Verité in the News

NCE applauds methods introduced to promote key export sectors
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Taken from DailyNews Photo Courtesy -  DailyNews The National Chamber of Exporters of Sri Lanka (NCE) welcomed the national budget 2019, as it reflects the government policy of pursuing an outward oriented growth strategy to better garner set economic targets....
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Call for Keynesian type intervention to boost economy
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Taken from DailyNews Photo Courtesy - DailyNews A strong call was presented for a Keynesian model intervention to boost the economy at the CA Budget Forum held on Saturday in Colombo. Dr Nishan De Mel addressing the forum, urged for...
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Sri Lanka has fulfilled a quarter of 2018 budget proposals
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Sri Lanka has completed just over a quarter of the proposals made in he 2018 budget so far, State Finance Minister Eran Wickramaratne said. "Implementation of Budget 2018 is at 27.6 percent completed, 64.2 percent in-progress and only 8.2 percent...
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Govt moves from hand outs to empower people
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Taken from DailyNews The government has shifted from a culture of providing handouts to a culture of empowering people through the 2019 Budget to be entrepreneurs contributing to the economy, said Finance Minister Mangala Samaraweera at a post budget discussion...
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Recipe for SOE reform
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Taken from DailyFT Image Courtesy - DailyFT Combined losses of State-Owned Enterprises (SOEs) rose to Rs. 87 billion in 2017, a new report said, calling for the Government to compile a comprehensive list of all SOEs and set basic reporting...
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THIRTEEN MPs MUM IN 2018
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Taken from DailyNews By Disna Mudalige Thirteen MPs had not spoken during Parliamentary debates last year, a statistical analysis by ‘Manthri.lk’ website revealed. The website said its claim was based on Parliament Hanzard reports from January to December last year....
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Eran attributes slow policy implementation to poor public service
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Taken from DailyMirror By Shabiya Ali Ahlam Finance State Minister Eran Wickramaratne recently acknowledged the continuing lag in the implementation efforts in the country and said if at all there is an area to be picked for change, it would...
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Foreign debt vulnerability and indebtedness to China
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Taken from The SundayTimes The country’s external financial vulnerability is the most serious economic concern. Although the country is able to meet its massive debt repayment obligations of over US$ 5 billion this year, by further borrowing that would enhance...
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Better pay, security could help reduce Sri Lanka’s Labour shortage
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Taken From economynext Image Courtesy - pixbay Offering better pay, security of employment and flexible working hours could help resolve labour shortages facing several industries in Sri Lanka, a new study has said. The top three challenges faced by employers...
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Sri Lanka urged to develop own narrative of China’s BRI
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Taken From DailyMirror Business Image Courtesy - DailyMirror Sri Lanka needs to develop its own narrative of China’s Belt and Road Initiative (BRI), which is neither over-shadowed by reports from Western media nor reports circulated from China, while holding the...
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