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The International Monetary Fund (IMF) on Thursday (06) asserted that Sri Lanka could soon reach agreements with external commercial creditors consistent with programme parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front,”
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
Transparency International Sri Lanka (TISL) filed legal action in the Supreme Court challenging the Public Financial Management Bill, highlighting concerns related to public procurement. The petition (SC SD 77/2024) points out that Clause 32 of the Bill seriously weakens the controls on public procurement, thereby enhancing the corruption risk and weakening the level playing field. […]
- Sri Lanka Electricity Bill passed with amendments (Category: Breaking News)
- Proposed Electricity sector reforms published Gazette (Category: Breaking News)
- TISL seeks cross-party support for Anti-Corruption law (Category: Breaking News)
- Public Finance Committee requested to probe coal procurement (Category: Breaking News)
The International Monetary Fund (IMF) says macroeconomic policy reforms are starting to bear fruit in Sri Lanka. Julie Kozack, Director of the IMF Communications Department said that commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth
- IMF says Sri Lanka yet to finalize deal with bondholders and creditors (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) believes Sri Lanka will soon finalize agreements with external commercial creditors that align with program goals.The post IMF expects Sri Lanka to finalize deals with creditors soon appeared first on Sri Lanka News | Breaking News & Top Stories in Sri
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) says there is a strong expectation that Sri Lanka will soon reach agreements with external commercial creditors consistent with program parameters.
Japan, Sri Lanka’s largest bilateral lender after China, emphasized yesterday (June 5) the need for Sri Lanka to expedite its debt restructuring efforts for its own benefit.The post Japan urges Sri Lanka to speed up debt restructuring ahead of IMF review appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Japan says no pact yet with Sri Lanka on debt restructure talks (Category: Breaking News)
- China assures commitment towards Sri Lanka’s debt restructuring process (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
The International Monetary Fund (IMF) Executive Board is set to review Sri Lanka’s progress under the Article IV consultation and the second review of the Extended Fund Facility (EFF) on June 12th. State Minister of Finance, Shehan Semasinghe said that the crucial session will assess
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka confident of reaching Staff Level deal with IMF (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The Article IV Consultation and the second review under the Extended Fund Facility (EFF) for Sri Lanka are scheduled for discussion at the International Monetary Fund’s (IMF) Executive Board meeting on June 12, 2024, according to Sri Lanka’s State Minister of Finance Shehan Semasinghe.The post IMF executive board meeting on June 12 for Sri Lanka’s second review appeared first on Sri Lanka Ne...
- IMF executive board to meet on June 12 for Sri Lanka s second review (Category: Breaking News)
- IMF Executive Board to take up Sri Lanka s first review on Dec.12 (Category: Breaking News)
- IMF approves another tranche of 426.8 million dollars to Sri Lanka (Category: Breaking News)
- IMF completes sixth review, Lanka gets more IMF cash (Category: Breaking News)
The Article IV Consultation and second review under the Extended Fund Facility (EFF) for Sri Lanka are on the International Monetary Fund s (IMF) Executive Board meeting agenda for June 12, says State Minister of Finance Shehan Semasinghe.
[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
- Postponing Elections: Are There Limits To Popular Sovereignty? (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
The Sri Lanka Podujana Peramuna (SLPP), which commands a majority in Parliament, has opposed a proposal to postpone the Presidential and Parliament elections. SLPP National Organiser and MP Namal Rajapaksa said that postponing elections is not healthy for any democracy. “Postponing elections is not healthy for any democracy. Extending the terms of the President and […]
- Rajapaksas out in force for Sri Lanka election (Category: Breaking News)
- Immediate solutions from Namal Rajapaksa (Category: Breaking News)
- MP NAMAL RAJAPAKSA TAKES OATHS AS LAWYER (Category: Breaking News)
- “Satakaya” for Namal Rajapaksa (Category: Breaking News)
The United National Party (UNP) has proposed postponing the Presidential and Parliament elections to keep President Ranil Wickremesinghe in power. UNP General Secretary Palitha Range Bandara said that the economy needs to be rebuilt and the agreement with the International Monetary Fund (IMF
- EC to consider request to allow Sri Lankans overseas to vote (Category: Breaking News)
- Ranil proposed winding up UNP (Category: Breaking News)
- UNP suspends 1,137 local council members (Category: Breaking News)
- LG polls postponed again (Category: Breaking News)
President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the country overcomes bankruptcy this year. The President also mentioned that next year will see the launch of a program aimed at introducing modern agriculture to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
- No candidate vying for the presidency has announced plans to abolish executive powers (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
with the International Monetary Fund (IMF) in respect of anti-corruption measures. The former Minister said [&...
