report in The Express Tribune, Feb 5, 2023COLOMBO: Minister of State for Foreign Affairs Hina Rabbani Khar on Saturday held a series of meetings with the top leadership of Sri Lanka and discussed a whole range of issues with them. According to a Foreign Office statement, the state minister was in Colombo on a two-day official visit to attend the 75th Independence Day of Sri Lanka as a guest of honour. She called on President…
Posts tagged as “Sri Lanka”
report in The Mirning, Feb 5, 2023The Sri Lankan Government has informed the Chinese Government of the expectations of the International Monetary Fund (IMF) from Sri Lanka’s key bilateral creditors in order to proceed with Sri Lanka’s planned Extended Fund Facility (EFF) with the fund, The Sunday Morning learns. A highly-placed Government source told The Sunday Morning that the Government had last week conveyed to the Chinese envoy in Sri Lanka of the IMF’s expectation…
Nuland accuses China of failing to help SL with ‘credible and specific assurances’ acceptable to IMF
US hopes LG polls will be held in MarchBy Saman Indrajith IN THE ISLAND, FEB 2, 2023US Under Secretary of State for Political Affairs, Victoria Nuland, yesterday said China had not provided credible and specific assurances to the International Monetary Fund (IMF) for Sri Lanka to overcome the current economic crisis. Addressing the media in Colombo, Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances…
report in Daily FT, Jan 27, 2023International Monetary Fund (IMF) Executive Director Dr. Krishnamurthy Subramanian yesterday said the political will displayed by the Sri Lankan leadership to speed up reforms and implement difficult tax increases in order to revive the economy is highly appreciable. Dr. Subramanian, who called on Prime Minister Dinesh Gunawardena yesterday said almost all the requirements for the IMF relief package for Sri Lanka have been completed and the moment the final…
report in Daily FT, 25 January 2023Sri Lanka is all set to roll out the first phase of the proposed Colombo South Port development project as a Public-Private-Partnership (PPP) with an investment of $ 150 million. “Based on the recommendations of the Cabinet Appointed Negotiation Committee, the Government has decided to implement the Colombo International Container Terminals (CICT) proposal evaluated by a Cabinet Appointed Negotiation Committee,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the…
report in ECONOMYNEXT, January 24, 2023 6:50 am– Sri Lanka’s tea output fell to a 26 year low of 251.5 million kilograms as the urban intelligentsia tried to create an interventionist state and banned chemical fertilizer. Chemical fertilizer was banned on the advice of the Government Medical Officers Association, whose boss said ancient Sri Lankans lived for over a century before chemical fertilizers were invented. Tea output fell 16 percent or 48 million kilograms in…
REPORT IN Daily FT, , 20 January 2023The Office of the High Commissioner for Human Rights (OHCHR) on Wednesday said Sri Lanka must fully compensate victims of the Easter Sunday 2019 terrorist attacks following a recent decision by the country’s top court. Last week, the Supreme Court ordered the former President and three other senior officials to compensate the families of the victims because they had failed to prevent the tragedy. Over 270 people were…
by Shehara Ratnasinghe in The Morning, Jan 19, 2023The Vedda Chieftain Uruwarige Wannila Aththo yesterday (18) requested the Human Rights Commission of Sri Lanka (HRCSL) for the implementation of laws to secure the rights of the indigenous Vedda community, and to provide them with access to Courts by implementing a Parliamentary Act to safeguard the rights of the indigenous community of Sri Lanka. “There are numerous ongoing issues faced by the indigenous community such as…
By Rathindra Kuruwita in The Island, Jan 17, 2023Chinese International Department Vice Minister Chen Zhou yesterday told political party leaders that China is ready to work with any party and that the developing world can benefit greatly from collaboration with Beijing. Zhou made this statement, briefing political party representatives, and journalists, on the 20th National Congress of the Chinese Communist Party. He said that Sri Lanka and China have a long standing relationship and China…
report in The Island, Jan 16, 2023President Ranil Wickremesinghe told the “Voice of Global South Summit” on Friday (13) that India is in the best position to act as a bridge between the developing countries, which are facing a debt crisis, and the G20….. State Minister of Finance Shehan Semasinghe attended the Finance Ministers’ session on 12 January 2023. In this session, Ministers exchanged views on financing the development needs of the Global South, achieving…
report in Daily FT online, Jan 14, 2023A high-level delegation of the Communist Party of China (CPC) led by its International Department Vice Minister Chen Zhou will visit Sri Lanka from 14 to 18 January. This will be the first official visit of the Chinese party to Sri Lanka in the New Year of 2023, after the 20th CPC National Congress. The delegation is scheduled to meet leaders of the Government and political parties and…