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Sri Lanka’s economic crisis is driving millions of people into poverty, jeopardizing their rights to health, education, and an adequate standard of living, Human Rights Watch said today. Human Rights Watch said the Sri Lankan Government should work with relevant financial institutions and partners to establish a new social protection system and obtain debt relief, […]
Kishido said he would like to work in concert with Wickremesinghe to “further develop the cordial ties".
Sri Lanka will not extend a state of emergency imposed to control anti-government protests as the situation in the impoverished nation has "stabilised", the president's office said Tuesday.The post Sri Lanka to end state of Emergency appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
"For the first time we have defaulted on foreign debt repayment. But we cannot avoid debt," he said.
by Saman Indrajith The main Opposition SJB yesterday said the Speaker and Leader of the House had conspired to deprive the Opposition of the chairmanship of the Finance Committee in Parliament and they must be held responsible for the present crisis situation, prevailing in the country. Addressing the media at the Opposition Leader’s Office, in […]
[…]The post It’s Time To Untether The Kite! appeared first on Colombo Telegraph.
Interest on several International Sovereign Bonds have been missed.
Global ratings agency S&P Global has slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missed interest and principal payments. The South Asian nation, which had defaulted on a bond payment earlier this year and has $12 billion in overseas debt with private creditors, has been battling the worst financial crisis in […]
Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to 'D', representing default, following missed interest and principal payments.The post S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
"We cannot support Wickremesinghe who operates within the IMF framework."
[…]The post Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 appeared first on Colombo Telegraph.
By SUSHANT SAREEN The bye-elections to 20 Punjab Assembly seats on 17 July have sent shockwaves through Pakistan’s fragile political and economic system. It would be an understatement to claim that the results were entirely unexpected. On the eve of the elections, there was virtually a consensus amongst political pundits that the ruling Pakistan Muslim […]
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
The European Union (EU) has told President Ranil Wickremesinghe to focus on GSP plus, the International Monetary Fund (IMF) and human rights. The EU tweeted saying: -Had a constructive meeting w/ Pres. @RW_UNP today.is a partner in challenging times. For us, protection of civil & #humanrights
with the International Monetary Fund, the government should adopt a strategy […]
2029 bonds sold at 26.91-pct
Sri Lanka has recently been trying to rebuild relations with Japan.
To face confiscation of goods under the Customs Ordinance and Import and Export Control Act and additional fines
“Human Rights Watch is extremely concerned by the draconian and abusive state of emergency currently in effect."
Sri Lanka’s new president, Ranil Wickremesinghe, should ensure that his administration adopts measures to protect the basic rights of all Sri Lankans, Human Rights Watch said in a letter published todayThe post Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Sri Lanka’s new president, Ranil Wickremesinghe, should ensure that his administration adopts measures to protect the basic rights of all Sri Lankans, Human Rights Watch said in a letter published today outlining key human rights concerns. Wickremesinghe was sworn in as president on July 21, 2022, after then-President Gotabaya Rajapaksa stepped down after months of widespread protests against [&#...
We cannot create another problem at the expense of solving an existing problem
by Shamindra Ferdinando Former Chairman of the Committee on Public Enterprises (COPE) Prof. Charitha Herath yesterday (07) said that though the prorogation of the Parliament led to the dissolution of the watchdog committee it shouldn’t hinder a planned inquiry to identify those responsible for the current economic chaos. Prof. Herath said that the COPE was […]
By Shamindra Ferdinando Former Foreign Affairs Minister Prof. G.L. Peiris says that whatever the political arrangement, envisaged by President Ranil Wickremesinghe, to address the developing political-economic-social crisis, the expansion of the Cabinet-of-Ministers wouldn’t be acceptable to the public, under any circumstances. “It would be a grave mistake on the part of political parties re...
[…]The post Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean appeared first on Colombo Telegraph.
Prime Minister of Japan Fumio Kishida says he is hopeful for political stability in Sri Lanka and quick progress in negotiations with the International Monetary Fund (IMF) for development.
Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history.The post Sri Lanka considering restructure of local and sovereign debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Sri Lanka's tax revenue is one of the lowest in the world in terms of GDP ratio.
Wickremesinghe says if no alternative, the govt will have to go with the IMF programme
‘Don’t forget Japanese Embassy raised issue at hand with GR’ By Shamindra Ferdinando Top SJB spokesman Mujibur Rahuman, MP, yesterday (04) said that President Ranil Wickremesinghe’s government owed an explanation regarding the re-appointment of SLFPer Nimal Siripala de Silva as Ports, Shipping and Aviation Minister in spite of serious bribery accusations directed at him. Colombo […]