Saturday, August 01, 2009

IMF loan and its conseqences

Finally Sri Lankan government is able to get IMF loan overcomming the some opposition protests.This will be a huge relief for the Sri Lankan government since their foreign currency reserves are in very low leval.This situation occured not because sri lankan own crisis but due to global financial crisis which reduced the income of lanka's apperal industry.
Opposition parties specilly UNP are accusing governement by saying government has bent to the IMF to get this loan.But governement replied that there are no harmfull conditions with this loan.According to the IMF this loan is aimed at addressing shor term economic needs of the country which is facing balance of payment difficulties while laying long term sustainable growth.
It is surely helpfull for local financial sector as well.Sudden increase of colomo stock exchange index after getting the news of IMF deal indicates it.

Friday, April 03, 2009

IMF loan

There are lot of discussions going on regarding IMF loan for Sri Lanka these days.Pro LTTE groups and some NGO's are even signing petition to stop this. UNP accuse that it is against the Mahinda Chintanaya which was the UPFA election manifesto of 2005 presidentaial election. We remember that Wimal weerawansa who was with the JVP those days said that Mahinda led government would remove the plug from world bank and IMF.But now government has no other option rather getting fund from IMF because financial sector is in dire situation in terms of capital reserves.
In my opinion,getting an IMF loan is not bad thing since those agencies are here to help developing countries.Lets see whats gona happend in near future..

Wednesday, April 01, 2009

Latest rankings of economics departments

Here is the latest rankings of asian economics institutions.
http://ideas.repec.org/top/top.asia.html

4 of top 5 are Israel universities..

Friday, September 12, 2008

Career changing decision

I decided to change my career path from Network Engineering to Economics.
After lot of thinking decided to persuade my post graduate education from the field of Economics.I think although I had been studying for engineering for long time my passion is social science subjects like Economics,Politics,History etc.
Although I quit my current full time job, hope to stay as a part time engineer.

Wednesday, July 02, 2008

CCIE LAB resources

I already moved in to ccie lab exam preparation after passing ccie written on June 23rd.
I would like to share my preparation resources with anyone who study for ccie lab exam. This exam is not an easy task hard work is absolutely nessasary .
Here is the link for various ccie lab resources

Friday, June 13, 2008

CCIE written

Yesterday I scheduled my ccie written exam on 24th of june. Now I am doing my final preparation using testking and quick reference guide. Finally hope to quick look at pass4sure as well.

Thursday, May 29, 2008

Journey to CCIE start

Today I start my CCIE journey.I was thinking of persue CCIE VOICE track earlier but I realised that starting from CCIE Routing and Switching track would be more valuer and easy to learn. There are lot of study matarieals on routing and switching track but for voice track it is limited.
First hurdle is to pass ccie written exam and then the real evil battle start.