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The International Monetary Fund (IMF) has noted progress in Sri Lanka’s economic reforms program. An IMF mission team led by Messrs. Peter Breuer and Masahiro Nozaki visited Colombo from June 20 to 30, 2022 to discuss IMF support for Sri Lanka and the authorities’ comprehensive economic reform program. Ms. Anne-Marie Gulde-Wolf, Deputy Director of the […]
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
- IMF team arrives in Sri Lanka to evaluate economic reforms (Category: Breaking News)
- IMF decides to support Sri Lanka overcome economic crisis (Category: Breaking News)
The U.S. Ambassador to Sri Lanka Julie Chung has assured President Gotabaya Rajapaksa that the United States will assist Sri Lanka in finding a solution to the economic crisis.
Sri Lanka has yet to solve its dollar shortage crisis.
IMF has estimated a sharp contraction in the economic growth this year.
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka stocks down as economy comes to still amid fuel crisis (Category: Breaking News)
- Tablet Rise (Category: Business)
- Sri Lanka shares up amid renewed interest on LIOC shares; concerns remain (Category: Breaking News)
President Rajapaksa government has accused Qatar Charity of funding terrorism activities and frozen its accounts.
- Qatar Charity reopens Sri Lanka office (Category: Breaking News)
- Qatar ready to assist Sri Lankan development - Emir assures President (Category: Breaking News)
- Qatar Emir to visit Sri Lanka (Category: Breaking News)
- Chemical Move (Category: Business)
"The present gazetted Bill represents a significant weakening of the previous limited proposals by the Minister."
- Ensure integrity of nominations to Constitutional Council: Sri Lanka Bar Association (Category: Breaking News)
- Sri Lanka’s 22nd constitutional amendment bill is not a restoration of 19A’s essence: experts (Category: Breaking News)
- Sri Lanka cabinet approves proposed 22nd amendment to constitution (Category: Breaking News)
- Sri Lanka cabinet approves proposed 21st amendment to constitution (Category: Breaking News)
"The same working arrangements will also apply to the Regional Consular offices."
- Sri Lanka parliament nominates COPE, COPA members; ex-COPE chair unhappy (Category: Breaking News)
- Sri Lanka Test squad for New Zealand tour 2023 (Category: Sports)
- Sri Lanka squads to take part in T20I and ODI series against New Zealand (Category: Sports)
- Sri Lanka prime minister tables parliamentary framework for bipartisan governance (Category: Breaking News)
The prime minister’s office said Thursday June 30 afternoon that the remaining 20 million dollars was from Litro.
- State seeks $11 million in unpaid gas taxes from Yakama Tribe (Category: USA, Washington)
- 2020 highlights: $143M gas disaster settlement approved (Category: USA, Massachusetts)
- 17 baby boomer phrases that kids these days just don't understand (Category: USA, South Dakota)
- 17 baby boomer phrases that kids these days just don't understand (Category: USA, South Dakota)
No staff level agreement yet, creditor assurances needed
- IMF notes progress in Sri Lanka’s economic reforms program (Category: Breaking News)
- IMF staff plans to visit Sri Lanka August 24-31 (Category: Breaking News)
- IMF agreement with Sri Lanka must depend on key conditions: US senate committee (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
Sri Lanka’s ongoing economic crisis is “utterly complicated. Coming months will be very tough,” he said.
- Sri Lanka opposition move to express parliament’s dissatisfaction with president defeated (Category: Breaking News)
- Sri Lanka cabinet approves proposed 21st amendment to constitution (Category: Breaking News)
- Sri Lanka constitutional reforms won’t be in effect till next parliament: opposition leader (Category: Breaking News)
- Sri Lanka ruling party MP Ranjith Bandara appointed COPE chair (Category: Breaking News)
Worst crisis in modern times
- Sri Lanka dreams of dollarized tourism Macau in Mannar (Category: Breaking News)
- Sri Lanka railways seek forex from scrap metal amid currency crisis (Category: Breaking News)
- Sri Lanka inflation tops 60-pct in July 2022 after money printing (Category: Breaking News)
- Sri Lanka seeks loan from Qatar to import oil amid soft-peg instability (Category: Breaking News)
[…]The post Mission Impossible appeared first on Colombo Telegraph.
- Need For An Agreement With The Citizens For A Stable Political Future (Category: Breaking News)
- The Galle Face Struggle & Its Importance (Category: Breaking News)
- It’s Time To Untether The Kite! (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
IMF is expected to issue a statement on its discussions with Sri Lankan officials on Thursday.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
Sri Lankans are frustrated of waiting in queues for days to buy fuel, cooking gas, kerosene
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Oil Pipeline Places Over 400 Families Under Threat (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Over 400 respond (Category: Breaking News)
By Anjana Pasricha NEW DELHI — In Colombo, Sri Lanka’s capital, a sprawling port city showcased as a financial hub to rival Dubai is being set up on 269 hectares of land dredged from the sea. It is the latest of the huge Chinese-funded infrastructure projects in the island country that include a port and […]
- Perils of Chinese Investment in Sri Lanka (Category: Breaking News)
- Chinese state-owned firm to build major Sri Lanka port complex (Category: Breaking News)
- Sri Lana PM laments unilateral termination of Japan, India-funded projects (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
Dhammika Perera has been backing successive government and held posts in some while running his businesses
- Cooperative sector contributes immensely to Sri Lanka per capita income - President (Category: Breaking News)
- Sri Lanka s dollar crisis reason behind tax increases  Dhammika Perera (Category: Breaking News)
- Former Sri Lanka BOI chairman appointed as Transport Secretary (Category: Breaking News)
- Sri Lanka shares fall for 2nd week; political, economic woes dent sentiment despite Perera’s boost (Category: Breaking News)
Sri Lanka's past diplomatic misconducts under Rajapaksa have made it difficult for Sri Lanka - official
- Fuel at affordable rates (Category: Breaking News)
- Sri Lankan President Gotabaya Rajapaksa calls Russian President Vladimir Putin seeking fuel (Category: Breaking News)
- Fuel, Health and Electricity supply declared essential service (Category: Breaking News)
- President instructs officials to use available funds to import fuel (Category: Breaking News)
"China will try all-out efforts to sustain the Sri Lanka's School Meal Programme for at least six months."
