Sri Lanka’s economy stabilized, reforms critical – World Bank
WEB14 hours ago · Sri Lanka’s economy has stabilized, with growth expected to reach 4.4 percent in 2024, surpassing earlier forecasts. This positive outlook follows four consecutive quarters of growth driven by the industrial and tourism sectors and supported by critical structural and policy reforms, says the World Bank.
Sri Lanka’s New President Is More a Pragmatist Than a Marxist
WEB13 hours ago · By Umesh Moramudali Courtesy The Diplomat Anura Kumara Dissanayake is well aware that his handling of Sri Lanka’s vulnerable economy will determine his political future. Sri Lankan President Anura Kumara Dissanayake (center) holds talks with a delegation from the International Monetary Fund in Colombo, Sri Lanka, Oct. 4, 2024.Credit: President’s Media Division (PMD), Sri Lanka On September ...
LankaWeb – World Bank signs additional $200M to support Sri …
WEB3 days ago · Courtesy Adaderana The World Bank and the Government of Sri Lanka today signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) for $200 million. This is the second operation in a two-part series that began in 2022. The first operation, totaling $500 million, was disbursed in June and December 2023.
What Can the US Expect From Sri Lanka’s New President?
WEB2 days ago · By Keerthi Martyn Courtesy The Diplomat As Dissanayake takes up the presidency, Sri Lanka stands at a pivotal juncture. Credit: Facebook / President’s Media Division Sri Lanka begins a new political era under the presidency of Anura Kumara Dissanayake, who was elected in September following an economic crisis in 2022 that brought down the previous government and sparked political uncertainty ...
Sri Lanka orders new probe into Easter Sunday bombings
WEB2 days ago · S. S. <p>Courtesy CNA Sri Lanka’s new government announced a probe on Tuesday (Oct 8) into the 2019 Easter bombings that killed 279 people, saying that previous investigations had failed to identify other culprits responsible for the country’s worst-ever attack against civilians. In the aftermath, officials blamed a local jihadist group for ...
Political Progress and the New Honest Governance in Sri Lanka
WEB3 days ago · Mother Lanka is blessed with a true honest young dynamic son, Comrade AKD to govern Sri Lanka free of nepotism, bribery, corruption, profligate expenditure, improper car and house allocation and excessive allowances and liquor bar licenses to politicians. The country will be cleansed maybe, in another six months, afterwards, the country will be ...
Sri Lankan election shines light on president’s legacy and links
WEBAug 20, 2024 · COLOMBO — Sri Lanka’s first presidential election since an economic crisis tipped the government into turmoil two years ago will focus attention on whether the unelected incumbent Ranil Wickremesinghe can hold on to his position. United National Party’s Wickremesinghe assumed the presidency after …
Sri Lanka at the Crossroads: The Presidential Election 2024
WEBSep 8, 2024 · Sri Lanka is gearing up for its first Presidential election after the Island nation was hit by massive economic/political turmoil in 2022. On July 26, the Independent Election Commission of Sri Lanka, after months of speculations, announced that the ninth Presidential election of the country is scheduled to be held on September 21.
LankaWeb – From Protests to Power: Anura Kumara Dissanayake’s …
WEBSep 30, 2024 · Courtesy D.D.News India It is more than two years since the Aragalaya Protests shook Sri Lanka to the core. Aragalaya means Struggle in the Sinhala language. The imagery of people storming the Presidential Palace and hoisting the Sri Lankan national flag, amid slogans of ‘Gota Go Home’, is fresh in the minds of many, in this […]
EC accepts nominations of all 39 presidential candidates
WEBAug 15, 2024 · The Election Commission of Sri Lanka says it has accepted the nominations of all 39 presidential candidates who submitted their nominations today (15) for the 2024 Presidential Election. The Election Commission Chairman R.M.A.L. Rathnayake announced that the three objections presented following the nomination submission, were rejected.