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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » BREAKING NEWS -IMF HAS NOT IMPOSED ANY PRE CONDITIONS ON ITS ASSISTANCE TO SRI LANKA

BREAKING NEWS -IMF HAS NOT IMPOSED ANY PRE CONDITIONS ON ITS ASSISTANCE TO SRI LANKA

+3
SLBOY
worthiness
charith666lk
7 posters

Go down  Message [Page 1 of 1]

samaritan


Moderator
Moderator

IMF has not imposed any pre conditions on its assistance to Sri Lanka - Ravi K from washington.
(source: Lite FM News)

President to attend G7 summit in Japan, eye on attracting FDIs.
(Daily FT of today)

charith666lk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

thank you samaritan. Good news.

worthiness


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

It is very unlikely. No international agency loan out developing nations without certain economic targets placed to achieve. Simple example is to narrowing the fiscal deficit. To meet such targets required monetary policies are to implemented,

samaritan


Moderator
Moderator

worthiness wrote:It is very unlikely. No international agency loan out developing nations without certain economic targets placed to achieve. Simple example is to narrowing the fiscal deficit. To meet such targets required monetary policies are to implemented,
The news is being repeated on the hourly news of Lite FM. It specifically reiterates that there are NO PRE CONDITIONS as reported by RK. Anyway details should be out soon. Let's see.

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

samaritan wrote:
worthiness wrote:It is very unlikely. No international agency loan out developing nations without certain economic targets placed to achieve. Simple example is to narrowing the fiscal deficit. To meet such targets required monetary policies are to implemented,
The news is being repeated on the hourly news of Lite FM. It specifically reiterates that there are NO PRE CONDITIONS as reported by RK. Anyway details should be out soon. Let's see.

RK says No conditions on today but Tomorrow RW will say there is a one condition and Day after tomorrow MS might say there is a two conditions.... lol! lol! lol! lol!

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

scratch scratch scratch scratch scratch

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Recent actions of Ravi has convinced everyone to not to take his comments seriously.

samaritan


Moderator
Moderator

Today's Foreign Net Purchase amounted to 178 Million rupees.

nimantha80


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

samaritan wrote:Today's Foreign Net Purchase amounted to 178 Million rupees.
unusual behaviour of JKH is hard to understand.One day top outflow.Next day top inflow.

samaritan


Moderator
Moderator

nimantha80 wrote:
samaritan wrote:Today's Foreign Net Purchase amounted to 178 Million rupees.
unusual behaviour of JKH is hard to understand.One day top outflow.Next day top inflow.

True. The forthcoming G7 summit to be attended by President & Sri Lanka's positioning as a hotspot for FDIs are all positive news which should attract more foreign participation in the CSE.
At the same time they too try to fish in trouble waters. There will be steady inflows in the future.

samaritan


Moderator
Moderator

jayathu wrote:Recent actions of Ravi has convinced everyone to not to take his comments seriously.

In my oipnion there is a possibility of a lenient approach by the IMF against the backdrop of Sri Lanka's move to raise funds in the Chinese market thro' issuance of Renminbi denominated bonds at lower interest rates. Also, the probable FDIs in the future could place Sri Lanka's economy in a firm footing. Therefore, i take the comment seriously.

worthiness


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

No doubt that the government has been trying its best to attract foreign direct investment into the country. With improving international image towards Sri Lanka, there is a high chance of success. What country gravely in need of export oriented projects generating employment opportunities.

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

http://www.economynext.com/Sri_Lanka_aims_primary_surplus_in_2018_under_IMF_deal,_to_suspend_BOI_law__report-3-4775-1.html

samaritan


Moderator
Moderator

IMF assistance expected in 2 weeks time.
                                   -Dr.Harsha De Silva-

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