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Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted connectivity. In April 2022, the Government briefly […]
The 11-days that India’s External Affairs Minister (EAM) S. Jaishankar allocated for his recent visit to the United States (US) to attend the 77th session of the United Nations General Assembly (UNGA) and numerous other multilateral and bilateral events were a sign of the increasing confidence and assertiveness that India is now displaying on the […]
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Japan is working to organise a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, the Japan News (By Yomiuri Shimbun) has learned.The post Japan to organize Sri Lanka creditors’ meeting by year-end – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, The Yomiuri Shimbun has learned. The meeting, which will discuss such issues as finding ways to reduce debt payments, aims to curb China’s influence by helping Sri Lanka cope with […]
In the 2022 Global Hunger Index, Sri Lanka has been ranked the lowest among South Asian nations.Sri Lanka has been ranked at 64 out of the 121 countries that were considered. With a score of 13.6, Sri Lanka has a level of hunger that is moderate, according to the GHI report released recently. In South […]
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
Sri Lanka ranked 64 out of 121 countries in the Global Hunger Index 2022. With a score of 13.6, Sri Lanka has a level of hunger that is moderate.The post Sri Lanka ranks 64 on Global Hunger Index 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By D S KANG Liberals the world over have expressed serious concern about Giorgia Maloni’s seismic victory in the Italian elections, her expected elevation as the first far-right PM of the country since World War Two and its long-term implications for Italy as well as the rest of Europe. The far-right ideologies blended with neo-fascism […]
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
Sri Lanka abstained from voting on a resolution at the United Nations against Russia, which was passed with 143 votes. The UN General Assembly passed the resolution by a large majority, calling on countries not to recognise the four regions of Ukraine which Russia has claimed, following so-called
At a time when Russian President Vladimir Putin is making it all too obvious that he will be depending on Hard Power or armed might to forge ahead with his plans in Ukraine, the conferring of the 2022 Nobel Peace Prize on a human rights campaigner of Belarus and on two organizations engaged
World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva said there was a growing risk of global recession, with inflation remaining a continuing problem after Russia’s invasion of Ukraine.The post World Bank’s Malpass, IMF’s Georgieva see rising risks of Global Recession appeared first on Sri Lanka News - Latest Breaking News in Sri Lan...
A Colombo-based human rights groups has called on the Sri Lankan government to do more and take responsibility for seven of its citizens who said they were captured and tortured by Russians in eastern Ukraine.The post Sri Lanka urged to do more for citizens freed after Russian ‘torture’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Ranil’s Debt Driven Growth Strategy appeared first on Colombo Telegraph.
Sri Lankans have lost access to most medicine and medical supplies, setting them on course for a humanitarian disaster, Direct Relief reported. Unlike Russia’s invasion of Ukraine and the recent hurricane batterings of Puerto Rico and Florida, Sri Lanka’s crisis grew slowly and has garnered
By N Sathiya Moorthy Possibly there is no precedent of the kind elsewhere. By underlining the importance of addressing ‘underlying governance factors and root causes’ that have ‘contributed’ to Sri Lanka’s unprecedented economic crisis, the UNHRC resolution, as Foreign Minister Ali Sabry, said was all a product of ‘geo-politics’ that has ‘polarised’ the UNHRC Council […]
Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic and debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, underscoring the need for Sri Lanka to build resilience.The post Debt res...
The World Bank warned that Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic. Debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, […]
The priceless legacy that is Mahatma Gandhi and his thought continues to resonate in the hearts and minds of the righteous of the world. On the occasion of the 75th anniversary of India’s political independence which falls this year, it is obligatory on the part of women and men of goodwill to not only re-visit […]
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
[…]The post Global Recession & Its Impact On Sri Lanka appeared first on Colombo Telegraph.
;The Ukraine war on one side and the US-China rivalry, […]
[…]The post How We Came To This Pass – The Aragalaya Challenge appeared first on Colombo Telegraph.
Wickremesinghe says Sri Lanka is taking some painful reforms to come out of economic crisis
By Michael Kugelman, Pakistan’s Polarization Undermines Crisis Response As world leaders gathered at the United Nations General Assembly this week, the organization estimated that Pakistan’s catastrophic floods have now displaced nearly 8 million people. A health crisis looms: Floodwaters have triggered outbreaks of cholera, malaria, and dengue fever. Thousands of pregnant women and more than [...
Series of crises SL has faced have dealt a heavy blow Reviving presents SL with an opportunity to address its long-running challenges by Sanath Nanayakkare Young people are not only the present but also the future; developing plans and policies without them is a futile exercise, they need to be the front and centre of […]