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Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
- Oman-Sri Lanka Relations As Seen By Diplomat O.L. Ameer Ajwad (Category: Breaking News)
- Iran, Sri Lanka stress enhancing banking, trade ties (Category: Breaking News)
[…]The post A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt appeared first on Colombo Telegraph.
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
- A Child’s Guide To Fiscal Literacy: Low Literacy At All Levels Is The Curse (Category: Breaking News)
[…]The post 182 Experts Call For Debt Cancellation But Private Investors Play Hardball appeared first on Colombo Telegraph.
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
[…]The post Economics Of Poverty & Poverty Of Politics appeared first on Colombo Telegraph.
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
[…]The post The Retold South Korea Success Story: How Should Sri Lanka Emulate It? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- A Child’s Guide To Prema-Chandra Athukorala Chinthana On Import Substitution (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
by Rajan Philips President Wickremesinghe has a charming or annoying way, depending on who is listening, of switching between flippancy and seriousness no matter what the occasion is. Addressing the Sri Lanka Economic Summit 2022, an annual event organized by the Ceylon Chamber of Commerce, with ‘Resetting from turmoil to opportunity’ as this year’s theme, […]
- The Next 25 Years: From Where Will The Economy Takeoff & Where Will It Land? (Category: Breaking News)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
[…]The post The Next 25 Years: From Where Will The Economy Takeoff & Where Will It Land? appeared first on Colombo Telegraph.
- The next 25 years: How will the economy takeoff and how will it land? (Category: Breaking News)
- New Year Questions & Dilemmas (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
- Ranil’s Debt Driven Growth Strategy (Category: Breaking News)
BY DR. Asoka Bandarage On September 1, 2022, debt-trapped Sri Lanka reached a preliminary agreement with the International Monetary Fund (IMF) for a 48-month Extended Fund Facility of $2.9 billion, which hardly covers the country’s outstanding debt, nor its immediate survival needs. Nevertheless, IMF structural adjustment requires the country to meet its familiar debt restructuring […]
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- Surpassing neoliberal fictions towards mission-oriented state (Category: Breaking News)
- Godahewa sounds alarm over attempts to privatise profitable Insurance Corporation (Category: Breaking News)
- Govt to conclude most SOE sales by August; Srilankan by Sept (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
[…]The post From Crisis Prime Minister To Put Down President appeared first on Colombo Telegraph.
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Aragalaya In Israel, IMF In Sri Lanka (Category: Breaking News)
- Post-Budget Politics & Presidential Options (Category: Breaking News)
[…]The post RW’s Oracle For Peace, Stability & Growth appeared first on Colombo Telegraph.
- RW Summons Youth For Economic Marathon (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- Ranil’s One Policy Framework, Debt & The System (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- 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: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
by Rajan Philips Ranil Wickremesinghe is the third President to sequester the finance portfolio instead of assigning it as an exclusive portfolio to a cabinet minister, but he is the first, perhaps after Ronnie de Mel, to prepare and author most or the entirety of the budget speech. He is also the first leader of […]
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- SJB will support NCM against Ranil (Category: Breaking News)
- PTA unconstitutional, says TNA (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 RW’s Rocky Road To Export Driven Valhalla appeared first on Colombo Telegraph.
- Warning Signal To RW’s Transformation Agenda (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
- RW’s Budget Of Hopes & Politics (Category: Breaking News)
- RW’s Oracle For Peace, Stability & Growth (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)
[…]The post Politics Beyond 22 appeared first on Colombo Telegraph.
- A Tale Of Two Addendums & Ekwa Negitimu Miscarriage (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Pohottuwa’s Suicidal Plunge (Category: Breaking News)
- A Year In Cloud Cuckoo Land (Category: Breaking News)
[…]The post Executive Presidency – A Wretched Profile Of A Nation appeared first on Colombo Telegraph.
- 117th Birth Anniversary & Long Legacy Of JR Jayewardene (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Is Unelected President Ranil A Vicious Hypocrite? (Category: Breaking News)
- Which Way Civil Society & The Democratic Resistance? (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 Ranil’s Budget Crisis & Ibn Khaldun appeared first on Colombo Telegraph.
- RW’s Budget Of Hopes & Politics (Category: Breaking News)
- RW’s Rocky Road To Export Driven Valhalla (Category: Breaking News)
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- A Budget In Crisis (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 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)
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