Tag: lbo
Foreign donors put Sri Lanka on notice amid war fears
International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from coalition allies and resume peace talks with Tamil Tiger rebels, analysts and diplomats said.International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from […]
Fears rise for Sri Lanka peace process as Norway fails to end deadlock
A top Norwegian envoy who failed in his latest effort to revive Sri Lanka’s peace talks has warned both parties to honour a truce or risk a return to full-scale war, diplomats said Friday.A top Norwegian envoy who failed in his latest effort to revive Sri Lanka’s peace talks has warned both parties to honour […]
Central Bank forecasts 6% GDP next year
Sri Lanka’s economy could grow 6.0% in 2005 on a continued cease-fire between government troops and rebel forces, an easing of a drought that hurt agriculture this year and lower crude oil prices, said the central bank’s governor, Sunil Mendis.Sri Lanka’s economy could grow 6.0% in 2005 on a continued cease-fire between government troops and […]
Haphazard reform saddles Sri Lanka with skewed growth and persistent poverty.
Haphazard reform has saddled Sri Lanka with unequal and skewed growth, the World Bank says in its new country report.Haphazard reform has saddled Sri Lanka with unequal and skewed growth, the World Bank says in its new country report. “There has been enough growth in Sri Lanka to have already achieved the millennium development goals […]
Sri Lankan, Mistaken As American, Faces Terror In Iraq
Day after day, locked in a cement room somewhere in Iraq, the hooded men beat him.They told him he would be beheaded.“Ameriqi!” they shouted, even though he comes from this poor Sri Lankan fishing village.Day after day, locked in a cement room somewhere in Iraq, the hooded men beat him. They told him he would […]
Norway embassy closes after anthrax scare
Sri Lanka’s peace broker Norway shut its embassy in Colombo Thursday after the diplomatic mission received a package containing a white powder suspected to be anthrax, police said. Sri Lanka’s peace broker Norway shut its embassy in Colombo Thursday after the diplomatic mission received a package containing a white powder suspected to be anthrax, police […]
FTA with Pakistan in honour of President’s visit
Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri Lanka’s President pays a visit to Pakistan next year. Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri […]
Foreign donors accuse Marxists of sabotaging Sri Lanka peace bid
International aid donors asked President Chandrika Kumaratunga to rein in her Marxist ally after accusing them of undermining Norwegian-led peace efforts in a move that push Sri Lanka back to war.International aid donors asked President Chandrika Kumaratunga to rein in her Marxist ally after accusing them of undermining Norwegian-led peace efforts in a move that […]
World Bank cleared a US$ 75 million loan to Sri Lanka
A World Bank Wednesday cleared a US$ 75 million loan to Sri Lanka for housing reconstruction in the war ravaged North and East of the island.A World Bank Wednesday cleared a US$ 75 million loan to Sri Lanka for housing reconstruction in the war ravaged North and East of the island. Around 46,000 poor, conflict-affected […]
‘s visit
Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri Lanka’s President pays a visit to Pakistan next year. Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri […]
Credit Slip
The Indian Export Import (EXIM) Bank has called for a corporate guarantee for the US$ 150 million fuel credit line to Sri Lanka.The Indian Export Import (EXIM) Bank has called for a corporate guarantee for the US$ 150 million fuel credit line to Sri Lanka. The new hurdle was introduced to cover a possible default […]
Public sector training for public-private partnerships
The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary.The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary. “In future planning agencies and line ministries will have to realise projects that complement public-private partnerships.Not […]