FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Latest Financial Status and Future Outlook of SMB Finance PLC
by ChatGPT Yesterday at 11:15 pm

» Latest Financial Status and Future Outlook of Overseas Realty PLC
by ChatGPT Yesterday at 11:00 pm

» Latest Financial Status and Future Outlook of Merchant Bank of Sri Lanka & Finance PLC
by ChatGPT Yesterday at 10:55 pm

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Yesterday at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Yesterday at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Real UNP Era begins - market should go

+2
worthiness
Chinwi
6 posters

Go down  Message [Page 1 of 1]

1Real UNP Era begins - market should go Empty Real UNP Era begins - market should go Sat Jan 07, 2017 3:57 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

හම්බන්තොට ගිණියම් වෙයි.. දහස් ගණනක් විරෝධයේ.. ගුටි කෙලි.. පොලිස් කදුළු ගෑස්, ජලප‍්‍රහාර.


අක්කර 15000ක් චීනයට ලබා දීමට එරෙහිව අද හම්බන්තොටදී පැවති ජනතා විරෝධතාවයට එරෙහිව කටයුතු කිරිමට කොළඹින් ගොස් සිටි කිහිප දෙනෙකු හම්බන්දතොටදී එම ජනතාව විසින් අල්ලා ගස් බැද ඇති බවට තොරතුරු වාර්තා වෙයි.

අක්කර 15000ක් චීනයට දීමට එරෙහිව අම්බලන්තොට නගරයේදී ටයර් පුළුස්සමින් ජනතාව විරෝධතාවයේ යෙදී තිබේ. නගරය පුරා ගිනි ඇවිලී තිබූ අතර පොලිසිය විසින් කදුළු ගෑස්, ජල හා බැටන් ප‍්‍රහාර එල්ල කල බව විරෝධතාකරුවෝ කියති.

එම තත්වය මැද අගමැති රනිල් වික‍්‍රමසිංහ මහතා දැඩි ආරක්‍ෂාව මැද පැමිණ සමරු පළකය නිරාවරණය කලේය.

රැකියා 100 ක් දැනටමත් නිර්මාණය වෙලා..
ඒ මේ සමරු ඵලකය දිවා රෑ ආරක්‍ෂා කිරීම සඳහා 100දෙනෙකුගෙන් යුක්තව ඇරඹෙන  "සමරු ඵලක ආරක්‍ෂක හමුදාව​" ට ලු.  

Real UNP Era begins - market should go 15940633_10211481704982518_8285398804050988125_n

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

In compliance with right to have information bill, terms & conditions in regards to the deal with China are to be transparent to public.
This has to be discussed lengthily in parliament allowing to express others' opinions. Apparently major activities launched by the government in the year 2017 move wrong direction. Whatever news published are to be authenticated of its real situation.

chamil1


Manager - Equity Analytics
Manager - Equity Analytics

මාමි වගේ කුහකයන් ඉන්නකන් රට දියුණු කරන්න අමාරු තමයි

4Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sat Jan 07, 2017 10:11 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Rajapakses mortgaged country to China - debts cannot be liquidated even by repayment for generations' -Mahinda Amaraweera

-Protests are provoked to sacrifice innocent lives!
Real UNP Era begins - market should go Mahinda_Amaraweera_press

(Lanka-e-News -06.Jan.2017, 11.30PM)    The  loan taken from China to build the Hambantota Port (white Elephant ) has driven  the country has into unbearably huge debts  so much so the nation has to repay the loan installments   and interest thereof for many generations , and even  then there is no guarantee that the loan can be liquidated , minister of fisheries and water resources development  Mahinda Amaraweera revealed. 
 
In the year 2016 , Rs. 8640 million was paid . At the end of 2017 , Rs. 9350 million has to be paid . In 2018 , Rs. 9950 million will have to be paid .The minister furnishing details said , in 2019 , Rs. 17360 million ; in 2020 , a sum of Rs.  17060 million ; In 2012 , Rs. 17910 million ;in 2023 , Rs. 17400 million ;in 2024, Rs. 16910 million ;and in 2025 , Rs. 12290 million have to be paid.

