Good allowed for re-export

[…]The post The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless  appeared first on Colombo Telegraph.

Pure floating exchange rates and a fixed exchange rate with a currency boards are free-market mechanisms

assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized

But it is a tool and a means only, not the ultimate goal. It is simply compulsion and coercion; it is the police power.

Overnight clean money volumes down to zero, sporadic repo activity

Broadly the same opinion across the South, North and East

By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]

“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”

How focused and efficacious are the current infrastructure investments in Sri Lanka, executed through a public investments programme (PIP)? Take for instance the Chinese funded Norochcholai coal fired power plant, built after obtaining a commercial loan from China, and its subsequent breakdowns resulting in power cuts that will stifle growth and earnings, on top of ...

This country’s history is repeating itself with deadly accuracy. Last week Gotabaya Rajapaksa reiterated what Sinhalese leaders have been saying since the parting of ways with the Tamils in 1958. In an interview with the BBC on Monday (May12) Rajapaksa was asked about ‘a recent local government

Receipt of aid, both in the form of grant aid and concessional aid, like in the good old days, would give an impetus to development. When there are roads, power plants and power connections, water supply and sewerage facilities and such like built, that would also give a fillip to investments and therewith job creation ...

Below is an interview with Ambassador Dayan Jayatilleke published in the French Diplomatic Review – La Lettre Diplomatique (The Diplomatic Letter) Two years after the end of a three decades conflict, the lifting of the emergency rule in late August 2011 confirmed the beginning of a new era for Sri Lanka. With the recent discovery of ...

Tributes have been paid to a "committed" Red Cross worker who died after being attacked on Christmas Day while on holiday, the Press Association reported Khuram Shaikh, 32, from Manchester, a physiotherapist working for the International Red Cross in the Middle East, was killed in the tourist resort of Tangalle, about 100 miles south of the capital Colombo.   Unmarried Mr Shaikh was t...

Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...

Hundreds of millions paid to British PR Firm for  2018 Commonwealth Games bid The Indian government spent $ 8.5 billion to host the Commonwealth Games, which turned out to be a national disaster By Frederica Jansz The Sri Lankan government is reportedly paying a top British PR firm about 3 million sterling pounds (Rs. 545,880,000) ...

By Dr. S. Narapalasingam The current moves of the powerful government in post-war Sri Lanka are mainly for sustaining the wartime military strength, preventing the resurrection of the smashed LTTE and developing the infrastructures, notably the roads and rail network,...