BBC NEWSNIGHT – SRI LANKA – 12/01/23 BBC GLOBAL QUESTIONS – SRI LANKA 18/01/23 When the topic of corruption comes up, you will notice Ali Sabry checking his watch – time to run!!! ...
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Sri Lanka to purchase oil from Iran on government to government deal Source:Dailymirror Sri Lanka is to purchase crude oil from Iran on a government to government deal, a Minister said today. Foreign Minister Ali Sabry told Daily Mirror over the phone that he had a cordial discussion with his Iranian counterpart Hossein Amir-Abdollahian on the sidelines of the 77th Session of the UN General Assembly in New York. The Minister said crude oil purchase is one of the key areas discussed,” he said. ...
Sri Lanka-current 27th May 2022 – By Dr Harold Gunatillake *Sri Lanka PM to take over as finance minister too. Ali Sabry, previous finance minister, resigns *Wickremesinghe will present an interim budget within six weeks that will slash government expenditure ‘to the bone’. *The PM is seeking $4bn from the IMF, China and Japan to pay for food and fuel even as he slashes the budget to ‘bare bones’. *Sri Lanka’s Rajapaksa Appeals for Bridging Finance in TokyoLanka has run out of money to pay for food, fuel, medicines and other daily need. *Sri Lanka hikes fuel prices, hires financial and legal advisers *Sri Lanka’s inflation increased by 20-24 per cent Lanka’s Prime Minister Ranil Wickremesinghe will take charge as finance minister, the president’s office has announced. It will lead talks with the International Monetary Fund (IMF) as the crisis-hit nation seeks a bailout. “Prime Minister Ranil Wickremesinghe was sworn ...
May 27, 2022
Posted by eLanka admin In
Articles, Dr harold Gunatillake
Tagged Ali Sabry, Central Bank, Gotabaya Rajapaksa, IMF, Kanchana Wijesekera, Nandalal Weerasinghe, Ranil Wickremesinghe, TokyoLanka
Broke, downgraded and begging: Sri Lanka pays price for missteps – by MARWAAN MACAN-MARKAR South Asian nation’s economic crisis draws comparisons with Lebanon’s meltdown Source:asia.nikkei.com BANGKOK — Sri Lanka’s failure to settle interest payments on sovereign bonds and its subsequent ratings downgrade have drawn unflattering comparisons with the economic meltdown in Lebanon. The South Asian nation on April 18 failed to pay interest of $78.13 million on $1.25 billion of bonds. Standard & Poor’s followed up this week with a downgrade to a “selective default” rating — the latest knife in the back of the debt-ridden economy. Foreign investors who had bought the island’s international sovereign bonds (ISBs) were angry that they were misled by promises the debt would be paid. The principal cheerleader was Nivard Cabraal, the then central bank governor. Throughout he stood by views he had expressed to Nikkei in a February interview: “I am determined to ...
May 7, 2022
Posted by eLanka admin In
Articles, elanka Finance
Tagged Ali Sabry, Anushka Wijesinha, COVID 19 pandemic, Economic analysts in Colombo, Foreign investors, Gotabaya Rajapaksa, Harsha De Silva, IMF program, International Monetary Fund, Samagi Jana Balawegaya party, South Asian nation's economic
Fly half Sudesh brought honour and fame to Sri Lanka-by Althaf Nawaz Sudesh Abeysinghe Source:Dailynews In the game of Rugby Football, the Fly Half position should be occupied by a highly skilled player. Sudesh Abeysinghe was one of the best players who occupied this position for his school club and Sri Lanka Sudesh attended Isipathana College and went on to complete his educational career there. From his teenage days he was very keen in handling the oval shaped ball as he hailed from a rugby playing family which produced several players who excelled in the sport at school, club and at International level. ...
Jan 14, 2021
Posted by eLanka admin In
Articles
Tagged Ali Sabry, Ananda Fernando, Anil Dassanayake, Asitha Boteju, Azad Junkeer, Bhartha Hegoda, Bimal Perera, Chandana, Chandrashan Perera, Chanka Jayaweera, Frank Abeysinghe, Harshadeva Karunaratne, Hisham Abdeen, Janaka De Silva, Jude Dimithri, Kenneth De Zilwa, Nalin Dissanayake Ruwan Dananjaya, Narein Perera, Nazeem Mohamed, Nishantha Dias, Parakrama Ratnayake, Pradeep De Alwis, Rex Anthony, Rohan Abeykoon, Saman Jayasinghe, Sanjaya Amunugama, Senaka Balasuriya, Sudesh Abeysinghe, Tissa Jayaweera
