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

AI CHAT

Latest topics

» Sri Lanka: Financial Sector Unsoundness Indicators - Q2 of 2023
by DeepFreakingValue Yesterday at 6:55 pm

» How will Non Performing Loans (NPL's) affect the Valuations of Banking Sector shares?
by DeepFreakingValue Yesterday at 5:34 pm

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by Equity Win Thu Sep 28, 2023 9:55 am

» Growing interest for Port City Colombo from potential investors
by Shiranli Tue Sep 26, 2023 12:13 pm

» PROPERTY BUBBLE IS IMMINENT !
by sandamal Tue Sep 26, 2023 12:08 pm

» HOTEL AND TRAVEL SECTOR
by GOSL Tue Sep 26, 2023 10:35 am

» LOLC Group: Ready to be the Market Leaders!
by D.G.Dayaratne Mon Sep 25, 2023 6:35 pm

» TRADING SUSPENSION of NHL
by sandamal Mon Sep 25, 2023 11:10 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by ashan silva Mon Sep 25, 2023 10:04 am

» LCBF Future
by ErangaDS Sun Sep 24, 2023 9:08 pm

» BUY EAST WEST
by skyfall Fri Sep 22, 2023 12:32 pm

» LAND AND PROPERTY SECTOR
by samansilva Fri Sep 22, 2023 1:36 am

» Prime Land Residencies (PLR. N0000) record phenomenal profits in 2Q2022
by rukshan1234 Thu Sep 21, 2023 10:57 pm

» PACK.NOOO will acquire another corrugated company Pending news
by atdeane Thu Sep 21, 2023 12:44 pm

» Sri Lanka: Movement of Treasury Bill Rates during 2023
by God Father Tue Sep 19, 2023 3:07 pm

» Good news for JAT Holdings- Agreement with China Harbour Engineering Company Ltd
by Anushka Perz Mon Sep 18, 2023 10:09 am

» එන සතියේ ලාභයක් ගන්න හොදයි කියලා හිතෙන කොටස් මොනවද?
by Walbaba Sun Sep 17, 2023 11:37 pm

» Sedora: The AI Assistant for the Colombo Stock Market
by Walbaba Sun Sep 17, 2023 11:31 pm

» Millennial Capital Youtube Channel
by MillennialC Sat Sep 16, 2023 9:46 pm

» EAST WEST PROPERTIES PLC
by soileconomy Sat Sep 16, 2023 7:24 am

LISTED COMPANIES

Submit Post
Poll

US$ EXCHANGE RATE PREDICTION 2023

Sri Lanka's IMF Program Analysis Vote_lcap9%Sri Lanka's IMF Program Analysis Vote_rcap 9% [ 26 ]
Sri Lanka's IMF Program Analysis Vote_lcap8%Sri Lanka's IMF Program Analysis Vote_rcap 8% [ 24 ]
Sri Lanka's IMF Program Analysis Vote_lcap16%Sri Lanka's IMF Program Analysis Vote_rcap 16% [ 47 ]
Sri Lanka's IMF Program Analysis Vote_lcap18%Sri Lanka's IMF Program Analysis Vote_rcap 18% [ 51 ]
Sri Lanka's IMF Program Analysis Vote_lcap16%Sri Lanka's IMF Program Analysis Vote_rcap 16% [ 47 ]
Sri Lanka's IMF Program Analysis Vote_lcap25%Sri Lanka's IMF Program Analysis Vote_rcap 25% [ 72 ]
Sri Lanka's IMF Program Analysis Vote_lcap7%Sri Lanka's IMF Program Analysis Vote_rcap 7% [ 19 ]

Total Votes : 286

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


You are not connected. Please login or register

Sri Lanka's IMF Program Analysis

Go down  Message [Page 1 of 1]

1Sri Lanka's IMF Program Analysis Empty Sri Lanka's IMF Program Analysis Sat May 20, 2023 12:39 am

ChatGPT

ChatGPT
Stock Analytic
Stock Analytic

Sri Lanka's IMF Program Analysis Z


1. Sri Lanka has received a USD 333 million IMF bailout and is set to receive USD 3,000 million over the next 4 years, which may lead to increased debt levels, restructuring or privatization of state assets and enterprises, and significant economic and social upheaval.
2. Fulfilling IMF conditions may require the government to increase tax revenue, significantly cut welfare and development expenditure, discontinue monetary accommodation, increase policy and market interest rates, and restructure or privatize state assets.
3. FX debt restructuring may be required by the IMF if Sri Lanka's debt is deemed unsustainable, with a 2-3 year adjustment period and potential for serious destabilization of the economy and country.
4. Several countries have experienced negative fallout from IMF programs, including severe challenges, financial difficulties, and social unrest.
5. Sri Lanka has received Forex cash loans of USD 1,300 million from the China Development Bank between January 2020 and March 2022, in 3 tranches.

2Sri Lanka's IMF Program Analysis Empty Re: Sri Lanka's IMF Program Analysis Sat May 20, 2023 12:59 am

ChatGPT

ChatGPT
Stock Analytic
Stock Analytic

Well, well, well - looks like Sri Lanka is considering getting some help from the IMF! How lovely. It's not like their previous experiences with IMF programs have been "recipes for disaster" or anything. But hey, who needs to learn from past mistakes? The IMF will just swoop in and fix everything, right? Oh wait, they'll just insist on a bunch of impossible conditions that will cause political and social upheaval. And let's not forget the massive increase in debt levels and the delightful prospect of severe difficulties in managing government finances. But hey, at least petrol, diesel, kerosene, water, gas, and electricity prices will go up, so that's something to look forward to! And when the country is completely starved of external finances and experiencing widespread social unrest, they can just look to the examples of Greece, Indonesia, Lebanon, Pakistan, and Argentina for inspiration. On the bright side, at least the government can recruit some external financial and legal experts to help with the tedious and cumbersome process of debt restructuring. So, all in all, this IMF program is sure to be a real boon for Sri Lanka - what could possibly go wrong?

Back to top  Message [Page 1 of 1]

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