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Indian billion dollar credit line also works Undiyal fashion
Central bank gets ACU dollar to peg and also force purchase dollars through a surrender rule to prevent a float
[…]The post Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves appeared first on Colombo Telegraph.
Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
Sampath Bank PLC announced the appointment of veteran international banker and risk management consultant Hiran Cabraal as Non-Executive, Independent Director to its Board of Directors, with effect from 30th June 2022. With a rich and diverse experience and a proven 34-year international track record in leadership roles, Hiran Anthony Cabraal brings with him a wealth […]
By N Sathiya Moorthy Unending sporadic incidents of targeted killing in which vehicle-bound gunmen take out individuals on the streets across the Sinhala South, unthinking mismanagement of the distribution of available fuel among emergency staff in hospitals and elsewhere reported from across the country, and such other episodes, day in and day out have created […]
London [UK], June 24 (ANI): The Democratic Forum (TDF) during a seminar discussed the politicisation of water and referred to the need for China to take responsibility for developing a more consensual approach to water in the Himalayan region. “China refuses to participate in multilateral forums surrounding transport boundary water use; instead, it negotiates through […]
[…]The post Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work appeared first on Colombo Telegraph.
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
[…]The post Wizards Of Original Sin appeared first on Colombo Telegraph.
It is through open market operations that money is printed to mis-target interest rates
[…]The post The Senseless Killing Of 19A By 21A! appeared first on Colombo Telegraph.
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
Duty-free complex by the fourth quarter
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
[…]The post A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? appeared first on Colombo Telegraph.
Tradition in MB is to reach decisions by consensus. If one member disapproves, it isn’t carried
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards 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.
[…]The post A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn’t? appeared first on Colombo Telegraph.
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board appeared first on Colombo Telegraph.
[…] The post JVP + FSP + … = Way Forward appeared first on Colombo Telegraph.
[…] The post Delayed IMF Assistance & The Fertilizer Ban: President Rajapaksa’s “Two Mistakes” That Pauperized Sri Lanka appeared first on Colombo Telegraph.