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<blockquote data-quote="eranga_rama" data-source="post: 12097651" data-attributes="member: 85571">sha oyta witharai therune. <img src="/styles/default/xenforo/smilies/default/lol.gif"&nbsp; class="smilie" loading="lazy" alt=":lol:" title="LOL&nbsp; &nbsp; :lol:" data-shortname=":lol:" /><img src="/styles/default/xenforo/smilies/default/lol.gif"&nbsp; class="smilie" loading="lazy" alt=":lol:" title="LOL&nbsp; &nbsp; :lol:" data-shortname=":lol:" /><img src="/styles/default/xenforo/smilies/default/lol.gif"&nbsp; class="smilie" loading="lazy" alt=":lol:" title="LOL&nbsp; &nbsp; :lol:" data-shortname=":lol:" />nikan gon part danne nethiwa hitapan bung mai umabai danna Economics. umabata therenawada manada. menna meka kiyawala balapan umbata english kiyawanna puluwannam. Shock Treatment&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 3 Comment(s)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 14 Feb, 2012&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 18:23:49&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Sri Lanka policy reversals seen eroding sentiment&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Feb 14, 2012 (LBO) - Recent policy reversals by&nbsp; Sri Lanka's government has dampened investor sentiment and could lead&nbsp; to lower consumer spending, slowing economic growth, a stock broker&nbsp; said.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The government&nbsp; raised interest rates, moved closer to floating the rupee by stopping&nbsp; interventions to defend the currency and jacked up fuel prices in quick&nbsp; succession, TKS Securities said in a report.&nbsp; The rapidity of the changes also hit stock market sentiment, worsening a slide. &nbsp;&quot;The swiftness of these directional change has taken the market and&nbsp; economic participants by surprise, which was evident with the Colombo&nbsp; bourse shaving off 8.5 percent in market capitalization since the&nbsp; beginning of February,&quot; TKS Securities said. &nbsp;&quot;The increase in interest rates and the floating of the rupee went&nbsp; against the policies and forecasts put forward by the Central Bank&nbsp; during the past few months, hence creating a negative sentiment within&nbsp; the business and investing community in Sri Lanka. &nbsp;&quot;The past two weeks brought about marked changes in the interest rate&nbsp; environment, exchange rates and cost structures within the economy.&quot; &nbsp;The brokerage said the sharp upward revision in retail fuel prices over&nbsp; the weekend would trigger a chain of events which would create&nbsp; inflationary pressure and slow down economic growth.&nbsp; &nbsp;But they said they consider the retail fuel price hike to be a &quot;bold&nbsp; move in the correct direction&quot; to safeguard broad economic health albeit&nbsp; being unpopular among the people. &nbsp;&quot;Albeit necessary actions, the increase in interest rates, weakening&nbsp; rupee and price hike in fuel has negatively affected the thinking&nbsp; pattern and psychology of Sri Lankans,&quot; TKS Securities said. &nbsp;&quot;Hence, we believe with dwindling disposable incomes, they would be&nbsp; cautious in spending which would lead to slower GDP growth in 2012.&quot; &nbsp;TKS Securities said they believe borrowings by the private sector could fall sharply this year.&nbsp;&nbsp; &nbsp;&quot;Credit to the private sector which grew by about 33 percent in 2011 is&nbsp; expected to slow with a near 150-250 bps increase in market interest&nbsp; rates from the current broad average of 14-15 percent levels,&quot; the&nbsp; report said.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; methanin gathe. <a href="http://www.lbo.lk/fullstory.php?nid=2097975783" target="_blank">http://www.lbo.lk/fullstory.php?nid=2097975783</a></blockquote>

[QUOTE="eranga_rama, post: 12097651, member: 85571"] sha oyta witharai therune. :lol::lol::lol: nikan gon part danne nethiwa hitapan bung mai umabai danna Economics. umabata therenawada manada. menna meka kiyawala balapan umbata english kiyawanna puluwannam. [SIZE=3] [/SIZE][U][B][SIZE=3]Shock Treatment [/SIZE][/B][/U]3 Comment(s) 14 Feb, 2012 18:23:49 Sri Lanka policy reversals seen eroding sentiment Feb 14, 2012 (LBO) - Recent policy reversals by Sri Lanka's government has dampened investor sentiment and could lead to lower consumer spending, slowing economic growth, a stock broker said. [COLOR=#292929] The government raised interest rates, moved closer to floating the rupee by stopping interventions to defend the currency and jacked up fuel prices in quick succession, TKS Securities said in a report. The rapidity of the changes also hit stock market sentiment, worsening a slide. "The swiftness of these directional change has taken the market and economic participants by surprise, which was evident with the Colombo bourse shaving off 8.5 percent in market capitalization since the beginning of February," TKS Securities said. "The increase in interest rates and the floating of the rupee went against the policies and forecasts put forward by the Central Bank during the past few months, hence creating a negative sentiment within the business and investing community in Sri Lanka. "The past two weeks brought about marked changes in the interest rate environment, exchange rates and cost structures within the economy." The brokerage said the sharp upward revision in retail fuel prices over the weekend would trigger a chain of events which would create inflationary pressure and slow down economic growth. But they said they consider the retail fuel price hike to be a "bold move in the correct direction" to safeguard broad economic health albeit being unpopular among the people. "Albeit necessary actions, the increase in interest rates, weakening rupee and price hike in fuel has negatively affected the thinking pattern and psychology of Sri Lankans," TKS Securities said. "Hence, we believe with dwindling disposable incomes, they would be cautious in spending which would lead to slower GDP growth in 2012." TKS Securities said they believe borrowings by the private sector could fall sharply this year. "Credit to the private sector which grew by about 33 percent in 2011 is expected to slow with a near 150-250 bps increase in market interest rates from the current broad average of 14-15 percent levels," the report said. [/COLOR] methanin gathe. [url]http://www.lbo.lk/fullstory.php?nid=2097975783[/url] [/QUOTE]

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