Shenali D Waduge Arun Siddharth has an opinion & he has a right to his opinion. How many have listened to him or believe him? Why is his narrative different from the rest? What makes his narrative different from the rest? The UN/UNHRC/Western diplomats have for years felt comfortable in believing the lies of a […]

BY EDWARD THEOPHILUS During the presidential election of 2019, many candidates and people publicly talked about education reforms.  Except for Mr Gotabaya Rajapaksa, other candidates and the public have not expressed clear views on this subject and are reluctant to talk about what kind of reforms are needed for Sri Lanka. Education is a broader […]

උපුටා ගැන්ම  හිරු පුවත් ඉදිරි වසර දෙකක කාලය සඳහා ශ්‍රී ලංකාවට මූල්‍යමය වශයෙන් සහාය දීමට ලෝක බැංකුව එකඟ වී තිබෙනවා. >ඒ අනුව ඊට අමෙරිකානු ඩොලර් බිලියන 1.5ක මුදලක් ලබාදීමට ලෝක බැංකුවේ කළමනාකාරීත්වය එකඟ වී ඇති බවයි වාර්තා වන්නේ. එම මුල්‍ය ප්‍රදානය ජාත්‍යන්තර මූල්‍ය අරමුදල සමග ශ්‍රී ලංකාව ඇති කරගෙන ඇති ගනුදෙනුව අවසන් වූ වහාම සිදු […]

උපුටා ගැන්ම ලංකා සී නිව්ස් පසුගිය සමයේ චීනයෙන් කාබනික පොහොර නැවක් මෙරටට ගෙන්වීමට සම්බන්ධ ආයතනයේ ප්‍රධාන විධායක නිලධාරියා ජාතික ජන බලවේගය යටතේ මෙවර පළාත් පාලන මැතිවරණ ඉදිරිපත් වී ඇති බවත් වාරිමාර්ග රාජ්‍ය අමාත්‍ය ශෂීන්ද්‍ර රාජපක්ෂ මහතා සඳහන් කරයි. ඔහු ජාතික ජන බලවේගයෙන් වත්තල ප‍්‍රාදේශීය සභාවට තරග වැදීම සඳහා නාම යෝජනා භාරදී ඇති බව ද හෙතෙම […]

Courtesy The National News IMF funding is often the sole financial lifeline available to countries in a debt crunch and key to unlocking other financing sources Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund for financial help are facing unprecedented delays to secure bailouts as China and Western […]

Courtesy The Daily Star Sri Lanka’s decision to raise interest rates shows the crisis-hit country’s commitment to reducing inflation quickly towards single-digit levels, the International Monetary Fund (IMF) said on Saturday. In a surprise move, the South Asia nation’s central bank raised rates by 100 basis points on Friday to battle inflation, which is at […]

By P.K. Balachandran/The Diplomat Courtesy NewsIn.Asia Colombo, March 4: The natural endowments and strategic value of Trincomalee harbor in eastern Sri Lanka have been well known for a long time. Yet, to date, very little concrete action has been taken to develop and use the port. There has been no dearth of reports and plans, […]

Courtesy NewsIn.Asia Share on WhatsApp Presentation from Central Bank of Sri Lanka on recent economic developments. ADVERTISEMENT

By Bram Nicholas and Shiran Illanperuma/The Diplomat March 02, 2023: Sri Lanka’s debt default – announced in April of last year amid foreign currency shortages that had triggered rolling blackouts, fuel queues, and street protests – has been subject to endless debate by local and international observers. The root causes of the country’s debt problem […]

Courtesy The Daily Mirror The International Monetary Fund today praised the Central Bank of Sri Lanka’s decision to raise the policy rate and said it shows its commitment to reduce inflation more quickly and firmly towards the single-digit target.” CBSL’s decision to raise the policy rate is appropriate and in line with its objectives set […]

Courtesy The Daily Mirror The government will honour the Supreme Court’s decision preventing withholding any funds allocated to conduct Local Government Polls 2023 and will proceed accordingly, State Minister of Finance Ranjith Siyambalapitiya said. He said everyone should respect the court’s decision.  “It can be the Ministry of Finance, the government or an institution, It […]

Courtesy The Daily Mirror Renowned British supermodel Naomi Campbell features a pack of Sri Lankan made “Samahan,” as an essential product she keeps with her for a strong immune system.  In a recent interview with Vogue India titled What does Naomi Campbell carry in her bag?,” she says ‘Samahan’ is a good tea for the […]

Courtesy Adaderana Samagi Jana Balawegaya (SJB) MP Harsha de Silva has stated that although the International Monetary Fund (IMF) bailout Sri Lanka currently awaits is necessary, it is not, in fact, sufficient for the growth of the nation. Taking to Twitter, Harsha warned that Sri Lanka’s current challenge is to create growth, adding that the […]