News

United States and Kandy District Secretariat celebrate women-owned Micro-enterprises

Published

2 years ago

2021/03/14

KANDY: Women’s groups representing Sri Lanka’s diverse communities celebrated the success of a pop-up handicrafts market supported by the US government and the Kandy District Secretariat in commemoration of International Women’s Day.

“The United States is proud to help make a space for women to collaborate and lead the way as entrepreneurs, social leaders, and peacemakers,” said Ms. Debra Mosel, US Agency for International Development

(USAID) Deputy Mission Director. “This initiative promotes stability, social inclusion, and a unified Sri Lanka”.

The International Women’s Day event featured cultural presentations by Sinhala, Tamil, and Muslim women’s groups who have worked together to share best practices to grow their businesses and expand market linkages. Funded by USAID through its SCORE project, the event is one component of a multi-year project to strengthen Sri Lankan-led efforts to advance social cohesion and stability.

The SCORE project is one component of the longstanding partnership between the American and Sri Lankan people to support self-reliance, strengthen stability, and promote economic growth. USAID’s program in Sri Lanka, totaling more than 350 billion Sri Lankan rupees since 1956, promotes a healthy, educated, and employed population.

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Stay on course and don’t go back to the past – Dr Indrajit Coomaraswamy

Published

6 hours ago

2023/03/24

Priyan

Former Governor of the Central Bank delivering the keynote address at a high profile Webinar hosted by the Central Bank of Sri Lanka today (24) said that Sri Lanka must implement the structural reforms proposed by the International Monetary Fund (IMF) without relaxing like in the past or else we will be in a deeper economic mess.

The webinar was titled ‘What is next for Sri Lanka in the wake of the IMF programme’

News

Sustainable economic development goals cannot be achieved unless attention is paid to mitigating climate change – Sagala Ratnayake

Published

6 hours ago

2023/03/24

Priyan

President’s Senior Adviser on National Security and Chief of Presidential Staff Sagala Ratnayake said sustainable economic development goals cannot be accomplished without taking steps to mitigate climate change.

He said this while participating in the 10,000 sapling planting program organized by the LEO Youth Vision 2048 Club and the LEO Club at the Royal College, Colombo on Thursday (23rd).

This program was organized in view of President Ranil Wickremesinghe’s birthday, which is today (24), and the required plants were distributed to the main schools of the Colombo District.

News

SF claims thousands of police and military personnel leaving

Published

18 hours ago

2023/03/24

Thilina Walpola

By Saman Indrajith

Thousands of police and military personnel had left the services recently as they did not want to carry out illegal orders, Field Marshal Sarath Fonseka told Parliament yesterday. According to the war-winning army commander 200 policemen have resigned during the past two months and 25,000 soldiers have left the army during the last two years.

“We urged the law enforcement and military officials not to follow illegal orders. We will reinstate them with back pay,” he said.

Fonseka also urged the President and the government MPs not to take people for fools.

“Sri Lanka owes 55 billion dollars to the world. Ranil’s plan is to borrow another seven billion during the next four years. So, in four years we will owe 62 billion to the world.

Ranil and his ministers ask us what the alternative to borrowing is. These are the people who destroyed the economy and society. They must leave. Then, we will find an alternative and develop the country,” he said, adding that the IMF loans had made crises in other nations worse.

“Ranil says that by 2025, we will have a budget surplus as in Japan, Germany and South Korea. These countries are economic power houses, and this comparison is ludicrous.”