Easy Prey
Sri Lanka is just recovering from a bad bout of inflation. But inflation actually helps the Treasury balance its books, by boosting nominal revenues, …
All News
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Better Management
Top economic advisor to the Prime Minister Ajith Nivard Cabral says big government is possible despite the lack of Fiscal space. online pharmacy buy …
Sri Lanka’s daughter of destiny departs, reluctantly
Sri Lanka's President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents' party in …
Adopted Kids
US based AIG Insurance shed its Rs. online pharmacy buy diflucan with best prices today in the USA buy xifaxan online …
Déjà vu
Operating losses at the Ceylon Electricity Board is threatening to snowball to Rs. online pharmacy buy diflucan with best prices today in the USA buy …
Fighting cost push inflation with tight monetary policy
The debate over expansionary fiscal policy took a new turn with Finance Minister Sarath Amunugama making apparently contradictory statements in the …
Presidential Election 2005 : Outcome Revealed
The analysis appearing below is a sequel to the previous three scenario analysis. A re-cap of the three scenarios analyzed previously is as follows. …
Cutting the paper trail with electronic transactions
Cabinet this week cleared the long pending draft electronic transaction bill, intended to facilitate the use of modern communications and information …
Kuwait lends US$ 20 mn for post tsunami reconstruction
The Kuwait Fund will lend US$ 20 mn to Sri Lanka to strengthen tertiary education and build administrative infrastructure in tsunami affected areas. …
Sri Lanka acts to boost tourism revenue
Faced with a decline in tourist spending, Sri Lanka is trying to shift away from dependence on beach lovers and budget travelers and lure more …
Dutch Built
Sri Lanka’s northern most port – Kankesanturai will get a 45 million euro makeover courtesy of the Dutch government. online pharmacy buy spiriva …
Escape Route
Trying to squirm out of paying mounting subsidy bills, Treasury has told state oil giant Ceypetco that it is liable to pay its claims, only if it …
Dead End
Sri Lanka on Thursday scrapped plans to allow free incoming calls to mobile phones, despite phenomenon success among its Asian neighbours, the …
Secret Sauce
A US based venture capitalist says Sri Lanka has it own ‘secret sauce’ in the ICT arena and should use that to tap the US$ 100 billion global …
Tigers to let Tamils vote for Sri Lanka president
Sri Lanka's Tiger rebels will allow minority Tamils to vote in next week's presidential election, the guerrillas' proxies in parliament said …
Russians are paying more for a good cuppa,
Russians are paying more for a good cuppa, spending an average US$ 1.82 this year, up from US$ 1.69 in 2004. Asia Siyaka Commodity Brokers in its …
Budget 2006: Is it achievable?
The 2006 budget expects revenue to go up by 1.1 percent of GDP to 17.5 percent of GDP and the overall budget deficit to remain at 7.1 percent of GDP. …
Sri Lanka to change banking laws to mandate bigger credit to agro sectors
Sri Lanka plans to bring in changes to its banking laws before next March to mandate banks to double their agriculture lending portfolio, Treasury …
Sri Lanka’s peace chief quits amid deadlock in talks
Sri Lanka's top official handling the peace process with Tamil Tiger rebels resigned Wednesday ahead of presidential elections this month, a …
Elephants Walk Out
Sri Lankas main opposition party, the United National Party, took a sudden decision to boycott Tuesday budget, citing its a mere academicals …
How Amunugama nearly missed the bus
Finance Minister Sarath Amunugama nearly missed presenting the 2006 budget today after his staff got the time wrong and forced him to an inauspicious …
Milk & Honey
Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts. Treasury Secretary …
Download the 2006 budget speech here
The Freedom Alliance Govenment on Tuesday presented its second budget since coming into power after the snap April 2004 polls. buy ocuflox online …
Budget – losing its significance?
While the ‘pre Presidential poll’ budget is being sidelines as election propaganda, the country’s overall financial planning process is also …