The International Monetary Fund (IMF) on Friday said it was encouraged by Sri Lanka’s monetary and exchange rate policy changes amid a sharp drop in foreign exchange reserves and significant widening of the current account deficit. "There was broad agreement that a decisive policy response was needed to put the economy on a sounder macroeconomic… Continue reading IMF says encouraged by Sri Lanka’s policy changes
Category: News
SRI LANKA: Independence without justice – Asian Human Rights Commission
A statement for the commemoration of the independence of Sri Lanka The 64th commemoration of Sri Lanka’s independence takes place at the time when the country’s justice system is in a hopeless crisis. The abuse of the judicial process for political reasons has created doubts about the independence of the judiciary itself. The government shows… Continue reading SRI LANKA: Independence without justice – Asian Human Rights Commission
US official arrives in Sri Lanka to discuss Iranian sanctions
The United States Deputy Assistant Treasury Secretary Luke Bronin visited Sri Lanka on Thursday to discuss Sri Lanka’s options, as US sanctions on Iran look set to cut off Sri Lanka’s crude oil imports. The US Embassy stated that Bronin’s visit was to “discuss how the Iranian sanction legislation will affect Sri Lankan financial institutions… Continue reading US official arrives in Sri Lanka to discuss Iranian sanctions
SRI LANKA: Illusion of Freedom – AHRC
"They tell us, these tyrants, that they adore a God of peace and equality, and yet they usurp our land and make us their slaves. They speak to us of an immortal soul and of their eternal rewards and punishments, and yet they rob our belongings, seduce our women, violate our daughters. Incapable of matching… Continue reading SRI LANKA: Illusion of Freedom – AHRC
Sri Lanka raise rates, slows lending
Sri Lanka’s central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a worsening trade deficit. The Central Bank of Sri Lanka hiked its benchmark lending rate by 50 basis points to 9.0 percent, the first rise since… Continue reading Sri Lanka raise rates, slows lending
British MP urges debate on LLRC report
British Labour Party Bristol East MP Kerry McCarthy has called for a full debate in the British Parliament on the recommendations of Sri Lanka’s Lessons Learnt and Reconciliation Commission (LLRC). Speaking during a Westminster Hall debate on Human Rights, Ms. McCarthy said, “We have recently had the report published by the LLRC. I hope that,… Continue reading British MP urges debate on LLRC report
Kevin Rudd must up the ante on Sri Lanka
(theaustralian) AS nations such as Canada and Britain weigh in on accountability for war crimes in Sri Lanka, it’s time for Australia to add its voice. After all, promoting human rights is a crucial part of foreign policy, as Foreign Minister Kevin Rudd is keen to say. A month ago the Sri Lankan government’s Lessons… Continue reading Kevin Rudd must up the ante on Sri Lanka
Indian university confers honorary doctorate on Erik Solheim
TERI University of India (The Energy and Resources Institute), which is a deemed university located in New Delhi, has conferred honorary doctorate on Norwegian Minister of Development Mr. Erik Solheim in its fourth convocation this year held on Wednesday. The deemed university, specialized in sustainable development, got accreditation in India in 1999. The university has… Continue reading Indian university confers honorary doctorate on Erik Solheim
SL government will not deliver justice: HRW
The acting Geneva Advocacy Director at Human Rights Watch, Philippe Dam, has said in a statement issued by the HRW Thursday that justice and accountability will not come from the Sri Lankan government. “Only international action will address the suffering of victims,” Mr. Dam said urging the United Nations Human Rights Council to address the… Continue reading SL government will not deliver justice: HRW
Pro Rajapaksa gang abducts, threatens Kaaththaankudi civil activist
A.C.M. Asam, a member of the Kaaththaankudi Good Governance People Movement was abducted last Friday by an armed men who came in motorbikes when he was returning home after seeing his ailing mother in the Batticaloa Teaching Hospital. Mr. Asam was later released after four hours, according to M.M.Abdur Rahuman, Soora council member of the… Continue reading Pro Rajapaksa gang abducts, threatens Kaaththaankudi civil activist
