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On June 1, 2018, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of Sri Lanka’s economic performance under the program supported by a three-year Extended Arrangement under the Extended Fund Facility (EFF) arrangement. Completion of this review enables the disbursement of the equivalent of SDR 177.774 million (about US$ 252 million), bringing total disbursements under the arrangement to the equivalent of …
Saturday, June 2, 2018 9:10 am,
by eyeadmin
The International Religious Freedom Report for 2017 was released US Secretary of State Mike Pompeo and Ambassador at Large for International Religious Freedom Sam Brownback at the US State Department on 29 May 2018. The report on Sri Lanka said that Buddhist nationalist groups such as the Bodu Bala Sena (BBS, Buddhist Power Force) continued to promote the supremacy of the ethnic Sinhalese Buddhist majority and …
Wednesday, May 30, 2018 11:07 am,
by eyeadmin
Outgoing US Ambassador Atul Keshap has said his country wants to walk hand-in-hand with all Sri Lankans to see the dream of a brighter future coming true. “As you look at the UN process, as you look at the American partnership, we want to walk with Sri Lanka hand-in-hand, with all of the people of Sri Lanka, to see that there is a brighter future,” Ambassador …
Sunday, May 27, 2018 7:48 am,
by eyeadmin
China, on Wednesday said that as of the end of 2017, Chinese companies had completed more than US 15 billion dollars worth of infrastructure projects in Sri Lanka and made great contributions to the economic and social development of the island country. China’s Ambassador to Sri Lanka, Cheng Xueyuan, addressing the media for the first time since his posting in Colombo said that China maintained strong …
Thursday, May 24, 2018 2:12 pm,
by eyeadmin
Due to geo-political compulsions, Sri Lanka has to keep its relations with the West and India on an even keel. But there are indications that it is tilting towards Russia, China and Iran as it inches towards Presidential and Parliamentary elections in 2020. The socialist-nationalist Sri Lankan President, Maithripala Sirisena, is noticeably taking over foreign policy from his right wing and pro-West coalition partner, Prime Minister …
Wednesday, May 23, 2018 11:25 am,
by eyeadmin
Thousands of people in Sri Lanka’s Tamil-dominated northern province on Friday participated in a commemorative ceremony to observe the ninth anniversary of the brutal end to the 37-year long Eelam war, which had claimed the lives of more than one lakh people. The main ceremony was held at Mullaivaikkal in the Mullaithivu district, the scene of the final battle between the government troops and the Liberation …
Saturday, May 19, 2018 7:48 am,
by eyeadmin
The Chinese government is leveraging billions of dollars in debts to gain political leverage with developing countries across Asia and the Pacific, a new report presented to the US State Department claims. The independent report, written by a pair of Harvard University scholars, identified 16 countries targeted by the Chinese government for “debtbook diplomacy, ” with Pakistan, Djibouti and Sri Lanka identified as being most vulnerable. …
Wednesday, May 16, 2018 12:22 pm,
by eyeadmin
The Sri Lanka army has set up a ‘Directorate of Overseas Operations’ dedicated to preparing material to defend itself against war crimes charges made in the international arena. This was stated by the Army Commander, Lt.Gen.Mahesh Senanayake, at a meeting with the Foreign Correspondents’ Association of Sri Lanka here on Thursday. The UN Human Rights Council (UNHRC) had passed several resolutions accusing the Lankan Army of …
Friday, May 11, 2018 12:46 pm,
by eyeadmin
The much-maligned Indo-Lanka Peace Accord of 1987 is back in public focus, courtesy T. Ramakrishnan’s book Or Inapprachinaiyum Or Oppandhamum (An Ethnic Conflict and An Accord), introduced at an event at the Colombo Tamil Sangam recently. Ramakrishnan, a senior Indian journalist and an associate editor of the The Hindu, had engagements in Kandy and Jaffna promoting his book before the Colombo event. In the run-up to …
Wednesday, May 9, 2018 4:25 pm,
by eyeadmin
The Coalition Government of President Maithripala Sirisena and Premier Ranil Wickremesinghe may soon be facing a political challenge from an unexpected quarter namely the Tamil National Alliance(TNA). The TNA regarded as the premier political configuration of the Sri Lankan Tamil people is becoming increasingly frustrated at what it perceives as the slow pace and tardy progress of the Constitution making process. Therefore the TNA is planning …
Monday, May 7, 2018 7:39 am,
by eyeadmin
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