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Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
Global un-employment set to rise
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
[…]The post The Lost Revolution appeared first on Colombo Telegraph.
[…]The post Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves appeared first on Colombo Telegraph.
By Eng. Thushara Dissanayake The country is in a deep economic crisis to which everyone equally contributed. We, as citizens, have consumed beyond our capacities prompted by the economic mismanagement of the leaders. The higher officials and advisors either misled those leaders or humbly remained without being at odds. In terms of investments, the government […]
Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
By N Sathiya Moorthy Unending sporadic incidents of targeted killing in which vehicle-bound gunmen take out individuals on the streets across the Sinhala South, unthinking mismanagement of the distribution of available fuel among emergency staff in hospitals and elsewhere reported from across the country, and such other episodes, day in and day out have created […]
[…]The post Child’s Guide To True Cost Of Activities: Concept Of Opportunity Cost appeared first on Colombo Telegraph.
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