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[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
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By Dr Laksiri Fernando President of Sri Lanka Ranil Wickremesinghe is undoubtedly a capable person compared to many other former Presidents in the country. Chandrika Kumaratunga could have been better, but the circumstances of the war prevented her achieving many of the socio-economic targets. In terms of modernizing the country, J. R. Jayewardene played a […]
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ECONOMYNEXT –Australian firms are interested in investing in Sri Lanka, particularly in resource sector, but a more conducive investment environment is needed, High Commissioner Paul Stevens said. Sri Lanka is looking to foreign direct investment as a factor in taking the country out of an economic crises triggered by excessive deployment of ‘macro-economic policy’ involving […]
French President Emmanuel Macron made a historic visit to Sri Lanka on Friday (July 28), following his trip to the South Pacific Region.The post French President Emmanuel Macron pledges strong support for debt restructuring in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
France has pledged its assistance in Sri Lanka’s debt restructuring process, the President’s Media Division (PMD) said. French President Emmanuel Macron made a historic visit to Sri Lanka yesterday (28), following his trip to the South Pacific Region. This visit marked the first time a French President had visited the country. During the visit, President […]
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]
[…]The post Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? appeared first on Colombo Telegraph.
The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]
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Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.The post Sri Lanka’s Central Bank to hold rates as inflation stays high appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
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