Mirror Business Sri Lanka is sleepwalking into a Rajapaksa dynasty characterized by illiberal democracy, state-dominated inefficient capitalism and ethnic chauvinism, after a failed test of good governance by an unholy coalition of left and right wing parties for three years, according to Prof. Razeen Sally, Chairman of Colombo-based think tank, the Institute of Policy Studies … Continue reading
Tagged with Economy …
Gota plans to put country on a destructive path
Daily Mirror Gotabaya Rajapaksa It’s crystal clear that Rajapaksa siblings have been endeavouring to grab ruling power once again Only US$ 863 million have to be paid for the debts that were borrowed after 2015 US$ 4,285 million have to be paid in 2019 out of which UD$ 3,315 or 77% of the repayment are for … Continue reading
Sri Lanka cannot have another terror backlash
Daily FT 24 years of terrorism has cost the country over $ 200 b Tourism industry lost $ 6 b directly The recent incidents in Ampara, Teldeniya and Digana and the declaration of a state of emergency for 10 days across the country was very disturbing to me personally given that I was part of the larger … Continue reading
Freedom: What a great idea it is!
Whither independence without its spirit (Original Title) Daily Mirror Freedom: What a great idea it is! As we celebrated this Sunday Sri Lanka’s 70th freedom day, it is relevant to ask how free we are and what freedom meant to us then and today. Seventy years ago, when the Union Jack was brought down and … Continue reading
Preparing the 2017 Budget: Too many cooks may spoil the soup
Preparing the 2017 budget is a challenging task. Bringing down the deficit to 5.5 per cent of GDP; increasing revenue substantially; fiscal reforms to achieve these; finding the fiscal space for development and much needed social expenditure are enormously demanding tasks in the current economic and political context. Furthermore, the processes and procedures of budget … Continue reading
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