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By N Sathiya Moorthy Now that President Ranil Wickremesinghe has promised to table the IMF bail-out documents in Parliament on 25 April, there will be some relief for citizens wanting out of the meaningless politico-electoral speculation of the time. It could well be back to a more serious discourse on the economy, economic recovery – […]
- Bangladesh gives Sri Lanka more time to repay $200 million loan (Category: Breaking News)
- Three leading international firms offer advice to Sri Lanka (Category: Breaking News)
- IMF says time frame for Sri Lanka bailout remains uncertain (Category: Breaking News)
- Sri Lanka hopeful of completing debt restructuring in six months (Category: Breaking News)
By Shamindra Ferdinando The International Monetary Fund (IMF) owed an explanation as regards the recent government declaration that domestic debt restructuring was part of the programme implemented in terms of Sri Lanka’s agreement with the lending agency, top Opposition spokesperson Prof. G.L. Pieris, MP said yesterday (10). Having repeatedly assured that domestic debt wouldn’t be […]
- Opposition slams govt. over domestic debt restructuring (Category: Breaking News)
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
Wednesday 5th April, 2023 There have been substantial reductions in fuel prices, and they will go a long way towards tackling inflation. The economy is said to be showing some signs of recovery, but more trouble is apparently brewing for the hapless Sri Lankans, who are struggling to keep the wolf from the door. Now, […]
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- Finance State Minister discloses Sri Lanka s debt status in Parliament (Category: Breaking News)
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
Speech made November 22 I have consistently recorded my opposition to Minister of Finance being the President. From 2010 onwards in this House, whenever the President in his capacity as Minister of Finance has presented a budget I have recorded that protest and I wish to record that today as well. When a person who […]
- Reconstitution of COPE, COPA in limbo (Category: Breaking News)
- BASL: If 21A fails, that will adversely affect future law reform initiatives (Category: Breaking News)
- Interim Budget passed (Category: Breaking News)
- GL: Govt. not concerned about corruption despite Geneva warning (Category: Breaking News)
The Employees Provident Fund (EPF), the largest social security scheme in Sri Lanka, has suffered massive losses due to the investments made in listed and unlisted companies, a new report compiled by the Auditor General s Department revealed.
Fear of a DDR/IFR event drive rates even higher
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka’s Central Bank Governors should be restrained by law, not given independence (Category: Breaking News)
- Sri Lanka will have to print money unless taxes are raised: CB Governor (Category: Breaking News)
By Sirimatha Rathnasekera The Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) will lose about 600 billion rupees during the proposed domestic debt structuring, Co-Convener of the JVP affiliated National Trade Union Centre (NTUC) Wasantha Samarasinghe claimed. Samarasinghe
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- Inland Revenue and Appropriation Acts to be amended in line with debt restructuring (Category: Breaking News)
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- Sri Lanka President revises budget amid inflationary blow off (Category: Breaking News)
Currency depreciation inflates an economy and imposes a 'hair cut' on domestic debt by reducing purchasing power
- Sri Lanka 3-month Treasuries yield up 107bp, not all offered bills sold (Category: Breaking News)
- Sri Lanka’s Commercial Bank profits up 73-oct in March 2022 quarter (Category: Breaking News)
- Sri Lanka rejects bids for 2025 bonds, some 2029 bonds sold (Category: Breaking News)
- Sri Lanka Treasuries auction fails over re-structuring fears (Category: Breaking News)
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
- Did The NOCPCO Fail To Install A Trip Switch Before Releasing Prisoners? (Category: Breaking News)
- Is Post-Crisis Essential Reforms Being Effectively Progressed? If Not What Is The Way Forward? (Category: Breaking News)
- Mr. President, Dawn Of The New Year Is The Time For Reflection & To Redress Citizens Grievances ... (Category: Breaking News)
- Draft Anti-Corruption Law; Urgently Required Additional Law Reforms: An Open Letter To Minister ... (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
[…] The post Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed appeared first on Colombo Telegraph.
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
[…] The post Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed appeared first on Colombo Telegraph.
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
[…] The post Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed appeared first on Colombo Telegraph.
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
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