{"id":145054,"date":"2024-10-18T15:36:43","date_gmt":"2024-10-18T22:36:43","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=145054"},"modified":"2024-10-18T15:36:43","modified_gmt":"2024-10-18T22:36:43","slug":"how-turning-the-educated-applicants-into-skills-to-attract-foreign-employment-to-contribute-towards-external-debt","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2024\/10\/18\/how-turning-the-educated-applicants-into-skills-to-attract-foreign-employment-to-contribute-towards-external-debt\/","title":{"rendered":"How Turning the Educated Applicants into Skills to Attract Foreign Employment to Contribute towards External Debt!"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Prof. Hudson McLean<\/em><\/span><\/h2>\n\n\n<p><strong>How Turning the Educated Applicants into Skills to Attract Foreign Employment to Contribute towards External Debt!<\/strong><\/p>\n\n\n\n<p><strong>Monthly Wage Target &#8211; Euro 2000-;+++<\/strong><\/p>\n\n\n\n<p><strong>PS: Improve English Language Skills! &#8211; COMPULSORY<\/strong><\/p>\n\n\n\n<p><strong>Teach Etiquette &amp; Modern Manners! &#8211; Very Important<\/strong><\/p>\n\n\n\n<p><strong>Better Personal Presentation Skills! &#8211; Critical at First Impression!<\/strong><\/p>\n\n\n\n<p><strong>Note to: DP Education!<\/strong><\/p>\n\n\n\n<p><strong>Contribution Target towards&nbsp; Recovering External Debt.<\/strong><\/p>\n\n\n\n<p><strong>Target 10,000 Graduates and Special Skills for Overseas Jobs\/Year<\/strong><\/p>\n\n\n\n<p><strong>Sri Lanka External Debt 1970-2024<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macrotrends.net\/global-metrics\/countries\/LKA\/sri-lanka\/external-debt-stock#:~:text=Data%20are%20in%20current%20U.S.,a%201.35%25%20increase%20from%202019\" target=\"_blank\" rel=\"noreferrer noopener\">Sri Lanka External Debt 1970-2024<\/a><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Sri Lanka External Debt 1970-2024 Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt &#8230;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Data are in current U.S. dollars.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sri Lanka external debt for 2022 was&nbsp;<strong>$58,712,654,401<\/strong>, a&nbsp;<strong>0.03% decline<\/strong>&nbsp;from 2021.<\/li>\n\n\n\n<li>Sri Lanka external debt for 2021 was&nbsp;<strong>$58,732,518,598<\/strong>, a&nbsp;<strong>3.27% increase<\/strong>&nbsp;from 2020.<\/li>\n\n\n\n<li>Sri Lanka external debt for 2020 was&nbsp;<strong>$56,874,445,630<\/strong>, a&nbsp;<strong>1.35% increase<\/strong>&nbsp;from 2019.<\/li>\n\n\n\n<li>Sri Lanka external debt for 2019 was&nbsp;<strong>$56,117,855,647<\/strong>, a&nbsp;<strong>6.04% increase<\/strong>&nbsp;from 2018.<\/li>\n<\/ul>\n\n\n\n<p>&nbsp;<strong>Foreign Debt Summary&nbsp;(as of end April 2022)<\/strong><\/p>\n\n\n\n<p>By the end of April 2022, total outstanding external debt of the central Government was US$&nbsp;34.8 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.erd.gov.lk\/index.php?option=com_content&amp;view=article&amp;id=102&amp;Itemid=308&amp;lang=en\">https:\/\/www.erd.gov.lk\/index.php?option=com_content&amp;view=article&amp;id=102&amp;Itemid=308&amp;lang=en<\/a><\/p>\n\n\n\n<p><strong>Special Vocational Skills Needed in UK-EU-USA<\/strong><\/p>\n\n\n\n<p>*ICT &#8211; Information &amp; Communications Technology<\/p>\n\n\n\n<p>*Software Developers<\/p>\n\n\n\n<p>*Medicare &#8211; Nurses &#8211; Eldercare &#8211; Childcare &#8211; Hairdressers &#8211; Cooks<\/p>\n\n\n\n<p>Simple Calculation<\/p>\n\n\n\n<p><strong>Minimum Monthly Wage Target &#8211; Euro 2000<\/strong><\/p>\n\n\n\n<p><strong>Annual Wage Target &#8211; Euro 24,000 less tax<\/strong><\/p>\n\n\n\n<p><strong>The Carrot &amp; the Stick!<\/strong><\/p>\n\n\n\n<p>Employee repatriation of 10% &#8211; Euro 2000&nbsp;<\/p>\n\n\n\n<p><strong>Total repatriation by 10,000 &#8211; Euro 20,000,000\/year<\/strong><\/p>\n\n\n\n<p><strong>Adding 10,000 recruits each year compounded on wages of earlier!<\/strong><\/p>\n\n\n\n<p><strong>Most EU member States Do Not Allow Citizenship for non-EU foreigners up to seven (7) years continuous residence.<\/strong><\/p>\n\n\n\n<p><strong>Therefore the Renewal of Passports may be Conditional to Repatriation of 10% of Gross Income to Sri Lanka or Deny Renewal of Passport.<\/strong><\/p>\n\n\n\n<p><strong>Increase Tourism!<\/strong><\/p>\n\n\n\n<p><strong>Increase Exports!<\/strong><\/p>\n\n\n\n<p><strong>Increase Local Production for Domestic Consumption<\/strong><\/p>\n\n\n\n<p><strong>Add Taxes on Unnecessary Luxury Imports!<\/strong><\/p>\n\n\n\n<p><strong>Add Levy for non essential Foreign Travel!<\/strong><\/p>\n\n\n\n<p><strong>Restriction on import of Luxury vehicles!<\/strong><\/p>\n\n\n\n<p><strong>\u2014\u2014ENDS\u2014\u2014<\/strong><\/p>\n\n\n\n<p><strong><em><u>Express Your Opinion &#8211; Read What Others Say!<br>The Independent Interactive Voice of Sri Lanka on the Internet.<br><br>Please visit -: <a href=\"http:\/\/www.lankaweb.com\/\">http:\/\/www.lankaweb.com\/<\/a><\/u><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prof. Hudson McLean How Turning the Educated Applicants into Skills to Attract Foreign Employment to Contribute towards External Debt! Monthly Wage Target &#8211; Euro 2000-;+++ PS: Improve English Language Skills! &#8211; COMPULSORY Teach Etiquette &amp; Modern Manners! &#8211; Very Important Better Personal Presentation Skills! &#8211; Critical at First Impression! Note to: DP Education! Contribution Target [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-145054","post","type-post","status-publish","format-standard","hentry","category-hudson-mclean"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/145054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=145054"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/145054\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=145054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=145054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=145054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}