Sri Lanka's only national business newspaper | Daily FT
网页IFC takes up 14.73% stake in Sunshine Healthcare for Rs. 3.27 b. Monday, 7 October 2024 04:29. The World Bank’s private sector investor arm, the International Finance Corporation (IFC), has acquired a 14.73% stake in Sunshine Healthcare Lanka ..
India and China key for Sri Lanka’s full recovery | Daily FT
网页7 小时之前 · In the final analysis both India and China can play a key role in Sri Lanka’s sustainable recovery and long-term economic stability, given their strategic investments, historical ties, economic influence and political influence in the region. Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
Charting Sri Lanka’s future: A political economy blueprint for next ...
网页2024年9月26日 · Background The newly elected President Anura Kumara Dissanayake in the National People’s Power manifesto has promised among other things to bring the country out of the current political and socio-economic crisis and make Sri Lanka prosperous. Rich countries have achieved material well-being with new technological developments while developing countries have yet to attain decent livelihoods.
Institute of Policy Studies Chief advocates fiscal austerity measures
网页4 小时之前 · To prevent such an occurrence, she advocated fiscal austerity measures stating that, “While austerity hurts, but for a country in default, options are very limited and this is the practical way in ensuring the Government’s finances are sustainable in the long-run.”. Dr. Weerakoon also emphasised the country’s constrained policy options ...
Political rupture in Sri Lanka: What lies ahead? | Daily FT
网页2 天之前 · Dissanayake has said previously that there was “no point continuing with a parliament that is not in line with what the people want”.5 Dissanayake has a daunting task ahead of him. Sri Lanka defaulted on its debt and suspended payments on around $ 78 billion (£ 59 billion) in foreign and domestic loans in 2022, which triggered the worst ...
Fitch signals Sri Lanka politics positive | Daily FT
网页2 小时之前 · The IMF forecasts Sri Lanka’s gross general Government debt/GDP ratio to decline only gradually to about 103% of GDP by 2028, from about 116% in 2022, after building in a local- and foreign-currency debt restructuring. The Government’s revenue/GDP ratio remains low, but the effects of several revenue …
Upbeat President Ranil Wickremesinghe shares vision for …
网页Thursday, 12 September 2024 02:56 - - 236. President Ranil Wickremesinghe gestures during the special “Daily FT-SC Securities Market Pulse”joint initiative interview by Daily FT Editor and CEO Nisthar Cassim yesterday - Pic by Ruwan Walpola. Investors are first looking at post-election stability, after which we will implement the Economic ...
Sri Lanka Tourism confident of ending 2024 with 2.3 m arrivals
网页2024年8月20日 · Sri Lanka Tourism officials on Friday expressed confidence of 2024 achieving the targeted 2.3 million arrivals based on robust year to date performance and provided favourable conditions prevail in the forthcoming winter season. Last week, year to date tourist arrivals crossed the 1.2 million mark …
Sri Lanka’s next leader: can make or break the nation
网页2024年9月18日 · As Sri Lanka prepares for its upcoming Presidential election, the stakes have never been higher. In 2022, the country faced an unprecedented economic crisis that brought the nation to a standstill, marked by fuel shortages, soaring inflation, and widespread protests. Since then, the country has taken steps toward stabilising the economy, but much remains to be done. This election is not just ...
Beyond recovery: new book offers Sri Lanka a roadmap to …
网页2024年9月6日 · Leading experts provide policy proposals to shift Sri Lanka’s trajectory from debt to growth ahead of crucial elections; As Sri Lanka gears up for pivotal Presidential elections on 21 September, a timely new book, “Sri Lanka: from debt default to transformative growth”, provides a comprehensive roadmap to propel the nation beyond economic stabilisation and into a future of sustainable ...