Economy

Tsunami aid inflow puts Sri Lanka balance of payments in the black

The influx of aid since December's tsunami disaster will lift Sri Lanka's balance of payments into the black this year, the central bank said Friday. online …

Panic attack over false tsunami in Galle

Inhabitants of the Southern Sri Lankan town of Galle ran away from the coast in panic fearing another tsunami, after high seas drenched part of the market …

Foreign donors dangle cash carrot to push peace in Sri Lanka

An increased foreign aid offer of three billion dollars for Sri Lanka's tsunami recovery is mainly aimed at pushing Colombo and Tamil Tiger rebels to salvage …

Japan agrees to defer payments on US$ 225 mn due in 2005

Japan on Tuesday confirmed Sri Lanka’s calls to postpone up to US$ 220 mn in loans owed to the East Asian development partner this year. online pharmacy buy …

Farmers get land for homes, farming land next on list

The Agriculture Ministry say over 140,000 farming families in Sri Lanka are landless, with not even a few perches to build a house. online pharmacy buy spiriva …

Tigers push for tsunami deal with Sri Lankan government

Tamil Tiger rebels Thursday pushed for "serious engagement" with Sri Lanka's government to share billions of dollars of tsunami aid despite official fears that …

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. online …

Donors add US$ 500 mn to pledges taking total to over US$ 3 bn

The Kandy donor parley closed two days of dialog on Tuesday adding over US$ 500 mn in new commitments. online pharmacy buy diflucan with best prices today in …

The country’s first Millennium Development Goals Report, presented to Sri Lanka’s bilateral and multilateral donors, shows that strides in health and education, the island will miss targets to halve poverty by 2015.

Sri Lanka is falling behind on social sector gains and unemployment and poverty rises in tsunami and conflict hit areas, warns a UN report released during …

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. online pharmacy buy elavil with best prices today in …

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 …

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 …

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 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 …

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. online pharmacy buy diflucan with best prices today in the USA buy chloroquine …

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 …

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 …

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 …

Sri Lanka truce, foreign aid under threat, Japan warns

Sri Lanka faces a "critical period" in its faltering peace process and failure to cut a deal with Tiger rebels over tsunami relief could jeopardise foreign aid …

Pledges not the issue, getting the money is

The donor parley meeting in Kandy on May 16-17 will be sweet talked to cough up the remainder of the US$ 2 bn in aid pledged in the aftermath of the December …