The Bloomberg Country Risk Score is a composite of 29 indicators representing financial, economic and political risks facing investors. Risk scores are calculated on a monthly basis.
Out of the above 29 indicators I am going to say about 3 indicators which were shown by a member with regard to Bluemberg report.
When you read the following you will realized a same report could be used to either create a good picture or bad one. This is how people could mislead the others.
In the report you will realized from the list Srilanka's reserve position 3.6%is much better than the following so called better countries in the world.
List goes on
This shows total foreign reserves (excluding gold) held by each country's central bank as a percentage of gross domestic product. They effectively act as a cushion against economic shocks, such as hyperinflation and currency depreciation, that could be triggered by external or internal events.
Srilanka's 5.2% is much better than
List goes on.
USA 4.9% just slightly better than Srilanka.
Take the Inflation
Srilanka's 5% is better than following countries.
South Africa 5.8%
Even Russia is 5%, India 4.7% just little better.
There seems to be members in this forum may be they are paid to create a negative picture.
They take everything which is unfavorable to Srilanka and comment. I am sure our members get scared and try to sell.
People say stock mkt indicates the economy of the country. During the previous regime when they started cse didn't do well. To show the economy was doing well there were some inflows to the country. May be part of the robbed money and with this they also wanted to convert black money to
As soon as this Govt came into power some of those foreign funds started leaving. May be to show the negative picture.
Also there are guys who are manipulating to support the prev regime.
Look at the CSE companies. Most of them have done much much better during last 2 years than the previous regime. Country situation is much better than previous. Look at the media freedom, Law and order, Income level of the people ETC. Salaries were increased. Disposable income level increased. Consumption level increased. Srilankan compaies are doing well.
But the prices have come down.PER have come down from 18 to 13
Look at the daily transactions. Spending just a fraction of monies robbed from srilanka they are manipulating.
Seems to be a very big group of people are behind. Srilanka should take action like what China did in 2016.