Repay Foreign Debt or Finance Essential Imports
South China Morning Post The available foreign reserves of the country can be used to either repay foreign creditors or to finance imports of essential goods and services required by its citizens.…
Year: 2022
Batticaloa Bears Impact of Easter Sunday Attacks
Sri Lanka’s return to terror came on April 21, 2019 with the bombing of three hotels and three churches that killed 267 people and injured about 500. The trial of 25 men…
How Sri Lanka Became a Nation of Beggars
Every economy in the world, developed or developing, is a topic for discussion today. Some economies are being discussed for their sound management, good governance, high growth and overcoming crises while other…
State Owned Enterprises: A Major Crisis in the Making
Sri Lanka has a whopping 527 state-owned enterprises[1] (SOEs). The 55 SOEs classified as “strategically important” alone employ 10% of the public sector workforce[2] or about 1.9% of all workers. Such a…
A Disastrous 2021 and Conservation Challenges in 2022
Environmental conservation in Sri Lanka is as challenging as the economy of the country. Environmental degradation is fully supported and carried out with the blessings of corrupt politicians. This has been the…
The Systemic Failure to Protect Sri Lanka’s Children
Thirty years after ratifying the United Nations Convention of the Rights of the Child (UNRC) in 1991, child protection is a national crisis in Sri Lanka. Over the past 16 months, 10…
