Rescuing the Poor from the Economic Abyss
At a small grocery store, an elderly man pointed at a particular packet of biscuits and asked what the price was – it was Rs.70. The man asked if there were biscuits…
Economy
Ensuring Political Stability for Economic Recovery
The Human Rights Commission of Sri Lanka (HRCSL) calling the IGP and the Army Commander for questioning about the failure to prevent the attack on peaceful demonstrators on May 9 is an…
Consumer Confidence Drops to New Depths
Consumer confidence in Sri Lanka continued drop in April to reach a new low. Economic pessimism was widespread across all segments and public was resigned to likelihood that conditions will worsen in…
People’s Uprising for System Change
April and May 2022 will be remembered as the most important months in the post-independence era. During this short period the much hoped for people’s awakening expressed itself powerfully. People who wielded…
Protecting the Rights of the Disadvantaged When Talking to the IMF
Had the decision been thought out and strategic like that of Mahathir Mohamad in Malaysia during the Asian financial crisis, I would have backed the Sri Lanka government’s lack of interest in going…
Dawn at Galle Face: Which Tomorrow?
“Beyond the barricade Is there a world you long to see?” Do you hear the people sing (Les Misérables) “I’m 89 years old,” the grandmotherly protestor holding a hand-drawn placard says. “For…
Reforming and Re-starting Sri Lanka
Sri Lanka’s economy has collapsed due to years of mismanagement. Now heading for a political showdown, the country is officially bankrupt, unable to service the debt-ridden economy. This has been further exacerbated…
A Brief Response to the Current National Crisis – A Way Forward
Sri Lanka is at a crossroad, facing multiple crises, as well as the present impasse of an unwanted Executive with all powers and an inadequate Legislature with little powers. The call of…
No More Loans Without Accountability
Newscutter I am writing from Jaffna, rather disappointed and disenchanted with the IMF and the Government of India for trying to bail out our horrid government as detailed by the Hindustan Times.…
The IMF, the Middle Class and #GotaGoHome
Sri Lanka will enter into negotiations with the International Monetary Fund next week. Led by Ali Sabry, the country’s Finance Minister, and Nandalal Weerasinghe, the Governor of the Central Bank, the delegation…
How an Incompetent Cabal of Voodoo Economics Practitioners Ruined Sri Lanka’s Economy
Sri Lanka is set to commence its discussions with the IMF on Monday. The country has jumped off the plane of economic stability without a parachute and now we must hope that…
An Emergency Economic Stabilization Plan
Sri Lanka is at a very dangerous juncture with usable reserves that have dropped to about $150 million. Acute shortages of essentials ranging from fuel to medicine have become prevalent. Rising public…
Where Were These Protests in the Past?
Sri Lankans living in the country or abroad feel more than a tinge of pride at how people are standing up against the corrupt government. They are protesting against all odds as basic needs …
Refusing a Neoliberal Peace in The Incomplete Thombu
Today Sri Lanka faces its worst economic crisis since independence. In the coming months, people’s hardships will only worsen as more austerity is forced on them. The present crisis is a result…
March 31 Protests and Aftermath: Updates
The Protest Events of March 31 leading into the early hours of April 1, 2022 On March 31, a silent citizens protest that began at Jubilee Junction in Nugegoda burgeoned into a massive show…
