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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » POST COVID19 - SRI LANKA'S ECONOMIC REVIVAL

POST COVID19 - SRI LANKA'S ECONOMIC REVIVAL

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samaritan


Moderator
Moderator
After successfully bringing the pandemic under control to the envy of world's powerful nations, Sri lanka charts its course to an early economic recovery and growth. It's similar to post tsunami recovery which took place in double quick time than everyone expected. Sri Lanka is known for its resilience!
Early policy interventions position Sri Lanka for post-COVID-19 growth: Central Bank report
http://www.xinhuanet.com/english/2020-07/01/c_139181057.htm


India reiterates support for Sri Lanka for post-COVID revival
http://www.ft.lk/news/India-reiterates-support-for-Sri-Lanka-for--post-COVID-revival/56-702449


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The biggest risk in life is not taking any risk at all.

Promoney and Triump like this post

samaritan


Moderator
Moderator
If it was the Green Party rule, RW would have been recognised by the WHO, EU etc for successfully overcoming the pandemic followed by IMF & World Bank forecasting a quick recovery of Sri Lanka's economy giving a green signal for FDIs. But unfortunately they do not want to recognise the present Govt for the pains taken to virtually eradicate the corona threat. This can be clearly seen by EU not granting entry visa for Sri Lankans but allowing citizens of countries which are still grappling with Covid19 recording high death rates.

Sri Lanka is a victim of double standards clearly manifested by aforementioned  Organisations & Western nations. The govt should take a bold decision to align with nations that had helped us in the past and focus on developing the nation.


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Kipling


Expert
Expert
Samaritan 
2 consecutively red. 
Please explain. 
With TB rates crashed & policy rate cut on the way should have been solid green.

samaritan


Moderator
Moderator
Foreigners exiting JKH could be one of the reasons.


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xhunter

xhunter
Moderator
Moderator
@samaritan wrote:Foreigners exiting JKH could be one of the reasons.
IMO current indices are bit higher, it should further drops 200 points. that is where it should settle. 
then local investors absorbing power will increased by 10%.

samaritan


Moderator
Moderator
@samaritan wrote:If it was the Green Party rule, RW would have been recognised by the WHO, EU etc for successfully overcoming the pandemic followed by IMF & World Bank forecasting a quick recovery of Sri Lanka's economy giving a green signal for FDIs. But unfortunately they do not want to recognise the present Govt for the pains taken to virtually eradicate the corona threat. This can be clearly seen by EU not granting entry visa for Sri Lankans but allowing citizens of countries which are still grappling with Covid19 recording high death rates.

Sri Lanka is a victim of double standards clearly manifested by aforementioned  Organisations & Western nations. The govt should take a bold decision to align with nations that had helped us in the past and focus on developing the nation.
It's reported in the local media that Sri Lanka not included in UK 'low risk' list in relation to Covid19.

This is like being in the biggest Cesspit and holding the nose!


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