Category: Economy and Markets
Foreign aid absorption to increase by 18 percent in 2005
Sri Lanka hopes to increase foreign aid absorption by about 18 percent this year, compared to utilisation in 2004, to accommodate tsunami aid inflows.Sri Lanka hopes to increase foreign aid absorption by about 18 percent this year, compared to utilisation in 2004, to accommodate tsunami aid inflows. “The public investment programme for this year is […]
India puts off US$ 30 mn in loan repayments over three years
India on Tuesday said it would postpone up to US$ 30 million in debt repayment over the next three years.India on Tuesday said it would postpone up to US$ 30 million in debt repayment over the next three years. The Finance Minister meanwhile hopes to leverage India’s commitment to push the Paris Club to extend […]
President tells donors that a solution would be found to the problem of channelling aid to LTTE controled areas
Sri Lanka’s President Chandrika Kumaratunga told international donors that a solution would be found to the problem of channelling aid to the tsunami stricken areas controlled by the Tamil Tigers, a move that is strongly opposed by a coalition ally in her government.Sri Lanka’s President Chandrika Kumaratunga told international donors that a solution would be […]
Opening speeches underline sharp differences in the thinking of a typical third world country and donors
The opening speeches at Sri Lanka’s annual aid and policy review conference, underlined the sharp differences in the thinking of a typical third world country and donors who try to prevent governments from following policies that impoverish its citizens.The opening speeches at Sri Lanka’s annual aid and policy review conference, underlined the sharp differences in […]
‘s expectations well realized at the Development Forum
Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005.Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005. The two day forum […]
JHU takes protest against the proposed joint mechanism to the Kandy Development Forum
Kandy, Sri Lanka: Buddhist monk legislator Athuraliya Ratana makes an unscheduled address at a meeting of international aid donors in Kandy, Sri Lanka 16 May 2005 denouncing President Chandrika Kumaratunga’s plans to enter into a controversial deal with Tiger rebels. AFP PHOTO/LR/aj The Jathika Hela Urumaya (JHU) – a political party made up of Buddhist […]
Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years
Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years, to international donors at the Development Form in Kandy.Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years, to international donors at the Development Form in Kandy. Finance Minister […]
Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005
Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005 form bilateral partners, to help tied over the cost of post-tsunami reconstruction, the External Resources Department said in a pre-Development Forum report.Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005 form bilateral partners, to […]
Finance Minister says govt.’s expectations well realized at the Development Forum
Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005.Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005. The two day forum […]
Background papers presented by Sri Lanka at the May 16-17 Development Forum.
Background papers presented by Sri Lanka at the May 16-17 Development Forum.Background papers presented by Sri Lanka at the May 16-17 Development Forum. Government Presentations
Politics steals the thunder from Sri Lanka’s aid parley
KANDY, Sri Lanka – Sri Lanka’s hopes to firm up two billion dollars in pledged tsunami aid at a donor meeting here Monday will be overshadowed by political chaos, deadlocked peace talks with Tamil Tigers and delayed economic reforms, diplomats said.“The bilateral donors are looking more at the politics while multilateral lending institutions are keen […]
‘s aid parley
KANDY, Sri Lanka – Sri Lanka’s hopes to firm up two billion dollars in pledged tsunami aid at a donor meeting here Monday will be overshadowed by political chaos, deadlocked peace talks with Tamil Tigers and delayed economic reforms, diplomats said.“The bilateral donors are looking more at the politics while multilateral lending institutions are keen […]