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Although the prevailing high interest rate regime may discourage investments, Central Bank (CB) Governor Dr. Nandalal Weerasinghe asserted that curtailing inflation is more critical for the survival of businesses over low interest rates and to avert a Zimbabwe-like scenario.The post Curtailing inflation critical to avert Zimbabwe-like scenario – CBSL Governor appeared first on Sri Lanka News...
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.
Sri Lanka's central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.The post Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA Ne...
[…]The post 2023 Budget: Wickremesinghe Economics & Post-Rajapaksa Politics appeared first on Colombo Telegraph.
The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change.The post World population projected to hit 8 billion today appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
by Prof. Aruna Shanthaarchch (Department of Economics and Statistics Sabaragamuwa University of Sri Lanka) Who are the Middle Class? The term, middle class, has been defined in a variety of ways. Historically, it was a social class characterised by intellectuals, who were neither capitalists nor
[…]The post Strategic Strides From A Strategy Guru: Prof Ajantha Dharmasiri appeared first on Colombo Telegraph.
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
Leader of the 43 Brigade and SJBP MP Patali Champika Ranawaka has called on former President Mahinda Rajapaksa to retire from politics.Speaking at a meeting in Colombo, on Thursday, Ranawaka said: “I request Mahinda Rajapaksa not to enter politics again or at least say he will do so. Many people have already left the country. […]
From the time we heard that Rishi Sunak was to be the next Prime Minister of Britain and read all the wondrous things about him, I wanted to know what Sashi Tharoor would have to say about this momentous-for-Indians turn of events in the biggest colonial country the world had seen. I had two friends […]
[…]The post RW’s Rocky Road To Export Driven Valhalla appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
Bernard has over 30 years of experience in chief executive and senior management positions in diverse sectors
[…]The post The Sunak Factor Showcases Britain At Its Best Or Decline? appeared first on Colombo Telegraph.
[…]The post Two Men, Two Cultures appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
[…]The post Politics Beyond 22 appeared first on Colombo Telegraph.
[…]The post Executive Presidency – A Wretched Profile Of A Nation appeared first on Colombo Telegraph.
After running out of reserves, Sri Lanka intervened and sterilized to mis-target rates with borrowed dollars
[…]The post “Saving” The Economy appeared first on Colombo Telegraph.
[…]The post Ranil’s Budget Crisis & Ibn Khaldun appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today appeared first on Colombo Telegraph.
[…]The post Ranilnomics: Learning Nothing, Forgetting Everything appeared first on Colombo Telegraph.
[…]The post Go Set A Watchman appeared first on Colombo Telegraph.
Survey reveals deep-rooted Mercantilism and total lack of classical economics
A study has revealed that 9.6 million people of Sri Lanka are currently suffering from poverty, Prof. Wasantha Athukorala of the Department of Economics and Statistics at the University of Peradeniya says.
On 05 October, 2022, The Island carried an article by Dr C. S. Weeraratna with the title “Deteriorating rural economy, and food Security”. On reading this, I was motivated to send a chapter from the biography of D. S. Senanayake by H. A. J. Hulugalle titled ‘The Vision Splendid.’ The book has much more information […]
The Monetary Board, with the concurrence of the Minister of Finance, has promoted Mrs. K M A N Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL). Mrs. K M A N Daulagala has over 31 years of service at […]
[…]The post Are The IMF & Ranil Wickremesinghe Neoliberal? appeared first on Colombo Telegraph.