debt

Verité Research Offers Solutions for USD Liquidity Crisis
||
Published on The Sunday Times A private think tank institute in Sri Lanka has said Sri Lanka faces bigger challenges ahead in the management of its foreign exchange reserves. “Sri Lanka’s foreign reserve would be completely depleted by the end...
continue reading
Verité Research Pre-Budget Forum Offers Solutions for Forex Crisis, Presents Budget Proposals
||
Published on Daily Mirror Verité Research hosted the online discussion themed ‘Steering out of the Debt Crisis: Recipe for Budget 2022’ on October 14th. The event was anchored around addressing Sri Lanka’s debt and US dollar liquidity crisis, and featured...
continue reading
Verite shows how Lanka can achieve Sustainable Debt Dynamics
||
Published on The Island Verité Research, a private think tank that provides strategic analysis for Asia, hosted the online discussion Steering out of the Debt Crisis: Recipe for Budget 2022 on Oct 14. The event was anchored around addressing Sri Lanka’s debt...
continue reading
Court of Appeal to be Moved to get the CID Cracking into Ratwatte Inquiry
||
Published on CounterPoint  CID cover up feared Cabraalnomics and economists who predict the worst is still to come Nagging foreign reserve crisis The immediate need for preemptive debt restructuring The Committee for Protecting Rights of Prisoners (CPRP) will file a writ in the Court of Appeal for an...
continue reading
Verité Moots 8 – 10% VAT for % and 2022
||
Published on The Morning Advises to increase to 10-12% in 2023, 12-15% in 2024 Proposes to increase to increase(sic) excise tax on cigarettes and alcohol Makes more tax proposals on raising govt. revenue In view of the upcoming Budget 2022,...
continue reading
IMF or No IMF, Sri Lanka Needs Economic Analysis and Plan Going Forward
||
Published in The Island Whatever Sri Lanka decides about dealing with its debt and paying its way through the world, the country needs to formulate a very good economic analysis and a publicly-backed plan that will establishc credibility of the...
continue reading
Debt Default Danger: Alarmist or Imminent?
||
Published in The Morning LK Will the Government of Sri Lanka default on its obligations to service its mountain of debt over the next couple of years, including two bond repayments of a total of $ 1.5 billion due in...
continue reading
CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community
||
Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...
continue reading
Sri Lanka Needs Medium and Long Term Plan to Overcome Debt Crisis
||
Published in The Sunday Times Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised. Verite Research...
continue reading
Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit
||
Published in The Sunday Times Importers continued to fret this week with containers–many of them holding inputs for export manufacturing–held up because dollar-strapped Sri Lankan banks were slow in settling payments with the sellers’ banks abroad. “I bring in raw...
continue reading