With the rupee continuing to devalue in other 5 years 40 rupees will look like 20 rupees
Expects GDP change to be between 0 to 2 percent
Acuity has a 500 person operation in Sri Lanka
"This is sometimes over-emphasized… but this ratio at 120 is a lot."
CashnetUSA.com reported that the channel has earned an estimated 962,386 US dollars since its inception.
If we do not bring revenues back to 2019 levels, foreign countries will not support us
Broiler meat prices collapse as price signals allowed to work without state interference
Sri Lanka is engaged with other official bilateral creditors to obtain similar assurances
Food prices down for the third month
Salaries will be paid on January 25
Advance payments are converted before goods are shipped at least by two banks
The monetary authority operates a peg at 360 to the US dollar through a surrender rule
Pakistan has seen its reserve fall from 17 to 4 billion US dollars over 12 months
China Exim Bank responds to Sri Lanka
Sri Lanka trade unions have started to protest against tax hikes; protesters warn of more agitation
His presence in Sri Lanka was testimony to Prime Minister Narendra Modi's Neighbourhood First policy, said Jaishankar.
India this week gave debt assurance to the IMF.
"I am confident that the gravity of the situation is realised by policymakers here,” Jaishankar said.
Bank repayments of foreign credits will reduce the current account deficit
Jaishankar is scheduled to meet President Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena and others.
“The US stands ready to assist SL to unlock IMF assistance when all creditors agree to fair and equitable treatment."
The financing and debt relief will be provided by the Export-Import Bank of India, said Mishra in his letter.
Fernando said tourism revenue in 2022 was 1.2 billion US dollars.
He had made no comment on banning women massaging men or vice versa, he insisted.
Manufacturing PMI was still below 50
The cabinet had also directed the Legal Draftsman to prepare a bill to set up an International Trade Office