The minister made these most  shocking exposures when addressing a media briefing held on the 4 th at  the ministry of fisheries. This media briefing was organized  to explain and elucidate  the latest situation in regard to the Hambantota Port and the Hambantota  Industrial zone .
Explaining further , the minister commented as follows : 
The Hambantota Port will not be sold to China by this government . No such agreements have been signed.  Such an agreement has not been brought to the attention of even to  the ministry Board. But one thing is certain because of the colossal loan taken to build the Hambantota Port , the whole country has been mortgaged to China .
Consequent upon the loan taken to construct the Hambantota Port , the country is obliged to make the following payments …
Rs. 8640 million representing loan installment plus interest thereof in 2016
Rs. 9350 million has to be paid by end of 2017
Rs. 9950 million in 2018
Rs. 17360 million in 2019
Rs.17060 million in 2020
Rs.16650 million in 2021
Rs. 17910 million in 2022
Rs.17400 million in 2023 
Rs. 16910 million in 2024
Rs.12290 million in 2025 

In other words this staggering debt burden  cannot be cleared by our people even via  repayment for generations.
How is so much money going  to be collected to repay this colossal debt? When Mattala Airport and Hambantota Port were being begun the plans did not practically work out . The jobs expected to be generated also did  not materialize. In the least even I did not get a job in the Port. 
Therefore if we are to repay this huge debt burden , we will have to impose more and more taxes. The country cannot progress that way. This was why the government after having discussions with the Chinese government , a joint Chinese – Sri Lanka program was decided , to carry out three projects under the Chinese government aid. 
China has expressed its consent to take over the Hambantota Port , Mattala Airport and the ever breaking down Norochhcholai coal power plant and go ahead. 
Even to construct the Norochcholai coal project , a massive loan has been raised. The repayment of that loan is as follows :
Rs. 17640 million was paid in 2016
Rs. 26870 million must be paid in 2017
Rs. 27180 million must be  paid in 2018
Rs. 34290 million must be  paid in 2019
Rs. 16650 million must be  paid in 2020 
Rs. 16350 million must be  paid in 2021
Rs. 16070 million must be  paid in 2022
Rs. 15780 million must be  paid in  2023
Rs. 15500 million must be  paid in 2024
Rs. 14060 million must be paid in 2025
    
By 2025 , the amount that will have to be paid to the Chinese government for the loan taken will be Rs. 343.86 Billion ! This is hard cash , not cashew nuts or Jak fruit seeds. Yet the country did not gain out of this commensurate with the colossal loans taken in keeping with the expectations. 

Some are propagating malicious and false stories about the Hambantota Port and the proposed Hambantota Industrial zone. They are circulating stories that because of this project , 15000 acres of land belonging to the people are going be acquired, and people in their ancestral lands will be evicted in order to sell those to the Chinese.
  
These stories are absolutely untrue  because 15000 acres of bare  land cannot be found  anywhere  in Hambantota . Only there are bare lands 2000 or 3000 acres in extent. It is such lands that will be used for this Industrial project.  

I spoke with president and on his instructions held discussions with Prime Minister and the cabinet in this connection .They explained clearly  it is only bare land and waste lands in Hambantota which will be used for the project. It has also been decided to utilize bare  lands in Embilipitiya and Matara.
Therefore the stories afloat that people will be  evicted and their lands are going to be sold to the Chinese are baseless and false. I am one who  was born and also had my schooling in Hambantota . Besides , every weekend I am in Hambantota. Any day I die my body too will become part of the soil of Hambantota . Hence I know very well about the lands available in Hambantota .
Some mischief makers under the pretext of false protests are seeking to sacrifice human lives at the altar of selfish gains , according to reports .There is a group trying to stage protests and create conflicts deliberately with the police and the forces . After they are summoned , they want to deliberately risk the lives of innocents . Thereafter carry the dead bodies on their shoulders in order to create violence and a volatile situation in the country .
In the circumstances I request the public not to fall prey to these conspiracies. As  in the past so in the future it will be the people who will suffer.

5Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sat Jan 07, 2017 10:32 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

chamil1 wrote:මාමි වගේ කුහකයන් ඉන්නකන් රට දියුණු කරන්න අමාරු තමයි

අපි වගේ හිතන අය  ඉන්න කං  දියුණු කරන්න බෑ නේද  ?

රටක් දියුණු කරන්න නම් හිතන්න ඕන කොහොමද      ?

දැන් අන්කල් එක්ක මේක ගැන වාද කරමු ද ?


මේ දුර දිග නොබලා ගොන් කතා වමාරන රජය කියනව අක්කර 15,000 ක් චීනට දෙනවලු.
චීනත් ගන්නව ලු.
ඔන්න මම සිතියම පෙන්වනව​.  

