2022 budget to achieve meaningful fiscal responsibility: Jayasundera
'Reserves to be buttressed with non-debt inflows'
De-link investments from loans
July a stressful month
'The national balance sheet is very scary because almost all districts are reporting non-communicable ... diseases'
Import substitution firms to benefit, essential goods may be neutral
Overnight rates highest since July 2020 rate cut but below ceiling rate
Trade gap up to May 2021 soars to 3.6bn, higher than the 3.2bn in 2019 with no import controls
"If we make the country organic we can earn 20 billion US dollars in two years." the minister said
US, UK, Germany leads
Action is ill-judged and un-acceptable says Finance Ministry
Low forex reserves
CB held T-bill stock sold down by Rs5.6bn after bill auction
Says authorities addressing concerns
"I mean if you look at what we are doing its absolute garbage"
#Restart21 (Episode 1) Kasturi Chellaraja, Hilmy Cader, Chanakya Dissanayake, and Kenneth De Zilwa
Credit growth driven by loans to state and SOEs
Green economy and vaccination among topics
Investment and intermediate goods 'permitted' by bureaucrats surge
Precautionary demand high in uncertainty
In March 2021 revenues recovered to Rs142bn, better than the 2019 level but spending went up to 308bn from 138.
At least 350mn for the rest of 2021
The EIB had offered to provide technical expertise and assistance to Sri Lanka in the sphere of green bonds.
"Vital that restrictions .... against the pandemic don't go beyond the legitimate protection of #PublicHealth
"There were many arguments and counter – arguments and opinions expressed at the meeting"
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