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Tag: Sri Lanka

Posted on November 25, 2023

Sri Lanka is proof that governments use IMF bailouts to hurt political opponents

M Rodwan Abouharb, The Conversation & Bernhard Reinsberg, The Conversation Sri Lanka received a bailout from the International Monetary Fund in March amid soaring inflation, debt and a sovereign …
Posted on November 25, 2023

Sri Lanka is proof that governments use IMF bailouts to hurt political opponents

M Rodwan Abouharb, The Conversation & Bernhard Reinsberg, The Conversation Sri Lanka received a bailout from the International Monetary Fund in March amid soaring inflation, debt and a sovereign …
Posted on November 25, 2023

Sri Lanka needs permission from India to develop Trinco oil tanks: Minister

ECONOMYNEXT – Sri Lanka is trying to find a way out of a clause which allowed India to block petroleum development in Trincomalee, according to an agreement signed on a tank farm, Energy Minister …
Posted on November 25, 2023

Sri Lanka needs permission from India to develop Trinco oil tanks: Minister

ECONOMYNEXT – Sri Lanka is trying to find a way out of a clause which allowed India to block petroleum development in Trincomalee, according to an agreement signed on a tank farm, Energy Minister …
Posted on November 25, 2023

The second installment of Sri Lanka’s bailout was delayed. The country hopes it’s coming in December

The governor of Sri Lanka’s Central Bank says he is confident it will receive the second instalment of a $2.9-billion bailout package from the International Monetary Fund before the end of the year.
Posted on November 25, 2023

Sri Lanka, EU sign €15mn agreement to promote circular economy in food sector

The Sri Lankan government and the European Union (EU) have signed a financing agreement to promote a circular economy and sustainable consumption and production in the food sector …
Posted on November 25, 2023

Former Masterchef Australia Judge Talks About The Culinary Extravaganza Awaiting In Sri Lanka!

The renowned Celebrity Chef and former judge of MasterChef Australia, Gary Mehigan, engaged in a brief online discussion ahead of his h …

( read original story …)



Posted on November 25, 2023

EMERGING MARKETS-Markets dip; investors parse Sri Lanka’s surprise interest rate cut

Hamas start first Gaza ceasefire * GS raises Turkey terminal interest rate forecast * Sri Lanka central bank cuts rates by 100 bps unexpectedly * Stocks, FX on track to eke out marginal weekly gains * …

( read original story …)



Posted on November 25, 2023

Why policy rate hikes fail to cool inflation in Bangladesh but worked in Sri Lanka

While global central banks have effectively curbed inflation through policy rate hikes, the Bangladesh Bank’s efforts over the past year have been hampered by an ineffective transmission mechanism, …
Posted on November 25, 2023

Sri Lankan SEP/IYSSE meeting calls on working class to intervene to stop Israel’s genocide in Gaza

The Colombo meeting is a part of a series of meetings in Sri Lanka, as well as around the world by the International Committee of the Fourth International (ICFI), to build an international anti-war …

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