දැන් කියන්න බලන්න චීන මෝඩ ද අපි මෝඩ ද ?
මම කියන්නෙ චීන මේ මෝඩ රැලව අන් දනව​.

ඔන්න සිතියම බලන්න​.


Real UNP Era begins - market should go 15000a10


මේ අය රට දියුණු කරන්න යන ප්‍රදේශයේ අක්කර 15,000 හෙවත් වර්ග කිමී 60 ගෙඩි පිටින් කොහෙන් ද දෙන්න තියෙන්නෙ  ?

පහසුව සඳහා අක්කර 15,000 / ව​.කිමී 60 වෘත්තයක් ඇන්ද මේ සිතියමේ.

දැන් කොහෙන් ද දෙන්නේ. එකටම නොවුනත් පොඩි පොඩි කැබලි සිය ගානක් වශයෙන් නොවෙයිනේ දෙන්න වෙන්නෙ.

දැන් ගිහින් ගූගල් මැප් Zoom කරල ගම් ඇතුලටම ගිහින්  බලන්න​. මේ හැම තැනම ගෙවල්, පාරවල්, මහා වාරි ජලාශ හා දෙකන්නයේ පැහෙන කුඹුරු.
වන ජීවී ප්‍රදේශ කොහොමත් දෙන්න බෑ.  
අනිත් ප්‍රදේශ බොහොමයක් මහජන මුදල් බිලියන් ගණන් වැය කරල දැනටම value add කරපු ආදායම් ලබන  ඉඩම් හා පන්සල්, පාසල්, පල්ලි , රෝහල් හැදුන ජන පද්ධතීන් ව්‍යාප්‍ත උන ප්‍රදේශ​.

හිස් ඉඩම් නැත්තෙ නෑ. ඒත් අක්කර දසදාස් ගනන් එක ප්‍රදේශයක නෑ.   ඕන නම් අක්කර 500 -1000 -2000 බැගින් තැනින් තැන දෙන්න පුලුවන් වෙයි.  ඒත් එම තදාසන්න ප්‍රදේශ වල ජනතාව ගේ අවබෝධය ඇතුව​.
මොකද  හිස් ඉඩම් ගත්තත්  රුහුණේ කිරි හදන ගව පට්ටි හිමියන් ගේ දහස් ගණන් ගවයන් හා කිරි කර්මාන්තයත් නැත්තටම නැති වෙනව​. දැනටත් ඉඩම් සීමා වීම නිසා එම ගැටලුව මිණී මරා ගන්න තරම් රත් වෙමින් තියෙනව​.  ඒක පාලකයින් දන්නවද දන්නෙ නෑ .

ඉතින් මේවගේ මාරාන්තික ජන ශුද්ධයක් දාල දෙන ඉඩම් වලට පිටරට ආයෝජකයන් එයිද  ?
ඒ තැනට රට ගෙන ආවත් ඒ දක්වා අහිමි වන ජීවිත හා සියලු දේ ගැන මේ රජයේ ඉන්න පුස් / නාකි මොළ වලට හිතන්න ශක්‍තියක් තිබේද  ?
මේ රජයේ ඉන්නෙ කලින් හිටපු යූඑන්පී මොළ නොවේ. පුස් කාපු මොළ​. උන්ට මේව හිතන්න බෑ.
මම මේ ගැන හිතන සැක කරන සමහර​ දේවල් එලිපිට ලියන්න බෑ.  මම හිතන්නේ මේ මෝඩයන් ව කඩේ යවනව චීනා.

එතකොට මෙය කරන්නම බැරිද ?

පුලුවන්.
ඒ මුලින් අවම ජන දේපල හානියක් වන අක්කර 1500 ක් 2000 ක් වගේ තෝරා ගෙන එහි සංවර්ධන කටයුතු සඳහා මුදා හැරීමෙන්. එවිට පලාතේ ජනතාව ට එමගින් ලැබෙන සහන , වන් දි මුදල්, රැකියා හා පලාතේ   ඉහල දියුණුව නිසා  එන නව අවස්ථා  සමග මේ ක්‍රියාවලිය ගැන විශ්වාසයක් ගොඩ නැගිය යුතුයි. ඉන්පසු තව අයෝජන සඳහා තව​ ඉඩම් අවශ්‍ය නම් ඒවා රටේ කැළඹිලි ඇති නොවන ආකාරයට හා රටට අවම හානියක් වන ලෙස  අදට වඩා පහසුවෙන්  මුදා හැරිය හැකියි.

