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Friday 21st April, 2023 Parliament is going to debate the government’s agreement with the IMF, which has approved USD 3 billion for Sri Lanka under the Extended Fund Facility Arrangement. The debate is scheduled to take place from 26 to 28 April, we are told. Public finance is the province of Parliament, which should scrutinise the […]
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By Prof. Nalin Abeysekera Sri Lankans are celebrating the traditional New Year, and we can see that despite many obstacles people wanted to move back to their normal lives. The country has suffered three different blows––the Easter Sunday attack, Covid-19, and the economic crisis. They have caused many hardships for the general public. There has […]
[…]The post The Role Of National Defence In A Crisis-Ridden Economy appeared first on Colombo Telegraph.
[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
[…]The post RW’s Remote-Control Economy appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe announced that the agreement with the International Monetary Fund (IMF) would be presented to Parliament for a vote on whether to support it and that following this vote, the key points of the agreement would be enacted into law.The post Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka President appeared...
Sri Lanka is determined not to seek the assistance of the International Monetary Fund (IMF) for the 18th time. President Ranil Wickremesinghe said that the latest agreement with the IMF will be tabled in Parliament for a vote. “First and foremost, it is anticipated that the agreement with the International Monetary Fund (IMF) will be […]
[…]The post IMF’s Concern On Corruption appeared first on Colombo Telegraph.
By Hiran H.Senewiratne The government doesn’t have any mechanism to recover the USD 40 billion that was siphoned out of the country illegally from 2008 to 2018 by Sri Lanka’s business elites, Senior Lecturer, Department of Economics, University of Peradeniya Dr. Kalpa Rajapaksha said. “
[…]The post IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory appeared first on Colombo Telegraph.
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[…]The post The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri Lanka appeared first on Colombo Telegraph.
By Shamindra Ferdinando The Japanese embassy and UNICEF (United Nations Children’s Fund, previously known as United Nations International Children’s Emergency Fund), on 16 March, 2023, issued a joint statement that dealt with the impact the developing political-economic-social crisis is having on the poor in Sri Lanka. The statement focused on the suffering of the children […]
[…]The post ‘Contemporary Issues In Socio-Economic Development’: A Timely Publication By Kelaniya University appeared first on Colombo Telegraph.
Tuesday 14th March, 2023 Progress eludes countries where populist politics has taken precedence over economics, Sri Lanka being a glaring example. Politicians, unlike statespersons, do not care much about the long-term interests of a country, and never hesitate to subjugate macroeconomic
Dr. Chandana (Chandi) Jayawardena DPhil President – Chandi J. Associates Inc. Consulting, Canada Founder & Administrator – Global Hospitality Forum chandij@sympatico.ca Struggling with Doctoral Studies By 1998, I was struggling with my doctoral research. By then I realized that doing a Ph.D. in the midst of a busy hotel career, at times demanding 16-hour work […]
Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets like Argentina and Montenegro.The post Sri Lanka needs institutional changes for long-term debt sustainability, expert says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri Lanka, the country’s foreign minister said in […]
[…]The post Is It Wise To Criticise The Mahā Sangha? appeared first on Colombo Telegraph.
India today raised the fishermen issue with Sri Lanka during talks between the Foreign Ministers of both countries held in New Delhi. Foreign Minister Ali Sabry met Indian Foreign Minister S. Jaishankar in New Delhi today. “We took stock of our cooperation that is focused on facilitating Sri Lanka’s economic recovery. Discussions covered investment, trade […]
[…]The post Elections & Economic Recovery appeared first on Colombo Telegraph.
[…]The post Selling Our Troubles In Bankrupt Times – Sri Lanka’s Anarchism appeared first on Colombo Telegraph.
[…]The post Crisis-Hit Sri Lanka Economy appeared first on Colombo Telegraph.
Veteran banker, Faizal Salieh, has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC). He has been appointed to the post with effect from 20 February 2023. Salieh served as the Chief of Corporate and Merchant Banking at ANZGrindlays Bank; COO of NDB; Executive Director/CEO of NDB Housing […]
[…]The post Child’s Guide To Bitcoinisation Of Sri Lanka Economy appeared first on Colombo Telegraph.
[…]The post A Painted Ship In A Painted Ocean appeared first on Colombo Telegraph.
[…]The post Qualified Candidates Essential For System Change appeared first on Colombo Telegraph.
[…]The post Should A Country Be Governed By As Sangha Says? appeared first on Colombo Telegraph.