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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Several powerful countries pledge fullest support to minimize Lanka’s debt burden

Several powerful countries pledge fullest support to minimize Lanka’s debt burden

+6
nirowat
killstock
Chinwi
bandulawee
samaritan
visvajith
10 posters

Go down  Message [Page 1 of 1]

visvajith


Equity Analytic
Equity Analytic

Several powerful countries pledge fullest support to minimize Lanka’s debt burden


http://www.dailymirror.lk/116481/Several-powerful-countries-pledge-fullest-support-to-minimize-Lanka-s-debt-burden-

samaritan


Moderator
Moderator

visvajith wrote:Several powerful countries pledge fullest support to minimize Lanka’s debt burden
This is great news and the market would respond with steady gains.
Several powerful countries pledge fullest support to minimize Lanka’s debt burden 1186355-Great-news-Businesswoman-recieves-great-news-on-the-phone-Stock-Photo

bandulawee


Manager - Equity Analytics
Manager - Equity Analytics

I don't see any of the West Countries coming out with any financial aid. They talk only of Humanitarian aid which is all bullshit. As I see they do not want a stable Sri Lanka because they are not sure whether we would lean towards China. IMF the lending arm of the West is squeezing us and want the government to implement the full VAT proposal burdening the people. Being prophets of good management preaching indirect taxes are bad they never proposed to the government to increase the corporate tax. We are screwed from all sides,

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

At least some people know that West wanted unstable poor country.
All done in the disguise of human rights, war crimes, minority rights , good governs , mara hora , Mr Clean image etc. were just parts of the strategy for their ultimate goal.
Our fools acted same as foolish Arabs and triggered downfall, handed over the country to daylight robbers and incapable , vision less robots. Now crying everywhere after realizing the consequences .

killstock


Equity Analytic
Equity Analytic

It is funny to see some people still going after previous regime when the corruption during that time had been exposed. The so called JO is fighting hard to get back to power because they are unable to recover the wealth they stole under different peoples names. Those people are refusing to give up what they got knowing that the JO is finished.
Sri Lanka need not go with begging bowl to West if not for irresponsible borrowing by the previous regime for disastrous  projects for image building and underhand commissions.

nirowat


Manager - Equity Analytics
Manager - Equity Analytics

Chinwi is loosing my vote by comments like this

Alchemist


Stock Trader

This chart from Central Bank Reports shows Sri Lanka's Debt to GDP Ratio from 1979 onwards. As would be seen, this ratio has dropped below 75% only from 2010 -2014 after 1979.
This confirms that there was no 'Debt Trap' when the 'Yahapalana Regime' took office.

Several powerful countries pledge fullest support to minimize Lanka’s debt burden Chart_10

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Fake 'Debt Trap ' billa created by Yahapalana robbers to fool the people and grab the power has turn back and  swallowing those who created it .

They could not go away -after the election victory- from the ugly illusion they created for political gain and eventually they fell in their own trap.  
 
Psalm 64:8 He will turn their own tongues against them and bring them to ruin; all who see them will shake their heads in scorn.


I think some uneducated leading fellows at top in this government still think we were actually in a Debt trap during the final years of the previous regime.  They are struggling badly with their own devil.

If you see the figures given by the Central Bank, quoted by Alchemist you can get the real picture. But, now it is too late.  

Ultimately the countrymen have to suffer  due to these frogs and incapable fools in yahapalana well.

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

Chinwi wrote:Fake 'Debt Trap ' billa created by Yahapalana robbers to fool the people and grab the power has turn back and  swallowing those who created it .

They could not go away -after the election victory- from the ugly illusion they created for political gain and eventually they fell in their own trap.  
 
Psalm 64:8 He will turn their own tongues against them and bring them to ruin; all who see them will shake their heads in scorn.


I think some uneducated leading fellows at top in this government still think we were actually in a Debt trap during the final years of the previous regime.  They are struggling badly with their own devil.

If you see the figures given by the Central Bank, quoted by Alchemist you can get the real picture. But, now it is too late.  

Ultimately the countrymen have to suffer  due to these frogs and incapable fools in yahapalana well.
 
chinwi janapathi karamu...

killstock


Equity Analytic
Equity Analytic

Can we rely on the Central Bank figures published during Cabraal's time. Not only CB all the statistics by Statistics Dept were manipulated.

Alchemist


Stock Trader

These figures of Debt to GDP ratios were taken from the 2015 Central Bank Report published when Arjuna Mahendran was the Governor.

worthiness


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

International financial institution scrutinizes the data & its reliability before loans granted as they set up certain criteria to meet in executing loan agreement. 
Major drawback of the previous regime is the spending most of funds for infrastructure development not diverting certain % for the development of export industries. 
Loss on TB issue, loss making state enterprises & continuing corruptions have aggravated further the financial implications. 
Most of pledges offered from powerful western countries turn to be gimmicks placing unacceptable terms & conditions at the end. Eventually all burdens to be sadly shouldered by tax payers.

nirowat


Manager - Equity Analytics
Manager - Equity Analytics

Alchemist, or should I say Chinwi can you quote or show the source for the pretty jpg ?

Alchemist


Stock Trader

nirowat wrote:Alchemist, or should I say Chinwi can you quote or show the source for the pretty jpg ?

nirowat this for everyone to study the page is taken from Central Bank Annual Report 2015 with the Link you can go check it also there. The first Annual Report published during the one and only year of Arjuna Mahendran as Central Bank Governor in Sri Lankan history.

Several powerful countries pledge fullest support to minimize Lanka’s debt burden Cbslde10

Check the Special Statistical Analysis Table 7 Check the Line Marked in Red Above

cbsl.gov.lk/pics_n_docs/10_pub/_docs/efr/annual_report/AR2015/English/18_S_Appendix.pdf

trader7


Manager - Equity Analytics
Manager - Equity Analytics

I completely disagree with Chinwi, I believe  MS has taken the country in the right direction, without tilting more towards China. 
We  were isolated during MR"s govt. by the West.

nirowat


Manager - Equity Analytics
Manager - Equity Analytics

May be this will enlighten what the real issue is

http://www.forbes.com/sites/wadeshepard/2016/09/30/sri-lankas-debt-crisis-is-so-bad-the-government-doesnt-even-know-how-much-money-it-owes/#75e82bb9a831

worthiness


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

Figuring out the facts in an unbiased manner bring forth procreative discussion on country's debt burden, economy or whatever goes on. Lopsided or twisted towards one side do not produce meaningful view as it always flow through personally inherited attitudes.

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