 දකුණේ මිනිස්සුත් එක්ක නිරපරාදේ හැප්පෙන්න යාම  රට සමාජය ගැන නොදැනුවත් කමේ මෙන්ම මෝඩ උද්දච්ච කමේ ලක්‍ෂනයක්.

ගියේ රෝයල් ද ආනන් දෙද මහමූකලන් යායෙ කණීෂ්ටෙට ද කියන එක අද මිනිස්සුන්ට වැඩක් නෑ.

6Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sat Jan 07, 2017 10:38 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

6 places assign. no need to worry.

kuhaka kama athhariya yuthui........

rata diyunu unoth api hamatamai. ethakota UNP, SLFP, pohottu, TNA, JVP okkomallatamai.

7Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sun Jan 08, 2017 12:44 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Yahapalanaya wrote:

Rajapakses mortgaged country to China - debts cannot be liquidated even by repayment for generations' -Mahinda Amaraweera







-Protests are provoked to sacrifice innocent lives!
Real UNP Era begins - market should go Mahinda_Amaraweera_press

(Lanka-e-News -06.Jan.2017, 11.30PM)    The  loan taken from China to build the Hambantota Port (white Elephant ) has driven  the country has into unbearably huge debts  so much so the nation has to repay the loan installments   and interest thereof for many generations , and even  then there is no guarantee that the loan can be liquidated , minister of fisheries and water resources development  Mahinda Amaraweera revealed. 
 
The minister made these most  shocking exposures when addressing a media briefing h...... .
[
Rs. 8640 million representing loan installment plus interest thereof in 2016
Rs. 9350 million has to be paid by end of 2017
Rs. 9950 million in 2018
Rs. 17360 million in 2019
Rs.17060 million in 2020
Rs.16650 million in 2021
Rs. 17910 million in 2022
Rs.17400 million in 2023 
Rs. 16910 million in 2024
Rs.12290 million in 2025 

In other words this staggering debt burden  cannot be cleared by our people even via  repayment for generations.

Even to construct the Norochcholai coal project , a massive loan has been raised. The repayment of that loan is as follows :
Rs. 17640 million was paid in 2016
Rs. 26870 million must be paid in 2017
Rs. 27180 million must be  paid in 2018
Rs. 34290 million must be  paid in 2019
Rs. 16650 million must be  paid in 2020 
Rs. 16350 million must be  paid in 2021
Rs. 16070 million must be  paid in 2022
Rs. 15780 million must be  paid in  2023
Rs. 15500 million must be  paid in 2024
Rs. 14060 million must be paid in 2025
    
 





දැන් ඔන්න බලන්න මේ රජය  මිනිස්සුන්ව රවට්ටන හැටි.

රාජපක්‍ෂ මිලියන් ගණන් ණය අරන් ලු. තමන්ට කරගන්න බැරි ඒකලු. මෙන්න 2025 වෙනකම් ගෙවන්න වෙන මහා ධනස්කන් ධය කියල  පෙන්වනව​.

මේ පචෝරිස් ල ඒ එක්කම අපෙ ආදායම පෙන්නුවෙ නැත්තෙ ඇයි ?


2017 දී   වරාය ණය මිලියන් 9350 ක් ගෙවන්න වෙනවලු.
නොරොච්චෝලේ ට මිලියන් 20,870 ක් ගෙවන්න ඕන ලු. ලැජ්ජ නෑ. අද ජලාශ හිඳිල ලයිට් දෙන්නෙ නොරොච්චෝලෙ හදපු නිසා.

පොඩ්ඩක් බැලුවොත් 2017 පිටරට සේවය කරන අයගෙන් රටට එන ගාන​.
ඩොලර් මිලියන් 7440  යි.= රුපියල් මිලියන් 1,123,000 .

(monthly avr $620 )

මහ ලොකුවට මැරෙන්න හදන 2017 වරාය ණය 9350 / 1,123,000 = 0.83 % !
පිටරට සේවය කරන අය එවන සල්ලි වලින් 1% ක් වත් යන්නෙ නෑ ලබන වසරේ වරායෙ ණය ගෙවන්න​.

නමුත් කොහොමද බිල්ල මවල පෙන්වන්නේ ?

