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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.
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
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%, […]
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
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
[…]The post A Common Perspectival Framework For A Center-Left Re-Groupment & Revival appeared first on Colombo Telegraph.
The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world’s largest economy. The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Borrowing costs are […]
[…]The post Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Part II appeared first on Colombo Telegraph.
By Stella Yifan Xie HONG KONG—The sharp slowdown in China’s growth in the past year is prompting many experts to reconsider when China will surpass the U.S. as the world’s largest economy—or even if it ever will. Until recently, many economists assumed China’s gross domestic product measured in U.S. dollars would surpass that of the […]
[…]The post Ranil-SWOT: A Reappraisal appeared first on Colombo Telegraph.
[…]The post Child’s Guide To How Ranilnomics Should Be Designed & Implemented appeared first on Colombo Telegraph.
[…]The post Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do It? appeared first on Colombo Telegraph.
No sign of abolishing price controls
[…]The post Prelude To Elections appeared first on Colombo Telegraph.
[…]The post A Generational Shift To Face The Crisis In Sri Lanka appeared first on Colombo Telegraph.
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
[…]The post 600 Articles Over 11 Years: What Did They Tell The Reading Public & Policymakers? appeared first on Colombo Telegraph.
by Chandre Dharmawardana, chandre.dharma@yahoo.ca. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
[…]The post Ranil’s Biggest Woe: What To Do When Fiscal & Monetary Policies Have Failed & Are Still Falling? appeared first on Colombo Telegraph.
[…]The post Ranil Wickremesinghe: A Pimp Or A Prince? appeared first on Colombo Telegraph.
Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
British Politics and Ours Both Sri Lanka and the UK have experienced an unprecedented political upheaval of late. It is interesting that both leaders agreed to resign within a day of each other. Everybody else saw the ‘the end is nigh’ sign for quite a while. They didn’t or didn’t want to see it until […]
Global un-employment set to rise
[…]The post Impunity In Times Of Uncertainty appeared first on Colombo Telegraph.
[…]The post President Wickremesinghe, The Current Pohottuwa Government & The Way Forward – A Call From Citizens appeared first on Colombo Telegraph.
[…]The post Is Global Financial Crash Imminent in 2022? appeared first on Colombo Telegraph.
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 The Lost Revolution appeared first on Colombo Telegraph.