Once bankrupt country transformed under President’s leadership – …
WEB1 day ago · 14. Under the current President’s leadership, a country that was once on the brink of bankruptcy has been transformed into one where economic development and public support are now achievable, State Minister Shehan Semasinghe said, speaking at the ‘Ranil ta Puluwan’ (Ranil Can) rally in Medawachchiya recently.. He went on to say, “Since 2022, our country has been steadily stabilising ...
A Call for Continued Vigilance - DailyNews
WEBAug 8, 2024 · The Fragility of Sri Lanka’s Economic Recovery: A Call for Continued Vigilance. by malinga August 8, 2024. August 8, 2024 1:09 am0 comment. The past few years are marked as a period of significant trial and difficult recovery. The crisis that weighed down our country left many scars, exposing the fragility of …
"Today, I acted to prevent a crisis in Sri Lanka similar to the current ...
WEB1 day ago · President Ranil Wickremesinghe emphasized that no vacuum should be allowed to occur in state power, as such a situation could lead to a serious disaster. He further stated that state power must always be smoothly transferred from one party to another. Referring to Bangladesh’s current situation ...
Sri Lanka’s Economic Renaissance - DailyNews
WEBJun 26, 2024 · Sri Lanka’s Economic Renaissance. Professor Nalin Abeysekera. Pic by Vasitha Patabandi. The debt relief received through the International Monetary Fund is an indisputable breather for the Sri Lankan economy. Economists hope that this loan repayment and debt restructuring program will pave the way to elevating the country’s economy to a ...
Economic Crisis in Sri Lanka: Policy Challenges for the New …
WEB2 days ago · The policy challenges of a new government are not about an ideological debate and discussion. Instead, they are about a pragmatic and robust reform agenda to build an enabling environment for economic recovery and sustained economic growth. ECONOMIC CRISIS: GENESIS. People’s ‘two-fold’ …
President assures significant economic gains by year end
WEBMar 7, 2024 · President assures significant economic gains by year end. Making a special statement in Parliament, President Ranil Wickremesinghe yesterday emphasised that the revival of the country’s economy began in the third quarter of 2023. He highlighted that international financial institutions have projected a growth rate of 2 percent to 3 percent ...
Economic Transformation Bill debated today - DailyNews
WEBJul 25, 2024 · 390. Finance State Minister Dr. Ranjith Siyambalapitiya said that the “Economic Transformation Act” which will prevent Sri Lanka from becoming a bankrupt country again will be debated in Parliament today (25).
Arresting the Crime Wave - DailyNews
WEBJan 25, 2024 · On Tuesday, a Buddhist monk was shot dead inside a temple in the Malwathuhiripitiya, Gampaha. The shooting was carried out using a T-56 assault rifle. Four unidentified individuals, who had arrived in a car, had carried out the shooting and fled the scene afterwards. Their getaway car has been torched later. …
Sri Lanka-China: Green Growth Blooms - DailyNews
WEBJan 12, 2024 · 719. C hina is to extend a multi-faceted package for social empowerment in Sri Lanka covering a broad range of areas from modernization of agriculture, introduction of hybrid rice and other crops to support the dual objectives of food security and poverty alleviation.. The proposed assistance programmes will be launched shortly and in addition to the central government of China, these ...
You are being redirected... - Daily News
WEBMay 13, 2024 · Sri Lanka will soon recommence discussions with bondholders and is optimistic on achieving a resolution regarding debt restructuring by Jun 2024. The negotiations primarily focused on the bondholders’ proposal, particularly concerning the introduction of a Macro-Linked Bond (MLB). The March proposal suggested a 20% haircut on the nominal ...
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