIS –THE LAW’S ROLE’, Dr. Weerasinghe said that interest rates were coming down and […]
[…]The post Two Challenges: Economic Recovery, Political Devolution – II appeared first on Colombo Telegraph.
[…]The post Role Of Professionals In Achieving Our Economic Recovery appeared first on Colombo Telegraph.
[…]The post IMF Draws The Battle Line appeared first on Colombo Telegraph.
[…]The post IMF & LG Elections: Presidential Machinations & Opposition Myopia appeared first on Colombo Telegraph.