Sri Lanka approves visa-free facility for citizens of 35 countries
WEBAug 21, 2024 · The Cabinet of Ministers has decided to allow visa-free entry to Sri Lanka for citizens of 35 countries, including the UK, US, Canada, Germany, Australia, Saudi Arabia, China, India, Russia, South Korea, and Japan. This new policy will be in effect from October 01, 2024, and will remain in effect for six months.
Sri Lankan election shines light on president’s legacy and links
WEBAug 20, 2024 · LankaWeb covers the first presidential election since the 2022 crisis that ousted Gotabaya Rajapaksa. It reports on the candidates, the IMF bailout, the geopolitical tensions and the public sentiment.
Sri Lanka says restructuring deal with bondholders reached
WEB1 day ago · Sri Lanka said it’s reached an agreement in principle with bondholders to restructure its $114 billion debt load, just days before the country heads for presidential elections. The government held restricted discussions with nine members of the steering committee of the ad-hoc group of bondholders between September 12th and 18th, it said in a ...
Sri Lanka at the Crossroads: The Presidential Election 2024
WEBSep 8, 2024 · Sri Lanka is gearing up for its first Presidential election after the Island nation was hit by massive economic/political turmoil in 2022. On July 26, the Independent Election Commission of Sri Lanka, after months of speculations, announced that the ninth Presidential election of the country is scheduled to be held on September 21.
Agreement in principle on commercial debt restructuring is a …
WEB12 hours ago · Cololmbo, September 20 (Daily Mirror) – In reference to Sri Lanka agreeing in principle on the restructuring of commercial debts (ISB), Chairman of Advocata Institute Murtaza Jafferjee said it was a game changer on the path to debt sustainability. He said there is a lot of political discourse on the need to renegotiate debt sustainability ...
LankaWeb – Sri Lanka’s tourism poised for remarkable growth as …
WEBFeb 20, 2024 · LankaWeb reports on Sri Lanka's tourism boom in 2024, with visa free travel for seven countries and record arrivals. It also discusses the role of digital payments in enhancing the tourist experience and the sector's potential.
USD 9 Billion in export income in first half of 2024 - LankaWeb
WEBPosted on August 22nd, 2024. Courtesy Hiru News. State Minister for Investment Promotion, Dilum Amunugama, announced that Sri Lanka has secured an export income of USD 9 billion in the first six months of this year. \He also highlighted that investment agreements totaling approximately USD 800 million …
US updates Sri Lanka travel advisory ahead of presidential election
WEB5 days ago · The United States’ Department of State has updated its travel advisory for Sri Lanka urging citizens to exercise caution in view of the upcoming presidential election. The advisory highlights that since Sri Lanka is set to hold presidential elections on September 21, 2024, demonstrations could occur before, during, or after the election.
LankaWeb – Beyond recovery: new book offers Sri Lanka a …
WEBAug 21, 2024 · Courtesy ODI,org Leading experts provide policy proposals to shift Sri Lanka’s trajectory from debt to growth ahead of crucial elections. As Sri Lanka gears up for pivotal Presidential elections on 21 September, a timely new book, “Sri Lanka: from debt default to transformative growth“, provides a comprehensive roadmap to propel the nation beyond economic stabilisation and into a future ...
Governor of the Central Bank warns of risks to economic reforms
WEBAug 27, 2024 · Courtesy Hiru News. Dr. Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka, has cautioned that political or social uncertainties, or reversals of recent achievements, could significantly disrupt the country’s economic reform agenda. He warned that such disruptions could lead to deviations from the planned policy trajectory ...