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Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
A new visa scheme for foreign investors to invest, live and study in Sri Lanka was launched today. The launching ceremony of the ‘Golden Paradise Visa Scheme’ was held under the aegis of Central Bank Governor Dr. Nandalal Weerasinghe and Defence Secretary General Kamal Gunaratne at the Department of Immigration and Emigration, Battaramulla today (May […]
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
[…]The post A Cabinet Of Patriotic Opportunists appeared first on Colombo Telegraph.
[…]The post Could A ‘National Government’ Resolve The Crisis? appeared first on Colombo Telegraph.
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
Delays is fiscal reforms can reduce the recovery rate
Inflation is projected to remain elevated in the coming months before moderating thereafter, the Central Bank of Sri Lanka said today. The bank said that headline inflation is projected to remain escalated in the near term on account of domestic supply shortages, increased global commodity prices, the effects of the large depreciation of the Sri […]
Policy undermined by printing money for state workers
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
Tourism receipts estimated at US$174mn up from US$9mn last year
Sri Lanka has been facing a severe economic crisis since the beginning of 2021 and was trying to cushion the effect of the financial instability by seeking help from almost all friendly countries. Sri Lanka sought the intervention of the good offices of the political hierarchy of Bangladesh and Pakistan, apart from India, for much-needed […]
[…] The post What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? appeared first on Colombo Telegraph.
Indian High Commissioner of Sri Lanka Gopal Baglay received a group of Parliamentarians and reiterated India’s continued commitment to support the island nation. “High Commissioner (HC) received a group of parliamentarians and reiterated India’s continued commitment to support Sri Lanka. The Parliamentarians thanked the people of India for standing with people of Sri Lanka. They ...
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
22-04-2022, Amsterdam: In the latest series of EFSAS interviews, Mr. Junaid Qureshi (Director EFSAS) welcomed virtually Professor Mick Moore, a highly regarded political economist and professorial fellow at the Institute of Development Studies at the University of Sussex. He is also the founding CEO of the International Centre for Tax and Development and was appointed […]
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
Colombo: India continues help its close neighbor Sri Lanka which is facing the worst economic crisis in its history, by lending economic support and assistance. Indian Minister of Finance Nirmala Sitharaman told The International Monetary Fund recently to help Sri Lanka by extending its rapid aid facility even though Sri Lanka is classified as middle […]
Photo courtesy of Dinarzarde Raheem Circular MWFC/1/20201 issued on 4 November by the Ministry of Wildlife and Forest Conservation has caused widespread concern and consternation. This circular seeks to make all Sri...
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.
[…] The post “Tea Is The Most Affordable Luxury,” Says The Sri Lanka Tea Board. How So? On Whose Toil? appeared first on Colombo Telegraph.
Photo courtesy of Sri Lanka Foundation “Ever since we arrived on this planet as a species, we’ve cut them down, dug them up, burnt them and poisoned them. Today we’re doing so...
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
[…] The post Country-Level, Qualitative Data For 2020 Expose The Covid-19 Status In Sri Lanka appeared first on Colombo Telegraph.
Photo courtesy of New Indian Express The currently available Covid-19 vaccines have been authorized for emergency use in Europe and North America. This is due to what has been termed a health...
[…] The post Some Thoughts About The Change Under Gotabaya Rajapaksa appeared first on Colombo Telegraph.
Photo courtesy of Dinarzarde Raheem Circular MWFC/1/20201 issued on 4 November by the Ministry of Wildlife and Forest Conservation has caused widespread concern and consternation. This circular seeks to make all Sri...
[…] The post PM & President Offer Fool’s Paradise Instead Of Facing Up To Covid-19 Realities appeared first on Colombo Telegraph.