Moody’s Investors Service says that Sri Lanka’s (B1 negative) high general government debt levels, very low debt affordability, and fragile external payments position continue to present the sovereign with material credit challenges. In particular, persistently high government liquidity and external vulnerability risks will maintain pressure …
By Veeragathy Thanabalasingham: Political parties are busy filing nominations to contest local government elections scheduled for early 2018. As many political analysts have observed, the elections, postponed for more than two and a half years, have aroused the same interest as that of a general election.The …
The European Union (EU) issuing a statement on 15 December 2017, welcomed Sri Lanka as the 163rd State Party to the Anti-Personnel Mine Ban Convention. The European Union is pleased to welcome Sri Lanka as 163rd State Party to the Anti-Personnel Mine Ban Convention. On 13 December …
India expects Sri Lanka to be mindful of its “security concerns and sensitivities”, the external affairs ministry said on Thursday while reacting to the Sri Lankan government handing over the Hambantota port to China on a 99-year lease last week. Ministry Spokesperson Raveesh Kumar also …
Russia will place temporary restrictions on imports of all agricultural products from Sri Lanka, including tea, from Dec. 18, the Russian agricultural safety watchdog Rosselkhoznadzor said on Thursday. The watchdog said it had taken the decision to impose restrictions after it found an insect, known …
The claim made in a new show of a US science channel that the ‘Ram Setu’ is man-made and not natural has reaffirmed the stand of the BJP on the issue, Union minister Ravi Shankar Prasad said today. He also hit out at the previous …
The three constituent parties of the Tamil National Alliance (TNA) amicably resolved their differences, concluded their seat sharing arrangements for the local government elections in the North and Eastern provinces and agreed to work together as one team. All the three TNA constituent parties agreed …
A group of dissenting Sri Lankan Tamil lawmakers has formed a new coalition to challenge the TNA which has come under severe criticism for going soft on the government’s delay in delivering justice to the minority community, a parliamentarian said today. Tamil parliamentarian Sivashakthi Anandan …
On December 6, 2017, the Executive Board of the International Monetary Fund (IMF) completed the third 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 the review enables the …
