India, the world’s largest democracy, has a profound influence on its neighbouring countries, including Sri Lanka. The Indian general election, a massive democratic exercise involving over 900 million eligible voters, determines the political direction of the country for the next five years. In the recent election, Prime Minister Narendra Modi secured a significant victory with…
State Minister of Finance Shehan Semasinghe said that the impact of political power struggles must not be detrimental to addressing the economic crisis. He detailed the government’s strategic measures since 2022, which have been crucial in stabilizing the economy. The Minister emphasized that the decisions taken by the President and the government, supported by parliamentary…
The Ministry of Agriculture and Plantation Industries announced a substantial investment of 20.6 billion rupees in upcoming months to enhance rural development and elevate living standards for citizens. Minister Mahinda Amaraweera emphasized that the government is commited to implementing a range of projects to achieve these goals. As part of this effort, officials have been…
In a detailed address to the parliament today, Sri Lankan President Ranil Wickremesinghe presented a comprehensive update on the nation’s economic recovery and restructuring efforts, detailing significant strides made since the implementation of stringent economic reforms in mid-2023. President Wickremesinghe began his address by confirming that these reforms have initiated a period of economic growth,…
President Ranil Wickremesinghe stressed that the enhancement of the rural economy pivots on agricultural advancement. He highlighted the pivotal role of dedicated government officials at the grassroots level in ensuring the success of various government initiatives aimed at rural development, notably the agricultural modernization program. The President made these remarks during his address at the…
The Central Bank expects the economy to grow by 3% this year as the benefits of the eased monetary policy stance and low inflation environment continue to be gradually channelled into the economy. The outlook comes on the back of the economy recording a positive performance in the second half of 2023 following six quarters…
Sri Lanka is experiencing a significant demographic shift as the annual number of births declines while deaths increase, reports from the Registrar General’s Department and the Central Bank of Sri Lanka (CBSL) have revealed. This imbalance is expected to impact the nation’s population structure and economic stability. According to the Registrar General’s Department, the annual…
In an internationally widely observed and landmark visit to Sri Lanka, the Iranian President Dr. Ibrahim Raisi yesterday renewed his country’s further support to the progress of the Indian ocean nation. In a whistle stop but highly secure tour to Sri Lanka, President Raisi inaugurated the $ 514 million worth ‘Uma Diya Janani’ multi-purpose development…
At PEaCE/ECPAT Sri Lanka, we have recently improved our documentation system by introducing expanded classifications. We have aligned our data collection methods with UNICEF’s International Classification of Violence Against Children (ICVAC) standards. This comprehensive approach allows us to detail and categorise information from various media sources. As a result, our analysis now spans multiple pages…
Sri Lanka’s State Finance Minister Shehan Semasinghe called on US Ambassador to Sri Lanka Julie Chung in Colombo, ahead of his trip to Washington for the IMF Spring Meeting. The Ambassador posted on X, Sri Lanka has made great progress on the IMF program, and the United States of America hopes Sri Lanka can take…
