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Although the prevailing high interest rate regime may discourage investments, Central Bank (CB) Governor Dr. Nandalal Weerasinghe asserted that curtailing inflation is more critical for the survival of businesses over low interest rates and to avert a Zimbabwe-like scenario.The post Curtailing inflation critical to avert Zimbabwe-like scenario – CBSL Governor appeared first on Sri Lanka News...
- Sri Lanka needs to boost entrepreneurship to overcome ongoing crisis – Central Bank Governor (Category: Breaking News)
- CB Governor says biggest bugbear for businesses is high inflation (Category: Breaking News)
- CBSL governor says 2023 Budget focuses on economic recovery and stability (Category: Breaking News)
- Businesses with dollar income sources will only survive this crisis – Central Bank Governor (Category: Breaking News)
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.
- Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
Sri Lanka's central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.The post Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA Ne...
- Sri Lanka Central Bank to hold rates as inflation worries persist (Category: Breaking News)
- Sri Lanka’s Central Bank to hold rates as inflation stays high (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
by Prof. Aruna Shanthaarchch (Department of Economics and Statistics Sabaragamuwa University of Sri Lanka) Who are the Middle Class? The term, middle class, has been defined in a variety of ways. Historically, it was a social class characterised by intellectuals, who were neither capitalists nor
- Budget, Taxation Turmoil and Policy Blunders – Part II (Category: Breaking News)
- Personal income tax shock dims economic activities (Category: Breaking News)
- Only one income taxpayer paying over Rs. 300 mn. a year says Aluthgamage (Category: Breaking News)
- Sri Lanka’s tax hike likely to discourage small time investors into stocks – analysts (Category: Breaking News)
[…]The post Strategic Strides From A Strategy Guru: Prof Ajantha Dharmasiri appeared first on Colombo Telegraph.
- A Cyber Cooperation Agenda With The US (Category: Breaking News)
- A Cyber Cooperation Agenda With The US (Category: Breaking News)
- A Cyber Cooperation Agenda With The US (Category: Breaking News)
- A Cyber Cooperation Agenda With The US (Category: Breaking News)
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
- End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Debterioration Of Nations Social Security & Protection (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ (Category: Breaking News)
- Strategic Strides From A Strategy Guru: Prof Ajantha Dharmasiri (Category: Breaking News)
After running out of reserves, Sri Lanka intervened and sterilized to mis-target rates with borrowed dollars
- Sri Lanka continues to soft-peg in May intervening in both directions (Category: Breaking News)
- Sri Lanka runs BOP deficits on borrowed money (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Thailand currency crisis’ central bank policy error explained to Sri Lanka (Category: Breaking News)
[…]The post “Saving” The Economy appeared first on Colombo Telegraph.
- RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- A Child’s Guide To Modern Monetary Theory: Keynesianism In An Old Bottle? (Category: Breaking News)
- A Child’s Guide To Modern Monetary Theory: Keynesianism In An Old Bottle? (Category: Breaking News)
- A Child’s Guide To Modern Monetary Theory: Keynesianism In An Old Bottle? (Category: Breaking News)
[…]The post Ranilnomics: Learning Nothing, Forgetting Everything appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- A Tale Of Two Addendums & Ekwa Negitimu Miscarriage (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
[…]The post Go Set A Watchman appeared first on Colombo Telegraph.
- Qualified Candidates Essential For System Change (Category: Breaking News)
- Chasing The Mirage Of National Reconciliation (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Musings On A New Constitution (Category: Breaking News)
Survey reveals deep-rooted Mercantilism and total lack of classical economics
- Sri Lanka needs political stability, fiscal measures for IMF deal: CBSL union (Category: Breaking News)
- Sri Lanka continues to soft-peg in May intervening in both directions (Category: Breaking News)
- Sri Lanka non-oil imports down in March 2022 as soft-peg collapses (Category: Breaking News)
- Sri Lanka halts imports of over 300 items (Category: Breaking News)
The Monetary Board, with the concurrence of the Minister of Finance, has promoted Mrs. K M A N Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL). Mrs. K M A N Daulagala has over 31 years of service at […]
- Central Bank appoints new deputy governor (Category: Breaking News)
- Beware, Investors May Get “Sakvithified” / “Golden Keyed”! (Category: Breaking News)
- Monetary Board members term must be limited like for bank directors (Category: Business)
- New Governing Board of CBSL takes office (Category: Breaking News)
[…]The post Are The IMF & Ranil Wickremesinghe Neoliberal? appeared first on Colombo Telegraph.
