By Lynn Ockersz In bombed-out Kyiv, Homeless folk are in a huddle, Hunger gnawing their innards, Chill winds knifing their sad faces, Their once comfy cottages, Now just heaps of rubble, In mindless missile mayhem, Unleashed by tyrants, Driven by power hunger, But all this has ancient roots, In the birth of a certain babe, […]
Regular revelations, pertaining to high profile scams that had undermined revenue collection, underline the pathetic failure on the part of Parliament to ensure financial discipline. The Central Bank, five-member Monetary Board, Cabinet of Ministers and Parliament as an institution should accept the responsibility for the current crisis. The likes of Bandula Gunawardena continue to pursue […]
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The U.S. ambassador to Sri Lanka on Tuesday called for a "full and transparent investigation" into the police shooting of unarmed protesters in Rambukkana.
Daily Times
April 15, 2021
The Country Representative of International Monetary Fund (IMF) in Pakistan Ms Teresa Daban Sanchez has said that the Extended Fund Facility (EFF) to Pakistan is all set to achieve some major goals including revenue base fiscal sustainability.
It is being achieved through the strategy by removing exemptions and privileges, enhancing social and productive spending, coordination with provinces, and elimination of quasi-fiscal circular debt and SOE losses.
She said this during a keynote session with Dr Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute (SDPI) on Wednesday, said a press release.
Ms Sanchez added further on the occasion that the goals that are very important for the future direction of the country, also include a market determined and flexible exchange rate as well as the independent central bank with primary focus on price stability. Moreover, strengthening the social safety net to protect the most vulnerable