ඔන්න මෙතන තමයි මේ අය ආපු දා ඉඳල ​ඇණ ගත්තෙ.  රටට කරන බොරුවේ ඒ අයම ගිලෙනව​. තමනුත් හිතන් ඉන්නව තමන් කියන බොරුව ඇත්ත කියල​.  ඉතින් ඒකෙම ගිලී ගිලී යනව​.  මෝඩයෝ.


බොරුවෙන් බලය ගත හැකියි, නමුත් ඒ බොරුවලින් රට පාලනය කලනොහැකියි.



The  loan taken from China to build the Hambantota Port (white Elephant ) has driven  the country has into unbearably huge debts , cannot be liquidated even by repayment for generations -Mahinda Amaraweera ! Razz

8Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sun Jan 08, 2017 12:58 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Rs 680 Billions has to pay as interest for next year.

at the same time Rs 178 Billions paying foreign loans.

we are taking rs 450 Billions foreign loans.

SLDBs - 1.8 Billions USD mature this year.

we should ready for Macro economic condition also. some funds can be transfer into other countries. 

these are the real factors.

next year import should be nearly 21 Billion USD - 20*150
export should be around 11 Billions USD and expected tourism income around 4-4.5 Billions USD. foreign remittance around 7.5 Billions USD

2017 is good year for sri lanka. but still we dont know anything about Macro economy situation. 

nikan kuhaka kamata bai talk denna epa.

chamil1


Manager - Equity Analytics
Manager - Equity Analytics

Chinwi wrote:
Yahapalanaya wrote:

Rajapakses mortgaged country to China - debts cannot be liquidated even by repayment for generations' -Mahinda Amaraweera









-Protests are provoked to sacrifice innocent lives!
Real UNP Era begins - market should go Mahinda_Amaraweera_press

(Lanka-e-News -06.Jan.2017, 11.30PM)    The  loan taken from China to build the Hambantota Port (white Elephant ) has driven  the country has into unbearably huge debts  so much so the nation has to repay the loan installments   and interest thereof for many generations , and even  then there is no guarantee that the loan can be liquidated , minister of fisheries and water resources development  Mahinda Amaraweera revealed. 
 
The minister made these most  shocking exposures when addressing a media briefing h...... .
[
Rs. 8640 million representing loan installment plus interest thereof in 2016
Rs. 9350 million has to be paid by end of 2017
Rs. 9950 million in 2018
Rs. 17360 million in 2019
Rs.17060 million in 2020
Rs.16650 million in 2021
Rs. 17910 million in 2022
Rs.17400 million in 2023 
Rs. 16910 million in 2024
Rs.12290 million in 2025 

In other words this staggering debt burden  cannot be cleared by our people even via  repayment for generations.

Even to construct the Norochcholai coal project , a massive loan has been raised. The repayment of that loan is as follows :
Rs. 17640 million was paid in 2016
Rs. 26870 million must be paid in 2017
Rs. 27180 million must be  paid in 2018
Rs. 34290 million must be  paid in 2019
Rs. 16650 million must be  paid in 2020 
Rs. 16350 million must be  paid in 2021
Rs. 16070 million must be  paid in 2022
Rs. 15780 million must be  paid in  2023
Rs. 15500 million must be  paid in 2024
Rs. 14060 million must be paid in 2025
    
 





දැන් ඔන්න බලන්න මේ රජය  මිනිස්සුන්ව රවට්ටන හැටි.

රාජපක්‍ෂ මිලියන් ගණන් ණය අරන් ලු. තමන්ට කරගන්න බැරි ඒකලු. මෙන්න 2025 වෙනකම් ගෙවන්න වෙන මහා ධනස්කන් ධය කියල  පෙන්වනව​.

මේ පචෝරිස් ල ඒ එක්කම අපෙ ආදායම පෙන්නුවෙ නැත්තෙ ඇයි ?


2017 දී   වරාය ණය මිලියන් 9350 ක් ගෙවන්න වෙනවලු.
නොරොච්චෝලේ ට මිලියන් 20,870 ක් ගෙවන්න ඕන ලු. ලැජ්ජ නෑ. අද ජලාශ හිඳිල ලයිට් දෙන්නෙ නොරොච්චෝලෙ හදපු නිසා.

පොඩ්ඩක් බැලුවොත් 2017 පිටරට සේවය කරන අයගෙන් රටට එන ගාන​.
ඩොලර් මිලියන් 7440  යි.= රුපියල් මිලියන් 1,123,000 .

