By P.K.Balachandran Colombo, November 2 (Counterpoint): With the Sri Lankan economy slowly recovering from the dumps it has been in
Category: Economy

Another round of domestic debt restructuring unlikely – Fitch
Rating agency, Fitch, says another round of local-currency debt exchange is unlikely in the near term. In its latest assessment

Inflation in 2022 was highest in over 2 decades – ISSER
The Institute of Statistical, Social and Economic Research (ISSER) has pointed out that the persistent rise in inflation in Ghana

Accelerate establishment of Domestic Credit Agency to allow financial institutions to assess MSMEs credit worthiness – KPMG to government
A 2024 Pre-Budget Survey by KPMG has urged the government to accelerate the establishment and operationalisation of a Domestic Credit
Sri Lankan cabinet approves increase in VAT from January 2024
Colombo, Oct 31 (AdaDerana) – The Cabinet of Ministers has approved to increase the Value Added Tax (VAT) up to

KMA spends 70% of its revenue on sanitation management – Kumasi Mayor
The Kumasi Metropolitan Assembly has said it spends close to seventy percent of its revenue on sanitation management, thereby taking

Ghana, OCC to agree on external debt restructuring by December 2023; debt restructuring to amount to $10.5bn – Fitch
Rating agency, Fitch, has emphasised that the Official Creditor Committee (OCC) including the Paris Club and the Ghanaian government will

Pressure on cedi to ease this week; one dollar going for ¢12.08
The pressure on the Ghana cedi is expected to ease this week, following the anticipated news of the inflow of

Ghanaian consumers pay up to 100% in indirect taxes on some goods
The Food and Beverages Association of Ghana has revealed that Ghanaian consumers are paying exorbitantly high indirect taxes and levies
Video story: Colombo’s City on the Sea has answers for Sri Lankans’ dreams
Colombo, October 20: Foundations are being vigorously laid for a brand new city in Colombo- the “City on the Sea”.