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1262 results found in 2016 ms
Page 12 of 43
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
The country has lost several hundred thousand jobs to Covid-19. The impact of the agrochemical ban on agriculture, the mismanagement of the exchange rate, a highly accommodative monetary policy, and the use of foreign exchange reserves for debt repayment thwarted the country’s ability to recover from the initial shock of COVID-19, an ILO study titled, […]
Japan, one of Sri Lanka's main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo's envoy to the country said on Friday.The post Japan to support Sri Lanka’s debt restructuring negotiations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Japan, one of Sri Lanka’s main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo’s envoy to the country said on Friday. Reaching an agreement with creditors is key to Sri Lanka securing a […]
A meeting was held with the minister and other stakeholders on September 06
Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japan, to restructure and repay nearly $30 billion that it owes.The post Sri Lanka set to begin talks to restructure debt of $30 Billion appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Aiming to establish control and authority over global politics, China’s upcoming naval base in Cambodia could be the latest example of establishing and fulfilling Beijing’s hegemonic interests in Southeast Asia. Both China and Cambodia took the first steps on a Beijing-funded upgrade of the Ream Naval Base in the southern part of the country. The […]
of the economy to individually import necessary fuel quantities, was challenged in the Supreme […]
Consumer inflation in Sri Lanka accelerated to 70.2% in August,the statistics department said on Wednesday, as the island nation reels under its worst economic crisis in decades.The post Sri Lanka inflation rate surges to 70.2% in August appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Critics of the party have claimed that the party is trying to quietly sow public scepticism about the deal
[…]The post How We Came To This Pass – On The “Non-Rule Of Law System” appeared first on Colombo Telegraph.
The week ended on September 15 saw 1027 suspected dengue cases reported in 23 districts
Investor sentiment has turned buoyant after IMF comments
Sri Lanka's economy shrank 8.4% in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages during the nation's most severe financial crisis in more than seven decades.The post Sri Lanka’s economy shrinks 8.4
India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters, as the island’s battered economy starts to stabilise after a preliminary loan agreement with the IMF. India has been the biggest provider
Shares have been on the rise mainly on positive sentiment after the IMF comments.
India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters, as the island's battered economy starts to stabilise after a preliminary loan agreement with the IMF.The post India plans no more funding for Sri
Agriculture contracted 8.4 percent, industry 10 percent and services 2.2 percent.
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
Market sees over 600 million rupees of net foreign inflow
Market saw net foreign inflow for the 18th session in the last 21.
[…]The post Unholy Silence Of Holies appeared first on Colombo Telegraph.
A visiting U.S. diplomat on Sunday urged Sri Lankan authorities to tackle corruption and introduce governance reforms alongside efforts to uplift the country’s economy as a way out of its worst crisis in recent memory.The post USAID head urges crisis-hit Sri Lanka to tackle corruption appeared
[…]The post Ranil-SWOT: A Reappraisal appeared first on Colombo Telegraph.
Market has seen 5.52 billion in foreign outflow in last 19 sessions
Bank marks 25 years in business
Market sees continuous net foreign buying in the last 10 sessions
Day's turnover hits over 7-month high; foreign inflows hit highest in 3 years
[…]The post Aragalaya’s Unfinished Business appeared first on Colombo Telegraph.
Imports fall as financial account inflows dry up