Visiting Senior Fellow at ODI Global in the United Kingdom and former Director of Research at the Asian Development Bank Institute in Tokyo, Dr. Ganeshan Wignaraja, says that despite the deflationary trend, Sri Lanka continues to face considerably high poverty levels that must be addressed.
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The Singaporean authorities have cited inability to extradite former Central Bank Governor Arjun Mahendran to Sri Lanka in terms of the legal system of that country, posing a fresh challenge for the government in its attempt to investigate the bond scam which caused a loss of Rs.10 billion in 2015informed sources revealed.
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The debate on the Committee Stage or the Third Reading of the 2025 Appropriation Bill, or the 79th Budget Speech, is scheduled to kick off today (Feb. 27) in parliament.
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Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath says that Sri Lanka supports legally binding Negative Security Assurances for non-nuclear states and advocates for the establishment of Nuclear Weapon-Free Zones, particularly in the Middle East.
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The Government Nursing Officers’ Association has decided to stage a demonstration in front of government hospitals across the island during the lunch hour today (27).The demonstration is being held in protest against ‘arbitrary cuts to allowances’ in the 2025 Budget.
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The Finance Ministry this week invited Expressions of Interest (EOIs) from consultancy firms to conduct a needs assessment to initiate a Trade National Single Window (TNSW) system to interconnect several government agencies engaged in international trade proceedings.
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Sri Lanka’s Cabinet of Ministers has given the go ahead to proceed with the drafting of a bill related to the establishment of a Gambling Regulatory Authority.
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The UN has urged Sri Lanka to lift restrictions imposed on non-governmental organisations, including women’s organisations.
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Sri Lanka has not been informed in writing by USAID about cancelling projects with the government, Deputy Minister of Finance and Planning, Harshana Suriyapperuma said.
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Germany’s conservative opposition leader Friedrich Merz won a lackluster victory in a national election Sunday, while Alternative for Germany doubled its support in the strongest showing for a far-right party since World War II, projections showed.
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