- Visa muddle (Category: Breaking News)
- Visa controversy: SJB alleges Tiran Alles misled Parliament (Category: Breaking News)
- SLT Mobitel offered same service at USD 1 per person but VFS charges USD 25 plus – SJB (Category: Breaking News)
- Idiocy of new visa arrangements (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka consumer inflation dips to 49.2% year-on-year in March (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
The International Monetary Fund (IMF) this week praised Sri Lanka for the progress it has made in implementing economic reforms, despite the difficulties faced by the public.The post IMF praises Sri Lanka’s economic progress amid challenges appeared first on Sri Lanka News | Breaking News
- Monetary Reserves (Category: Business)
- Top Marks (Category: Business)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF mission concludes visit to Sri Lanka, expresses satisfaction on economic progress (Category: Breaking News)
[…]The post The Deciding Factor In Sri Lanka’s Election Debate: Policy Or Public Frustration? appeared first on Colombo Telegraph.
- Sri Lanka’s Political Landscape: Navigating A Tripartite Contest (Category: Breaking News)
- May Day Music Miscellany: Contest Between The SJB & The NPP & The UNP-SLPP Dilemma (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
- JVP: From Idealism Of Anti-Indianism To Pragmatic Realism(?) (Category: Breaking News)
The International Monetary Fund (IMF) says Sri Lanka is yet to finalize agreements with bondholders and creditors. Julie Kozack, Director of Communications at the IMF said that the initial debt restructuring negotiations with external bondholders ended in mid-April without an agreement
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF says macroeconomic policy reforms bearing fruit in Sri Lanka (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
The International Monetary Fund (IMF) has highlighted Sri Lanka s commendable macroeconomic policies, rapid inflation decline, and steady economic growth.
A discussion took place on Monday (May 13) at the Galle Face Hotel premises between the U.S. Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, who is currently in Sri Lanka, and representatives of the National People's Power (NPP).The post U.S. Officials discuss Sri Lanka’s economic and security issues with NPP appeared first on Sri Lanka News | Breaking News &...
- U.S. Assistant Secretary Donald Lu visits Sri Lanka (Category: Breaking News)
- U.S. Assistant Secretary Donald Lu meets with Sri Lankan President (Category: Breaking News)
- U.S. Assistant Secretary assures to assist Sri Lanka (Category: Breaking News)
- NPP to revise IMF agreement (Category: Breaking News)
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
On-arrival visa controversy: By Shamindra Ferdinando The SJB has called upon the government to explain why the Department of Immigration and Emigration had entered into an agreement with VFS Global-led grouping for the issuance of online visas against the backdrop of SLT Mobitel offering the same service at a much lower cost. Prof. G. L. […]
- Visa scandal exposed after airport chaos (Category: Breaking News)
- On-arrival visa controversy: Patali draws IMF’s attention, warns police over playing politics wi... (Category: Breaking News)
- VFS Global responds (Category: Breaking News)
- BIA thrown into turmoil as foreign firm handles on-arrival visa counter (Category: Breaking News)
2100 new Grama Niladhari officers were awarded appointment letters today (May 08) by the Sri Lankan President, Ranil Wickremesinghe, at Temple Trees.The post 2100 new Grama Niladhari officials appointed appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- 2100 new GN officers appointed (Category: Breaking News)
- 2002 Grama Niladhari officers set to be appointed before end of April (Category: Breaking News)
- Report on student consuming coconut kernel for lunch unfounded – President’s Media Division (Category: Breaking News)
- 2100 New GN Officials Appointed (Category: Breaking News)
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
- Samitha Dulan breaks world record in Men’s F-44 javelin throw (Category: Breaking News)
- China to help conclude debt restructuring process in Sri Lanka (Category: Breaking News)
- US and Sri Lanka’s Election Commission discuss importance of free and fair polls (Category: Breaking News)
- Fourteen Sri Lankan fishermen arrested by Indian Navy (Category: Breaking News)
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence (Category: Breaking News)
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic
- Prez asks Opp. to cooperate (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Sri Lanka President says proposals set forth by parties to form all-party Government will be sha... (Category: Breaking News)
President Ranil Wickremesinghe insisted that he is not a dictator and that he has taken steps to protect democracy. Speaking at the United National Party (UNP) May Day rally in Colombo, Wickremesinghe said that he has allowed all the political parties to stage May Day rallies across the country. He said that such freedom was […]
- Wanindu Hasaranga becomes no.1 T20I all-rounder (Category: Breaking News)
- Top US official to visit Sri Lanka (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- NIA arrests wanted accused in espionage case involving Sri Lankan (Category: Breaking News)
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