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KPMG DEPUTY GLOBAL CHAIRMAN POSITIVE ON SRI LANKA'S OUTLOOK

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samaritan


Moderator
Moderator

Q: If you look at the current situation in Sri Lanka, how does the country compare globally?

A: 
We believe is that there is an enormous opportunity in Sri Lanka, where there is plenty of potential and well educated people, and an economy that has tremendous potential for growth. It is a country many of our global clients have a keen interest in. I also must highlight that geographically it is very well placed. 

http://www.ft.lk/article/550207/KPMG-Deputy-Global-Chairman-positive-on-Sri-Lanka-s-outlook

jayathu


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

I dont knw what the hell is going on and what to believe. 

Moody downgraded us and this bugger saying positive outlook. 

Biggest joke was yesterday at the parliament where FM challenged Auditor general report. This idiot was the one who signed on it and submitted those docs to the parliament with his annual report. So that means he didn't go through the docs before he submitted into the parliament. He only found out after someone from JVP raised the question at the parliment. 
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=147403  
apparently they have exceeded borrowing limit lu but no one knows. No one knows now who's figures are right. Is't finance ministers figures which he hasn't stated yet , CB figures or auditor general report Figures.

samaritan


Moderator
Moderator

jayathu wrote:I dont knw what the hell is going on and what to believe. 

Moody downgraded us and this bugger saying positive outlook. 

Biggest joke was yesterday at the parliament where FM challenged Auditor general report. This idiot was the one who signed on it and submitted those docs to the parliament with his annual report. So that means he didn't go through the docs before he submitted into the parliament. He only found out after someone from JVP raised the question at the parliment. 
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=147403  
apparently they have exceeded borrowing limit lu but no one knows. No one knows now who's figures are right. Is't finance ministers figures which he hasn't stated yet , CB figures or auditor general report Figures.
Moody's downgrading is based on factors existing at a particular point in time. With capital inflow as envisaged by the Govt and narrowing of BOP this can change.

Even the USA is warned by the IMF over high poverty & inequality.
http://timesofindia.indiatimes.com/world/us/IMF-warns-the-US-over-high-poverty-inequality/articleshow/52870989.cms

RK & AG issue is the result of inappropriate people being appointed to responsible positions under the so called Yahapalana Govt.

samaritan


Moderator
Moderator

 Headquartered in the Netherlands, KPMG provides accounting, consulting, tax and legal, financial advisory, and assurance services from more than 820 locations in more than 159 countries across the globe.
One can imagine the number of conglomerate companies as their clients worldwide. 

Sponsored content



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