(monthly avr $620 )

මහ ලොකුවට  මැරෙන්න හදන 2017 වරාය ණය 9350 / 1,123,000 = 0.83 % !
පිටරට සේවය කරන අය එවන සල්ලි වලින් 1% ක් වත් යන්නෙ නෑ ලබන වසරේ වරායෙ ණය ගෙවන්න​.

නමුත් කොහොමද බිල්ල මවල පෙන්වන්නේ ?

ඔන්න මෙතන තමයි මේ අය ආපු දා ඉඳල ​ඇණ ගත්තෙ.  රටට කරන බොරුවේ ඒ අයම ගිලෙනව​. තමනුත් හිතන් ඉන්නව තමන් කියන බොරුව ඇත්ත කියල​.  ඉතින් ඒකෙම ගිලී ගිලී යනව​.  මෝඩයෝ.


බොරුවෙන් බලය ගත හැකියි, නමුත් ඒ බොරුවලින් රට පාලනය කලනොහැකියි.



The  loan taken from China to build the Hambantota Port (white Elephant ) has driven  the country has into unbearably huge debts , cannot be liquidated even by repayment for generations -Mahinda Amaraweera ! Razz


Compare Govt revenue VS money needed to pay back loans (not what you want to compare ). 


15,000 acres is anyway given from many areas and not only Hambanthota.  
http://www.rupavahini.lk/watch-rupavahini-last-48-hours.html

(7th Jan , 1pm-2pm slot will explain in the tone you understand)


Chinwi වගේ කුහකයන් ඉන්නකන් රට දියුණු කරන්න අමාරු තමයි

10Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sun Jan 08, 2017 7:18 am

predictor


Senior Equity Analytic
Senior Equity Analytic

Taking a Loan from a country is also as same as taking a loan from a Finance company/ Bank. They will look at the credit worthiness of the country before granting the loan and whether it could be recovered.

If we did not look at the feasibility at the time of taking the loan for the port it is the fault of srilanka.

If an individual take a housing loan to build a house in his own land and if he fails to pay the installment, the bank will take over the entire property including the land to recover their investment.

To safeguard our land there is nothing else srilanka could do. This is what UNP govt. did.
Is there a better option ????

China had done similar things to some other countries as well.

11Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sun Jan 08, 2017 8:29 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

predictor wrote:Taking a Loan from a country is also as same as taking a loan from a Finance company/ Bank. They will look at the credit worthiness of the country before granting the loan and whether it could be recovered.

If we did not look at the feasibility at the time of taking the loan for the port it is the fault of srilanka.

If an individual take a housing loan to build a house in his own land and if he fails to pay the installment, the bank will take over the entire property including the land to recover their investment.

To safeguard our land there is nothing else srilanka could do. This is what UNP govt. did.
Is there a better option ????

China had done similar things to some other countries as well.

Your explanation has some value.
That's why I intended to add my ideas.

I think what you have taken as the example is more fit for an individual person. But for a country with different sources of income and with plans with different timing you can go beyond that IF you want  and if you have a broader vision.

Balancing debt and repayment is more complex for a country.  You should not link income and outflow directly with each affair.  

I do not like to write further .

To indicate what I am trying to say...,

I worked for a company many years ago and they were big contractors  in a Airport building project. That country had one of biggest ap of the region but they were making a bigger one elsewhere.
Now 10 years gone, they are still operating old one as the main ap. They planned the next one for 20 year future needs. If they start building it now the cost will be much higher and create big burden on yearly budget.  They did main features first and will go for electronic and sophisticate items at later stages.
They obtained massive loans and repayment is done annually. Still they are not getting direct income from the new ap.  

If you analyse debt and yearly progress achieved in income generation in our country you will see we were not in red 2 yeas ago.  
If you deviate from an original plan due to natural cause or due to man made reasons then you may go into danger . Because you can reduce inflow but cannot reduce debt or commitments. Unfortunately , I think it is happening in this country.


This is how I think. Different people adopt different ways. Some do not take risks and take each item separately.  

China had done similar things to some other countries as well
 Correct.

thanks

12Real UNP Era begins - market should go Empty Re: Real UNP Era begins - market should go Sun Jan 08, 2017 5:22 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

An oppressive feeling of heavy force is very common against the rulers. Relative darkness or color of lightness is to be recognized free from prejudice.
Can we all value the facts meaningfully without irritation?

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum