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Life-saving medical equipment and commodities related to sexual and reproductive health, and maternal and child health services, were handed over to Sri Lanka’s Ministry of Health. The United Nations Population Fund (UNFPA) together with Australia’s Department of Foreign Affairs and Trade (DFAT) delivered the equipment to the Secretary of Health S. Janaka Sri Chandraguptha. The […...
The learning crisis in Sri Lanka has affected vulnerable children the most, including younger children in primary grades and those in plantation estates in the country, UNICEF said today. The Ministry of Education (MoE) and UNICEF are spearheading a national initiative to help 1.6 million primary
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III appeared first on Colombo Telegraph.
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Ghana majority leader has blamed Sri Lanka’s Central Bank for the economic crisis in the island. The Majority Leader in Ghana’s Parliament, Osei Kyei-Mensah Bonsu, said there is no part of the Constitution that mandates the Bank of Ghana to report all its activities and transactions
An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday.The post IMF staff to visit Sri Lanka in September for first programme review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said. The Washington-based lender approved a nearly US$3 billion bailout for crisis-hit Sri Lanka in March. The Asian island
During the question-and-answer session, Dr. Dushni Weerakoon questioned the sustainability of Sri Lanka’s non-aligned foreign policy, as it weakened the country’s position in trade negotiations. The expert assertion was certainly not restricted to trade negotiations. Having signed ACSA (Access and Cross Servicing-Agreement) with the US, in August 2017, it would be ridiculous to still talk […...
The Vatican has given President Ranil Wickremesinghe the thumbs-up for his recent statement on peace and reconciliation, the President’s Media Division said. Rev. Dr. Brian Udaigwe, the Vatican Apostolic Nuncio of Sri Lanka commended President Ranil Wickremesinghe’s statement in Parliament regarding peace and reconciliation. He said that the statement had received the blessings of the ...
Sri Lanka has called for a resolution to the Palestinian crisis through a two-state framework, in line with a United Nations resolution. Foreign Minister Ali Sabry met the Sri Lanka Committee for Solidarity with Palestine and discussed the crisis. “They apprised me on the ongoing challenges
[…]The post Nation Cast Out Of Paradise Reemerges appeared first on Colombo Telegraph.
by Jehan Perera A little publicised march wended its way from Talaimannar in the north-west coast to Matale in the central hills. The march retraced the jungle track of 200 years ago that brought a flow of men and women in the tens of thousands from the south of India to work on the newly […]
National Security Advisor Ajit Doval has arrived in Jeddah to participate in a summit of national security advisers and other officials being hosted by Saudi Arabia on Saturday to discuss the ongoing Russia-Ukraine war. Doval was welcomed at the Jeddah Airport by Indian Ambassador to Saudi Arabia, Suhel Khan, and Consul General Mohammed Shahid Alam. “Shri […]
The United Kingdom (UK) says it will work with Sri Lanka to restore debt sustainability. Acting High Commissioner of the United Kingdom to Sri Lanka, Mrs. Lisa Whanstall said that the United Kingdom is happy to support Sri Lanka through multilateral organizations such as the International Monetary Fund, the World Bank and the United Nations […]
Sri Lankan President Ranil Wickremesinghe underscored the imperative to fortify the nation’s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.The post Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President appeared first on ONLANKA -...
Sri Lanka will, this week, relax restrictions on imports of vehicles required for transportation of goods and passengers, State Finance Minister Ranjith Siyambalapitiya said on Sunday. The State Minister told the media that the import restrictions on vehicles such as trucks and buses would be lifted. The government restricted the import of 1,465 items in […]
President Ranil Wickremesinghe says the Board of Investment and the Export Board have fallen short in meeting the targets set to address the economic crisis. “Our aspiration is to construct a prosperous future for generations to come. It is our collective responsibility to fortify the economy
By N Sathiya Moorthy Recently, Education Minister Susil Premajayantha told Parliament that the Government was making efforts to increase the number of teachers across the country — but there would still remain a shortage of 26,000 teachers. His proposals include hiring retired and former teachers for provincial councils, which already have the funds allocated for the […]
[…]The post Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off appeared first on Colombo Telegraph.
[…]The post Vain Attempts To Bowl Imran Khan Out! appeared first on Colombo Telegraph.
Video: Water Crisis: Sri Lankan farming community in dire straits
Sustaining its industry leadership position for the 18th year in a row, Unilever Sri Lanka has been recognized as the Most Respected FMCG company in LMD’s Most Respected Entities 2023 ranking along with being named the Sector Winner in both the ‘Consumer Products’ and ‘Multinational’ categories. Unilever Sri Lanka scored high in LMD’s Top 12 […]
[…]The post IMF Economics & 13A Politics: Recipe For Unrest appeared first on Colombo Telegraph.
The IMF will conduct the first review of the $2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.The post IMF to conduct bailout review for Sri Lanka in September appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
by Rajan Philips PAKISTAN’S twisted political saga continues without the slightest deviation from a tired and predictable script. PTI chairman Imran Khan has been found guilty of “corrupt practices”, disqualified from representing the people of Pakistan, fined Rs100,000, and sentenced to three years in jail for good measure. Dawn (Pakistan Daily), August 6 Editorial The […]
Condemning all political decisions made by President Ranil Wickremesinghe with regard to the 13th Amendment to the Constitution, Senior Deputy Chairman of the Sri Lanka Freedom Party (SLFP) Prof. Rohana Lakshman Piyadasa warned that Sri Lanka is heading towards a democratic crisis.
[…]The post Ranil & His Options: Keep Running Or End The Executive Presidency appeared first on Colombo Telegraph.
By Shamindra Ferdinando Rebel SLPP MP Prof. Channa Jayasumana yesterday (11) said that former President Gotabaya Rajapaksa should make his position clear on his successor Ranil Wickremesinghe’s move to fully implement the 13th Amendment to the Constitution. Reiterating his strong opposition to President Wickremesinghe’s controversial plan, the Anuradhapura District MP stressed that Gotabaya Rajapa...
solutions to the ongoing debt crisis in Sri Lanka that respond […]
Sri Lanka said that India will be one of the closest countries to enhance investments in Sri Lanka given its proximity to the Island nation and that it wants to have a very conducive environment for investors to come and invest. In an interaction with PTI, Sri Lankan Finance Minister Shehan Semasinghe also sounded optimistic […]