- Indian shipment of rice, milk powder, medicines worth Rs 2bn en route to Sri Lanka (Category: Breaking News)
- After rejecting for decades, Sri Lanka politicians now want SOE restructuring amid IMF deal talks (Category: Breaking News)
- World Bank reiterates no new financing to Sri Lanka, denies reports of 700mn USD in aid (Category: Breaking News)
- Sri Lanka President reiterates sovereignty with Chinese envoy amid fresh Indian concerns (Category: Breaking News)
The United Kingdom (UK) says it recognises the economic challenges that Sri Lanka is facing. UK Foreign Office Minister Vicky Ford said the UK is closely monitoring the economic situation in Sri Lanka, including foreign exchange data reported by Central Bank of Sri Lanka and Sri Lankan authorities. In a written response to the UK […]
- UK in talks with Paris Club on Sri Lanka issue (Category: Breaking News)
- UK calls for inclusive approach to resolve crisis in Sri Lanka (Category: Breaking News)
- Maldives Speaker to coordinate relief assistance for Sri Lanka (Category: Breaking News)
- Boris Johnson speaks to Ranil about Putin’s barbaric invasion (Category: Breaking News)
Money for medicines allocated
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka has been trying to improve its diplomatic relations with the US after rejecting MCC.
- Military probing UN experts claim (Category: Breaking News)
- Former Indian president to visit Sri Lanka (Category: Breaking News)
- Indian all party delegation due on April 17 (Category: Breaking News)
- Journalism diplomas awarded (Category: Breaking News)
The main stock index has fallen 4.4$% in the last two sessions.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
Sri Lanka has sought a credit line from Qatar for fuel and gas. Energy Minister Kanchana Wijesekera met with the Deputy Director General of the Qatar Fund for Development today. He said he discussed a possible credit line facility for petroleum and gas. “Was informed that funds has been allocated for medical supplies and will […]
- Power crisis looms as Cabinet cancels coal tender (Category: Breaking News)
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- Sri Lanka seeks fuel from India on an urgent basis (Category: Breaking News)
- Fuel pass introduced to ensure weekly quota (Category: Breaking News)
most in need during the current economic crisis. The funding aims to […]
- US approves $120 million in new loans to support Sri Lankan economy (Category: Breaking News)
- US donates 3,000 metric tons of food to feed Sri Lankan school children (Category: Breaking News)
- Food insecurity in Sri Lanka likely to worsen (Category: Breaking News)
- India and Sri Lanka sign LOC deal for urea fertiliser (Category: Breaking News)
[…]The post Schizophrenia In The Political Mind Of Sri Lanka appeared first on Colombo Telegraph.
- Two Big Lies Told About The 1978 Constitution (Category: Breaking News)
- A Simple Way Out Of The Constitutional Trap (Category: Breaking News)
- The Proposed Anti-Terrorism Bill Amounts To A Parallel Constitution & A Criminal Procedure Code (Category: Breaking News)
- The Republic That Fears The Independence Of The Judiciary Even More Than Terrorism (Category: Breaking News)
The cabinet has given the approval to re-initiate the operation effecting from July 01,2022
- Chennai-Jaffna flights to commence on Monday (Category: Breaking News)
- Chennai-Jaffna flights resume after nearly three years (Category: Breaking News)
- Passengers Stranded At Hartsfield Jackson Int'l Airport (Category: USA, Georgia)
- India, Maldives accused of reneging on commitments to Palaly, Ratmalana (Category: Breaking News)
Agriculture contracted 6.8 percent, industry shrank 4.7 percent but service grew 0.7 percent
- 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)
After June 28, 2022, aircraft will have to carry their return fuel according to the CA notice to airmen (NOTAM)
- Sri Lanka jet fuel shortages costing SriLankan Airlines US$7mmn a month (Category: Breaking News)
- Sri Lanka invites capable companies to supply aviation fuel (Category: Breaking News)
- Sri Lanka relaxing CPC monopoly to end aviation fuel crunch: Minister (Category: Breaking News)
- Flight Capital (Category: Business)
Cabinet of ministers had given the approval to hike railway fares to meet the rising costs
- Sri Lanka revises fuel prices again; Petrol 92 down by 40 rupees (Category: Breaking News)
- Schedule announced for Lanka Premier League 2023 (Category: Sports)
- Sri Lanka shares edge down on banks; policy rates awaited (Category: Breaking News)
- Sri Lanka stocks post best gain in two months on bargain hunting (Category: Breaking News)
The Government has decided to open the fuel import and retail sales market to companies from oil producing nations. Cabinet approval has been granted for the move, Energy Minister Kanchana Wijesekera said today. He said the companies will be selected on the ability to import fuel and operate without Forex requirements from the Central Bank […]
- Foreign companies make offers to import and sell fuel in Sri Lanka (Category: Breaking News)
- CPC to assure fuel to companies that pay in USD (Category: Breaking News)
- Fuel pass introduced to ensure weekly quota (Category: Breaking News)
- No disruption to fuel distribution (Category: Breaking News)
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