Is #SriLanka making a mistake in seeking IMF's RFI loan?
https://t.co/JOi6albh0W
Important for #LKA to take calculated, not knee-jerk steps to fund its #CycloneDitwah recovery.
Read the thread to learn why RFI loan from IMF is possibly quite adverse in the current context.
1/6
I wrote an article on how market distortions, particulaly in the foreign exchange market, led to the current economic crisis in Sri Lanka.
#EconomicCrisisLK#SriLankaEconomicCrisis#SriLanka#lka
https://t.co/BHZybiBkoG
According to the new 🛬 #importregulations in #SriLanka, only 7% of all imports are subject to the 100% cash margin requirement💰.
Did you know that most of these imports belong to the #electronic equipment/machinery category which includes #mobilephones📱, #computers🖥️, etc.?
1/2 The #SriLankan government introduced new 🛬#import regulations on 8th September 2021. Do you know what products are affected by these new rules?
See our graphic below for more clarity on the new import restrictions.
#srilanka#Imports
💰What are the stock market and bond market losses incurred by the EPF?
❓What can be done to minimise these losses in the future?
Join our live discussion this Friday 17 Sep @ 4.30PM
✏️Register here: https://t.co/KEBygoC4Hs
#VaccinateLKA scoreboard by @VeriteResearch Projects date for having 67% of pop. vaccinated in #SriLanka. Projection is updated regularly, based on maintaining last 10 day run rate.
Click on
https://t.co/4PFTZB88UC
Or follow this thread for updates on the latest projected date
#VaccinateLKA Can presidential projection materialise? 13M ppl (26M doses) by Sept30 -> 98 days from today(June25)
Run Rate(RR) in doses per day(dpd)
▪️Current RR < 25k dpd
▪️RR in last 10 days < 50k dpd
▪️Required RR > 225k dpd
daily score posted at: https://t.co/T6UjDMzW1r
What can Sri Lanka do to succeed? Full of fresh insight, data and intellectual perspectives by @subhashini227 of @VeriteResearch
on re-understanding and re-thinking Sri Lanka. Hi Magazine interview with George Cooke.
Every minute is thought provoking.
https://t.co/ORsj0zaYQ4
A case study by @VeriteResearch identified 3 main problems in debt reporting in #SriLanka
🔴Poor visibility on ownership of debt
🔴Understating government debt
🔴Displacement of debt
These infographics provide insight into each of these issues
https://t.co/j6eBPlLTbW
📈 COVID-19 Impact on Trade
How has Sri Lanka’s exports fared amidst COVID-19 when compared to previous global recessions?
#SriLanka#lka#COVID19#Exports
Did you know that public debt owed by #lka to other countries is underreported?
This is because officially published figures on SOE external debt does not provide a country breakdown
See recent case study by @VeriteResearch on #lka debt to #China
https://t.co/Oqv5BPw09c
Did you know that the cost of maintaining an office for a cabinet & state minister are similar?
In 2021, the GoSL allocated LKR 2,590 Mn to maintain the offices of 30 Cabinet & 40 State Ministers
Visit our blog for a breakdown of these expenses!
https://t.co/jBWHrTmbhS
Governments have consistently overestimated Revenue & these deviations have increased in value since 2014
Overestimations in revenue compels governments to
⬇️ Expenditure
⬆️ Borrowings
Watch our video to learn more
https://t.co/ZbakpQUodp
#PublicFinanceLK
📈What do we know about #SriLanka's Debt/GDP ratio?
• Gvt prediction: Debt/GDP ratio will⬇️to 75.5% by 2025
• @VeriteResearch assessment: Debt/GDP ratio will⬆️to 115.6% by 2025
Watch our video to learn more about inconsistencies in #Budget2021 figures
https://t.co/V2rXRpY9xd