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UK ready to consider financing assurances for Lanka to secure IMF deal

ECONOMYNEXT –The United Kingdom is “ready to consider” financing assurances to Sri Lanka to secure a 2.9 billion US dollar extended fund facility (EFF) with the International Monetary Fund (IMF), a UK official said. Minister of State (Foreign, Commonwealth and Development Office) Anne-Marie Trevelyan told the British parliament on Tuesday January 24 that the UK […]

Parliament prorogued on Friday night

President says cabinet agreeable to fully implementing 13 A until party leaders decide whether or not to abolish the Amendment Parliament was prorogued from midnight Friday (27) by President Ranil Wickremesinghe under powers vested in him by Article 70 of the Constitution, parliamentary sources said on Friday. The Department of Government Printing was due to issue […]

India expected to be top tourist generator in 2023

ECONOMYNEXT –Sri Lanka is seeing strong prospects of tourists from India driving the sector in 2023, a top industry official said as the country tries to emerge from its worst ever currency crisis. “I think India is going to be our biggest contributor and there’s a lot of activity happening between India and Sri Lanka […]

France repatriates another group of illegal Lankan migrants

France last Wednesday repatriated 38 Sri Lankan migrants who arrived illegally by boat on the French territory, Réunion Island on Jan 14. This return comes after the repatriation of 46 other migrants on 13 January. France said it will continue to implement a policy of combating illegal immigration, while applying the humanitarian principles of rescue […]

Death threats won t deter us – EC Chairman – The Island

Chairman of the Election Commission of Sri Lanka Nimal Punchihewa told The Island that members of  the election commission won’t be deterred by death threats. He said that members of the commission  M M Mohamed,  K P P Pathirana and S B Diwarathne have been repeatedly threatened and the police have not been able to […]

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