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Burden on sri lankans. And that resonated with citizens who have been burdened with high living costs and rising poverty, even at a time when the economy overall seem to have stabilised. Now, dissanayake promise to cut income taxes and slash sales taxes on food and medicine, his also promised to renegotiate terms of the imf programme to make it easierfor sri lankans. But experts say that he can manage to realistically deliver and fund the populous promises, while balancing sri lankan s financial obligation. The foreign reserve is at $6 billion that can last forjust three months. Imf s bailout loan that forced his territory in order to boost government revenues is also halfway through and a deal to restructure the huge foreign debt is still not finalised. Stabilising the economy and manoeuvring lenders, especially bilateral partners india and china, will be one of the first test. This party so far has had a no experience in running a government, economists say the governance of the econ ....
Across lebanon last week killing at least 20 people. Israel hasn t said whether it was involved. As the fighting intensifies, un chief antonio guterres says he fears lebanon could become another gaza. The lebanese health ministry raised the death toll to 45 in friday s strike by israel targeting hezbollah commanders in southern beirut. Most of those killed were civilians. Authorities say women and children are among the dead. On sunday, israel launched further strikes on towns in southern lebanon, killing three people. And the israeli military says it destroyed thousands of hezbollah rocket launcher barrels over the past few days. Israeli prime minister, benjamin netanyahu had this to say. No country can accept the wanton rocketing of its cities. We cannot accept it either. We will take whatever action is necessary to restore security and to bring our people safe, back to their homes. Meanwhile, in lebanon hundreds attended the funeral of ibrahim aqil, a high ranking hezbollah comman ....
Welcome back. Here, Sir Keir Starmer has promised to show how his government will, in his words, fix the foundations and rebuild the uk, as the Labour Conference gets under way in liverpool. The partys first annual gathering while in powerfor 15 years comes amid criticism over donations and gifts accepted by some of the new cabinet and calls from Union Bosses for The Party to U Turn on its decision to cut winterfuel payments for pensioners. Let us go live now to liverpool and our political correspondent for the latest. For the latest. Here in liverpool, for the latest. Here in liverpool, really for the latest. Here in i liverpool, really starting for the latest. Here in liverpool, really starting to fill up, activists ar ....
Place. I want to get your thoughts on what the President Elect and first priorities will be, especially regarding the priority economy. He talks about a new and Progressive Schleicher in his manifesto, which emphasizes production, good policies, which means promoted agriculture and many factory. I think his first actions will be talking to the International Monetary Fund where they say they work within that framework, would also try to negotiate some of the harsh austerity measures, and there would be a lot of emphasis on Transit Route out the corruption that has plagued Sri Lanka for so long. Are corruption that has plagued Sri Lanka for so lon ....