January 2019

Sri Lanka seeks regional bailout as balance of payments crisis looms

by |21 January 201921 January 2019|Verité in the News

Colombo looks to India and China for financial assistance and renegotiates with IMF Taken from Nikkei Asian Review Image courtesy of Reuters MARWAAN MACAN-MARKAR, Asia regional correspondent COLOMBO -- Sri Lanka is turning to key Asian allies for a financial...

Cabinet approval to raise $2 Billion through sovereign bonds – Eran

by |21 January 201921 January 2019|Interviews & Articles

Taken from News1st Written by Staff Writer COLOMBO (News 1st) – The “Economynext” quoting the State Minister of Finance Eran Wickremeratne says Sri Lanka’s cabinet of ministers has given the nod to raise $2 Billion through sovereign bonds. Economy next...

Chinese debt is not Sri Lanka’s biggest problem – Verité Research

by |16 January 201916 January 2019|Interviews & Articles

Taken from News1st Written by Staff Writer Colombo (News 1st) – New information has come to light revealing that loans from China are not the main source of the debt trap that Sri Lanka is caught in at present. Director of Verité...

Chinese loans not main source of debt trap, says think tank

by |14 January 201921 January 2019|Verité in the News

Taken from Daily Mirror Funds borrowed through ISBs at higher rates outweigh loans from China ISB debt growth caused by shift from concessional debt to commercial debt Price of debt more crucial than quantity of debt- Verité Research By Shabiya...

Reporting on identity in the Sri Lankan media: Ethics and errors

by |14 January 201914 January 2019|Verité in the News

Taken from Groundviews ‘It was a Muslim youth who got them involved in the [drug] trade.’ ‘A Tamil man who tried to enter Singapore with forged documents has been arrested.’ It is not uncommon to read headlines of this nature...