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[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
…..Opposition trying to drag country back to crisis: Wajira UNP Chairman and MP Wajira Abeywardena says that members of the last government had violated the Articles 147, 148, 149, 150 and 151 of the Constitution by announcing this country bankrupt.Addressing the media at party headquarters Siri Kotha in Kotte on Thursday, Abeywardena said: “Only Ranil […]
Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president's office said on Tuesday, clarifying a cabinet spokesperson's earlier comments on the matter.The post Sri Lanka to keep ‘middle-income’ status but seek concessional loans appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
[…]The post Need To Address Root Causes To Get Out Of Geneva Spotlight appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe noted that the country needs a national policy that does not change with every government that comes to power and invited everyone to commit to building the country on one national policy without party differences.The post Sri Lanka needs a National Policy – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
Except 2 sessions, the market has witnessed foreign inflows in last 34 straight sessions.
Exporters' main challenge is meeting orders due to fuel and power shortages and policy uncertainties.
A meeting was held with the minister and other stakeholders on September 06
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand’s Krungsri Research said in a statement. “The […]
Consumer inflation in Sri Lanka accelerated to 70.2% in August,the statistics department said on Wednesday, as the island nation reels under its worst economic crisis in decades.The post Sri Lanka inflation rate surges to 70.2% in August appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post How We Came To This Pass – On The “Non-Rule Of Law System” appeared first on Colombo Telegraph.
Sri Lanka's economy shrank 8.4% in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages during the nation's most severe financial crisis in more than seven decades.The post Sri Lanka’s economy shrinks 8.4
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]
By N Sathiya Moorthy The nation needs to thank Education Minister Susil Premajayantha for his determination to keep all school-going children out of hunger’s grip. Twice in a few days, he has talked about providing free meals to school children. On the second occasion, he went as far as to declare that he was ready […]
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president Gotabaya Rajapaksa returns home after fleeing appeared first on ONLANKA News :. Sri Lanka Latest Breaking N...
Thursday 1st September, 2022 There is absolutely no need for aliens to take the trouble of undertaking intergalactic missions to destroy this planet. The so-called big powers vying for global dominance are already at it, and the signs are that they will succeed in their endeavour. The entire world is reeling from the war in […]
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Wickremesinghe is budgeting in a sea of monetary instability
"If there is no flour, we simply cannot produce,” said Jayawardena.
UNP Chairman Wajira Abeywardena has declared that political parties represented in parliament should agree on a set of polices that should remain unchanged for a period of 25 years.A statement issued by the UNP quoted UNP National List MP Abeywardena as having told the media that a system should be in place to prevent overnight […]
By Haroon Janjua Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. As Pakistan marks 75 years of independence this weekend, Islamabad has not planned any special events, aside from a flag-raising ceremony, a fireworks display in the capital and the introduction of a new 75 rupee […]
Apple supplier Foxconn Technology Group is suspending operations at its factory in Chengdu, capital of southwestern Sichuan province, for six days amid a regional electricity shortage that has put pressure on iPad supplies ahead of the US tech giant’s annual product launch. The Chengdu campus of Foxconn, formally known as Hon Hai Precision Industry, is shutting down all […]
[…]The post Reliance On Repression Will Worsen Current Crisis appeared first on Colombo Telegraph.
by Jehan Perera Early this year the government under President Gotabaya Rajapaksa amended the Prevention of Terrorism law. It accepted the position that the law was in violation of international standards and wanted to show it was committed to improving its human rights record. The ground was set to mitigate the pressures from the UN […]
Workers who appeared for the test will also be given the opportunity to appear in another field next year.