debt

Sri Lanka should set up professional debt management unit: Academic
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Taken from - DailyMirror By Nishel Fernando As Sri Lanka increasingly indicates characteristics of a debt trap scenario, an academic urges the government to consider setting-up a professional debt management unit to manage the debt efficiently. “A typical debt trap...
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GET REAL with Mahieash Johnney | Episode 08 | #TheNumbersGame
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Taken from Ada Dearana 24 A discussion on the up coming Presidential election. We ask the question whether in a crowded candidate field can any candidate surpass the required 50% + 1 vote threshold? And in case they cannot then...
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Next Hambantota? Welcome to the Chinese-funded US$1.4 billion Port City Colombo in Sri Lanka
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Taken from - Sunday China Morning Post When the sun goes down, Galle Face Green – the seaside urban park south of the financial district of Colombo, Sri Lanka’s capital – fills up with life. As makeshift stalls selling everything...
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Sri Lanka needs a professional debt management office-Dr. Nishan de Mel
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Taken from News1st Written by Staff Writer The Annual Budget seminar organized by the Institute of Chartered Accountants of Sri Lanka was held in Colombo this morning (March 09). Chief Executive Officer of Verité Research, Dr. Nishan de Mel stressed...
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Foreign debt vulnerability and indebtedness to China
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Taken from The SundayTimes The country’s external financial vulnerability is the most serious economic concern. Although the country is able to meet its massive debt repayment obligations of over US$ 5 billion this year, by further borrowing that would enhance...
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Sri Lanka seeks regional bailout as balance of payments crisis looms
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Colombo looks to India and China for financial assistance and renegotiates with IMF Taken from Nikkei Asian Review Image courtesy of Reuters MARWAAN MACAN-MARKAR, Asia regional correspondent COLOMBO -- Sri Lanka is turning to key Asian allies for a financial...
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Chinese loans not main source of debt trap, says think tank
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Taken from Daily Mirror Funds borrowed through ISBs at higher rates outweigh loans from China ISB debt growth caused by shift from concessional debt to commercial debt  Price of debt  more crucial than quantity of debt- Verité Research By Shabiya...
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