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Latest on IMF and debt restructuring- II

By Jayampathy Molligoda Further to my article published in ‘The Island’ recently, IMF Executive board has just approved the EFF arrangement for Sri Lanka at its meeting held on 20th March ‘23. In the meantime, our Ministry of Finance and the Central Bank of Sri Lanka (CBSL) in consultation with the financial advisory group hired […] ....

Sri Lanka , Jayampathy Molligoda , Ministry Of Finance , Central Bank , Clifford Chance , Public Debt ,

The Maloni factor in Italy and Europe

By D S KANG Liberals the world over have expressed serious concern about Giorgia Maloni’s seismic victory in the Italian elections, her expected elevation as the first far-right PM of the country since World War Two and its long-term implications for Italy as well as the rest of Europe. The far-right ideologies blended with neo-fascism […] ....

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SJB's dilemma – The Island

Saturday 6th August 2022 President Ranil Wickremesinghe and SJB Leader Sajith Premadasa were scheduled to meet yesterday for talks on an all-party government. The SJB is in a dilemma. It is faced with the prospect of losing more MPs to the UNP, which is emerging stronger unexpectedly. Some SJB MPs have already broken ranks, and […] ....

Sri Lanka , Sri Lankan , Ranil Wickremesinghe , Nandalal Weerasinghe , Jayampathy Molligoda , Exchange Control , Governor Of The Central Bank , Central Bank , Prime Minister ,

Dollars and conscience

Friday 5th August 2022 Sri Lanka’s struggle to shore up its crumbling economy continues, and there are no signs of promised foreign assistance materialising anytime soon. The Cabinet has just retained the services of some foreign firms for external debt restructuring, which is one of the main conditions for the IMF bailout package. When the […] ....

Sri Lanka , Sri Lankan , Ranil Wickremesinghe , Nandalal Weerasinghe , Jayampathy Molligoda , Exchange Control , Governor Of The Central Bank , Central Bank , Prime Minister ,