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The Pathfinder Foundation Felicitated

Mr.-MM-Receiving-Award2The Embassy of the People's Republic of China in Sri Lanka recognized the Pathfinder Foundation as one of its top 10 partners at a ceremony to mark Chinese New Year and Sri Lanka's National Day held at the BMICH on Friday 17th January. President Mahinda Rajapaksa, Prime Minister D.M Jayaratne, Minister of Health Maithreepala Sirisena, Minister of External Affairs G.L Peiris and Secretary to the President Lalith Weeratunga were among those present at this ceremony. Here Chinese Ambassador Wu Jianghao presents the top 10 partners award to Mr. Milinda Moragoda, Founder of the Pathfinder Foundation.

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US Federal Reserve Tapering: A Soft Landing?

The US Federal Reserve Bank (Fed) announced a tapering of its bond buying program (QE3) following a meeting of its Federal Open Markets Committee (FOMC) last week. Its purchase of US bonds ($40 billion) and mortgage-backed securities ($35 billion) has been reduced by $10 billion from $85 billion to $75 billion a month. The announcement, while anticipated in the near future by markets, came earlier than expected. Only 37% of economists polled by Bloomberg expected the Fed to announce the commencement of its tapering program at its December 2013 FOMC meeting.

Last Updated on Tuesday, 11 March 2014 10:20

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Bali Declaration: Breathing Life into the Doha Round Corpse

Doha Round Impasse

Two years ago, it was officially announced that the Doha Round had reached an impasse after 10 years of negotiations. Pascal Lamy, who was then Director-General of the WTO, admitted this publicly.

Last Updated on Monday, 23 December 2013 11:53

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Forthcoming Budget: Not an Annual Bargain Sale of handouts but Pronouncement of Direction and Priorities of Economic Policy

The Budget Speech has become a major landmark in the nation’s calendar. It is much more than the government’s income and expenditure statement for the forthcoming fiscal year. It is much more important as an indication of the direction and priorities of government economic policy.

Last Updated on Thursday, 21 November 2013 13:47

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