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No takers in Sri Lanka for IFC’s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
‘s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
Sri Lanka rebels recruiting fewer child soldiers
Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. The recruitment pattern of the rebel Liberation […]
Clean Deals
CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house gas emissions of industrial countries by five percent by 2012 is wooing emerging economies to trade what are called carbon credits and help industrial countries meet targets. CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house […]
Damn It
Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of maintenance according to a former boss of irrigation.Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of […]
Foreign aid donors under human rights fire over Sri Lanka killings
Peace broker Norway and nations which promised Sri Lanka three billion dollars in tsunami aid were Tuesday accused by an international human rights group of not using their financial clout to halt a string of killings.Peace broker Norway and nations which promised Sri Lanka three billion dollars in tsunami aid were Tuesday accused by an […]
Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country
Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. In March industrial exports fell, reversing a trend of rising double-digit growth. In […]
Uneasy calm grips Sri Lanka’s troubled town
An uneasy calm gripped Sri Lanka’s troubled port city of Trincomalee as Buddhists Monday celebrated a key anniversary amid protests over a Buddha statue in the region, police and residents said.An uneasy calm gripped Sri Lanka’s troubled port city of Trincomalee as Buddhists Monday celebrated a key anniversary amid protests over a Buddha statue in […]
‘s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country
Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. In March industrial exports fell, reversing a trend of rising double-digit growth. In […]
Kenyan tea production drops nearly four percent in first quarter 2005
NAIROBI, May 23 (AFP) – Kenya, one of the world’s largest tea exporters, suffered a nearly four percent drop in production in the first quarter of 2005 due to poor weather conditions, the Tea Board of Kenya (TBK) said Monday. In the first three months of the year, tea production fell by 3.79 percent (3,300 […]
Problem Child
Last week’s Development Forum discussed challenges faced by the economy and governments policy to deal with them. Last week’s Development Forum discussed challenges faced by the economy and governments policy to deal with them. Donors were encouraging the government to setup a mechanism to deliver Tsunami aid to Northeastern areas including those controlled by the […]
Sri Lanka started a push for budget support loans while presenting an economic plan to donors at the development forum last week in Kandy
Sri Lanka started a push for budget support loans while presenting an economic plan to donors at the development forum last week in Kandy.Sri Lanka started a push for budget support loans while presenting an economic plan to donors at the development forum last week in Kandy. The push came as the president gave an […]