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Now showing items 1411-1420 of 2143
30% of IMF Programme Commitments Due in April Not Met
(2024-05-16)
By the end of April 2024, Sri Lanka has not met 30% of its due commitments, which translates to a total of 19 unfulfilled obligations. The majority of these unmet commitments pertain to enhancing transparency and enacting ...
Calculating the Loss to the EPF From Proposed DDR
(Colombo: Daily Mirror, 2023-07-12)
Justice and good decision-making flows in part, from the discipline of public reasoning. The belief in democracy is anchored in the hope of harnessing the power of reasoned decision making that is openly and dialogically ...
Another Export Target Destined to Be Missed?
(Colombo: Daily Mirror, 2023-08-03)
In a recent statement, Sri Lanka's Export Development Board (EDB) announced plans to secure USD 31.3 billion revenue from total exports (both goods and services) by 2027. The EDB expects to double goods export revenue from ...
Restructuring Domestic Debt Must Be Credible, Fast, Comprehensive
(Colombo: Daily Mirror, 2023-06-08)
With the possibility of restructuring domestic debt increasing, there are concerns about the impact of such a restructuring on the financial markets. A limited restructuring, in which only government debt held by the Central ...
Schrodinger’s Banks: The Immediate Need for Policies to Ensure Financial Stability
(Colombo: Daily Mirror, 2023-09-14)
Sri Lanka is entering into a new, dangerous phase in its economic recovery. Although macroeconomic stabilisation has made progress, financial stabilisation needs immediate attention. The combination of covid-era loans and ...
The Troubling Lack of Compliance by Public Authorities With RTI Act
(Colombo: Daily Mirror, 2023-09-28)
Today (28 September) marks the international day for universal access to information. This year’s theme is ‘the importance of the online space for access to information'. Public access to information is an essential element ...
Let’s Shield the EPF With the Instincts of Winston Churchill
(Colombo: Daily Mirror, 2023-07-06)
The private sector workers of Sri Lanka are required by law to transfer 23% of their incomes to the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF) every month, towards their retirement savings. The EPF ...
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
(Colombo: Daily Mirror, 2023-08-31)
Large sums of money borrowed for large infrastructure projects is a key contributor to Sri Lanka’s Mountain of foreign debt, which the country is struggling to pay back. Lack of transparency, coupled with poor governance ...
Zoned Out: Export Ambitions Hindered by Land Limitations
(Colombo: Daily Mirror, 2023-10-12)
The experiences of East Asian and Southeast Asian countries such as Malaysia, Vietnam and Thailand, show that foreign direct investment (FDI) into export-oriented sectors is critical to accelerate growth in manufactured ...
Gender-based Budgeting for 2024: More Tokenism or True Commitment?
(Colombo: Daily Mirror, 2023-12-07)
With the committee stage debates on Budget 2024 still ongoing, our interest has been piqued by a term that has gained relatively little attention since it was mentioned in the Budget Speech presented on 13 November 2023: ...