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"It’s the overall uncertainty in the system," a market analyst said.
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
- IMF – Eagerly Awaited – Desperation Grows! (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
- RW Vs. GR: Who Will Outwit Whom? (Category: Breaking News)
- Ranil: A SWOT Appraisal (Category: Breaking News)
- Hold Elections & Avert A Dual-Power Crisis (Category: Breaking News)
- Ranil-SWOT: A Reappraisal (Category: Breaking News)
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
- Sri Lanka stocks fall on concerns over fuel shortage, political instability (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks up after cabinet appointment amid concerns (Category: Breaking News)
- Sri Lanka shares gain close to 2-pct in mid-day trade (Category: Breaking News)
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 […]
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF holds talks with Prime Minister Ranil Wickremesinghe (Category: Breaking News)
- IMF waiting for Sri Lanka to do the needful (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
- China dithers over IMF s Sri Lanka debt plan, leaves Colombo in limbo (Category: Breaking News)
- CBSL governor hopeful Sri Lanka can achieve debt sustainability before IMF dates (Category: Breaking News)
- Sri Lanka must present debt restructuring strategy by end of April - IMF (Category: Breaking News)
- SRI LANKA RECEIVES IMF EXECUTIVE BOARD APPROVAL FOR THE EXTENDED FUND FACILITY (EFF) ARRANGEMENT (Category: Breaking News)
“What the international community is looking for is long-term policy credibility and sustainability."
- Sri Lanka’s business mogul Dhammika Perera attempts to bring hope after govt failures (Category: Breaking News)
- EXPLAINER – Sri Lanka people’s hopes fade as monetary stability eludes new PM (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
- Market Share (Category: Business)
- Leaf Factor (Category: Business)
- Value Trend (Category: Business)
- Leaf Trend (Category: Business)
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 […]
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- India slams Chinese envoy in Sri Lanka (Category: Breaking News)
- Is China playing with Sri Lanka’s bid to secure an IMF loan? (Category: Breaking News)
- China assures continued support to Sri Lanka (Category: Breaking News)
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
- Govt. may stop supplying dollars (Category: Breaking News)
- SL’s defence cost only US 5.5bln dollars (Category: Breaking News)
- Cost of Sri Lanka's war a vital investment, Governor of Central Bank says (Category: Breaking News)
- Sri Lankas international sovereign bond oversubscribed CB govenor (Category: Breaking News)
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: How Colonial Ceylon Did It? (Category: Breaking News)
It has 90,000 metric tonnes of Siberian Light Crude
Money printing triggers excess outflows, forcing the currency down and triggering parallel exchange rates
- Sri Lanka official remittances down 33-pct in May (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Remittances through official channels up 78% in March (Category: Breaking News)
[…]The post Hold Elections & Avert A Dual-Power Crisis appeared first on Colombo Telegraph.
- RW Vs. GR: Who Will Outwit Whom? (Category: Breaking News)
- Ranil: A SWOT Appraisal (Category: Breaking News)
- We Are On Course To A Dual Currency Regimen (Category: Breaking News)
- Oh Frabjous Day! Calloo Callay! (Category: Breaking News)
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
- Inflation – Public Enemy Number One (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
Food suppliers have been willing to extend credit to local importers due to strong relationships spanning generations
- Camel milk and ostrich eggs could fill Sri Lankan food gap (Category: Breaking News)
- New rules for food importers (Category: Breaking News)
- Sri Lanka President seeks support of the traders to regulate prices of essential food commodities (Category: Breaking News)
- Precautions against melamine contamination (Category: Breaking News)
[…]The post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
- Sri Lanka president, PM, opposition leader support proposed UN-monitored reforms: Victor Ivan (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- The Senseless Killing Of 19A By 21A! (Category: Breaking News)
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.
- Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! (Category: Breaking News)
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- The Operation Successful But The Patient Died? Not If People Stand Up! (Category: Breaking News)
- Recent Political Violence And Its Consequences (Category: Breaking News)
The current crisis is having far-reaching implications on the ability of women and girls to live in dignity
- More effective mechanism needed to regulate gender-based violence on digital platforms – Women P... (Category: Breaking News)
- Legislative roundup, Jan. 30, 2021 (Category: USA, New Mexico)
- Police: Yakima serial groper returns (Category: USA, Washington)
- Rapes and molestations of women rising in Sri Lanka (Category: Breaking News)
We have to keep in mind that printing money will depreciate the rupee
- Overshooting (Category: Business)
- Forex Policy (Category: Business)
- Forex Trend (Category: Business)
- Sri Lankan Rupee ends firmer against USD (Category: Breaking News)
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
It will then be presented to the cabinet of ministers for approval, the PM’s office said in a statement.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
[…]The post Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? appeared first on Colombo Telegraph.
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Mahinda Should Have Retired After Two Terms: Chamal Rajapaksa – Gota Should Resign Now! (Category: Breaking News)
- Whither Lanka? (Category: Breaking News)
In the next few weeks we will face the most difficult time
- Sri Lanka continues monetary financing of imports, pegging after ‘running out’ of reserves (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka infotech, mobile telephony in a fix after import ban (Category: Breaking News)
"I also wish to inform you that we will extend our support as a responsible opposition to correct decisions."
- Conviction Concern (Category: Business)
- Sri Lanka Opposition Leader calls on President (Category: Breaking News)
- Sri Lanka Opposition Leader questions the planned extension of the parliamentary complex (Category: Breaking News)
- Sri Lanka Muslim Congress may withdraw support to the government over the Dambulla mosque issue (Category: Breaking News)
"Every day that passes, the future of this country is put at greater risk."
- Sri Lanka's cash crisis could overshadow tour (Category: Breaking News)
- Sri Lanka president urges ‘courage’ on National Day (Category: Breaking News)
- Sri Lanka's main opposition says country moving from crisis to crisis (Category: Breaking News)
- FEB officials Jordan bound to settle worker dispute (Category: Breaking News)
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
- SL must help toward peaceful settlement in the Maldives: Ranil (Category: Breaking News)
- Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday ... (Category: Breaking News)
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Ranil to cut short UK visit (Category: Breaking News)
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 […]
- China assures will not harm Sri Lanka’s interests (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- China’s attitude puzzles Sri Lanka (Category: Breaking News)
[…] The post Galle Face Struggle – A Short Resume Of Recent Events! appeared first on Colombo Telegraph.
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- 9th July Revolution Ousted Rajapaksa Dynasty; So, Let It Imprimatur (Category: Breaking News)
- Aragalaya: Role Of Protests In Political Change (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
[…] The post Defiance & Desperation appeared first on Colombo Telegraph.
- RW Summons Youth For Economic Marathon (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
- Echoes Of Aragalaya In Geneva (Category: Breaking News)
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