Economy in Sri Lanka

concessional financing
Concessional Financing Is Not without Controversy – Report
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Published in the Sunday Observer Explicitly evaluating whether loans are concessional or adverse considering the combined consequence of the grant element and cost escalation on the tied element/unsolicited proposal would be advantageous for Sri Lanka.  By contrast, at present only...
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Government urged to take pragmatic view on debt management
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Published in The Island By Sanath Nanayakkare If Sri Lanka has the right policy mix to effectively carry on with its debt rollover and to maintain a surplus in its current account, the country can demonstrate that it has entered...
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Quality Development for Quality Growth and Quality Life
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Published in -DailyNews The year 2021 marks the 70th Anniversary of the San Francisco Peace Conference in which the late former President (then Finance Minister) J.R. Jayewardene made a historic speech supporting Japan’s cause after the World War II, quoting...
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Govt. should focus on reserve quality: Former CB Chief
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Published in DailyFT   Former Central Bank Governor Dr. Indrajit Coomaraswamy   Warns overreliance on swaps and inter-governmental financing could create more problems down the road  Acknowledges current challenges but says strategy needed to deal with debt for next five...
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Urgent need for multifaceted approach to counter gender-discriminatory labour laws
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Published in DailyFT The Advocata Institute’s panel discussion on “Gender discriminatory labour laws in Sri Lanka” took place at the Taj Samudra Longdon Room on 5 March. Panelists at the discussion were Minister of Justice M.U.M. Ali Sabry, Former Department...
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The Chinese ‘debt trap’ is a myth
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Published in -DailyNews China, we are told, inveigles poorer countries into taking out loan after loan to build expensive infrastructure that they can’t afford and that will yield few benefits, all with the end goal of Beijing eventually taking control...
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Budget proposals need to be feasible; Nishan De Mel
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Taken from News1st Budget Proposals advertised in the budget are not implemented because they were not seen as feasible, Verité Research Economist, Nishan De Mel said. De Mel, highlighted the importance of budget proposals to be implemented with detailed estimates...
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Economist urges need for credible fiscal roadmap
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Taken from DailyMirror Sri Lanka would need to demonstrate the return to a credible fiscal path, a transition the country would have to make before the next debt repayment that is due mid this year by shoring up government revenue,...
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Need for prudent ministerial portfolio allocation urged for better public finance management
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Taken from DailyMirror As Sri Lanka is gearing up for a parliamentary election, economists are stressing on the need to allocate ministerial portfolios in a more prudent manner so that the public finance management, amongst other areas, does not get...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from DailyMirror Successive governments have failed to come up with a citizens’ budget that entails the necessary insights for the public to understand the viability of the proposals made and to break this recurring inefficient cycle, economic think tank...
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