Govt. turns to IMF
Following the Covid-19 outbreak, the International Monetary Fund (IMF) decided to pass a new Special Drawing Rights (SDR) allocation for its member states, and according to the Government, Sri Lanka w Read More »
Not much of a change under new Minister: Ajith Nivard Cabraal
Amidst claims that Sri Lanka’s economy is on the edge of a crisis with limited external finance, massive foreign debt repayments, and inadequate capacity of government measures to ease mounting povert Read More »
A lesson in ‘Dutch courage’
Dutch Prime Minister Mark Rutte on Monday (12) openly acknowledged that his Government had made an “error of judgement” when it decided to relax Covid-19-related restrictions by end-June, which turned Read More »
“Borrowing to make ends meet, increased debt” Dr. Harsha de Silva
Sri Lanka is currently facing a critical situation when it comes to the country’s economy. The Sri Lankan rupee faces a developing crisis since it operates a flexible exchange rate, assisted by incons Read More »
Government’s economic management is ad hoc: Eran Wickramaratne
Sri Lanka is currently experiencing a debt and economic crisis along with its third wave of Covid-19. Many socioeconomic and political experts are of the view that the Government has to reconsider sev Read More »
Government can’t control commodity price increases: Bandula Gunawardana
Along with the Covid-19 pandemic posting record numbers of cases daily, the cost of living that was already on the rise was further affected by the recent fuel price hike. The banning of chemical fert Read More »
“I gave the freedom to throw me out” Ranil Wickremesinghe
In the weeks leading up to former Prime Minister and incumbent United National Party (UNP) Leader Ranil Wickremesinghe’s re-entry to Parliament as the solitary representative of the UNP in the Chamber Read More »