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"It’s the overall uncertainty in the system," a market analyst said.
The president has requested in writing from several countries including Russia to buy oil.
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
Possibility of increasing and restructuring the assistance provided by India in the form of credits
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
Diesel and Fuel Oil requirements of Industries to function their Generators and Machinery
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]
The Prime Minister's office was targeted by the protesters for the first time.
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“What the international community is looking for is long-term policy credibility and sustainability."
[…]The post Recent Political Violence And Its Consequences appeared first on Colombo Telegraph.
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
[…]The post Interim Government For Reform Not Consolidation appeared first on Colombo Telegraph.
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
[…]The post War On China? – II: US Military-Industrial Complex & The War Without End appeared first on Colombo Telegraph.
By Armida Salsiah Alisjahbana The Asia-Pacific region is at a crossroads today – to further breakdown or breakthrough to a greener, better, safer future. Since the Economic and Social Commission for Asia and the Pacific (ESCAP) was established in 1947, the region has made extraordinary progress, emerging as a pacesetter of global economic growth that has […]
It has 90,000 metric tonnes of Siberian Light Crude
Money printing triggers excess outflows, forcing the currency down and triggering parallel exchange rates
[…]The post Sri Lanka In The Chalk Circle appeared first on Colombo Telegraph.
[…]The post Hold Elections & Avert A Dual-Power Crisis appeared first on Colombo Telegraph.
[…]The post Paradise Bankrupt On Golden Republic Anniversary appeared first on Colombo Telegraph.
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
Food suppliers have been willing to extend credit to local importers due to strong relationships spanning generations
[…]The post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.