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Country Has Fallen Due To The Socialist Thinking (Category: Breaking News)
- Collective Consciousness Of Sri Lankans – Is It Constructive Or Destructive (Category: Breaking News)
- Elections & Economic Recovery (Category: Breaking News)
[…]The post Economic Crimes & The Challenge Of Community Medicine Practitioners appeared first on Colombo Telegraph.
- Dimming Prospects Of International Assistance As Confidence In Erodes (Category: Breaking News)
- Government Leaders Need To Analyse Problems More Rationally (Category: Breaking News)
- Government Leaders Need To Analyse Problems More Rationally (Category: Breaking News)
- Government Leaders Need To Analyse Problems More Rationally (Category: Breaking News)
This currency crisis and banking crisis were originated firstly by policy mis-management from the central bank
- Sri Lanka needs quick fiscal reforms, political stability: Central Bank union (Category: Breaking News)
- Sri Lanka needs political stability, fiscal measures for IMF deal: CBSL union (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- Sri Lanka will have to come of crisis through own efforts: PM (Category: Breaking News)
[…]The post Ranil’s Debt Driven Growth Strategy appeared first on Colombo Telegraph.
- Futility Of “Ranilnomics” Without Systemic Change (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- RW’s National Policy & National Council (Category: Breaking News)
The people who raised their hands when these policies were made are now blaming us
- School officials demand end to cuts (Category: USA, South Carolina)
- Federal Way cuts tax to raise more money (Category: USA, Washington)
- More cuts in $100m GST black hole (Category: South Australia)
- OPEC+ agrees voluntary oil production cuts (Category: Breaking News)
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
- Sri Lanka’s Central Bank to hold rates as inflation stays high (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
By Dr UPUL WIJAYAWARDHANA On Friday 23rd, the British Chancellor of the Exchequer was billed to present a mini-budget, but what he actually did took everyone by surprise, as it was a budget and half! It was full of tax cuts including the reduction of the basic rate of income tax from 20% to 19%, […]
- Sri Lanka balances polls and crisis recovery in 2024 budget deliberations - report (Category: Breaking News)
- Budget, Taxation Turmoil and Policy Blunders – Part II (Category: Breaking News)
- Sri Lanka aims to streamline tax structure, boost collections - Treasury Secretary (Category: Breaking News)
- Govt plans Revenue Authority to monitor underperforming IRD, Excise dept, Customs (Category: Breaking News)
The Central Bank of Sri Lanka co-hosted the CBSL-ADBI-APAEA Online Macroeconomics Conference for the third consecutive year, in collaboration with the Asian Development Bank Institute (ADBI) and the Asia-Pacific Applied Economics Association (APAEA), on 23 September 2022. This year’s theme remained
- Central Bank Governor optimistic about IMF approval for Sri Lanka’s second tranche of extended f... (Category: Breaking News)
- Discourse on economic crisis in Lanka at CSR (Category: Breaking News)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Bill presented to make Central Bank independent (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
[…]The post A Common Perspectival Framework For A Center-Left Re-Groupment & Revival appeared first on Colombo Telegraph.
- SLPP Survival Depends On Shift To Dullas, Rejecting Ranil & The Rajapaksas (Category: Breaking News)
- Pohottuwa’s Suicidal Plunge (Category: Breaking News)
- The Coming Firestorm & How To Get Rid Of Gota (Category: Breaking News)
- May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Part II appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
[…]The post Ranil-SWOT: A Reappraisal appeared first on Colombo Telegraph.
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Is Ranil Creating The 2nd Batalanda? (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
[…]The post Child’s Guide To How Ranilnomics Should Be Designed & Implemented appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance (Category: Breaking News)
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