Global growth continues broadly but risks are rising for developing economies with higher oil prices, rising interest rates, high debt levels and the threat of trade war as top concerns,” said Sri Lanka Finance Minister Mangala Samaraweera who is also the Chairman of the G-24.
He urged major powers to reform and reinforces rather than discard the rules-based global trading system.
Concern over rising risks to emerging market economies took centre stage this week as global Finance Ministers and Central Bank Governors in Bali, Indonesia. Minister Samaraweera was speaking at this meeting.
Bali hosted both the biannual Ministerial Meeting of the Group of 24 (G-24) developing countries and the annual meetings of the International Monetary Fund and World Bank Group officials. (Bandula)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Leave Comments