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Central Bank’s 30 year Bond Debacle: What is the “Loss”?
(Colombo: Verité Research, 2015-07)
In February 2015 the Central Bank of Sri Lanka called an auction for one billion rupees on a 30 year bond. It then accepted 10 fold – 10 billion rupees – after the bids were in. This Insight identifies three errors in the ...
Power Cuts in Sri Lanka 2012: A Critical Review
(Colombo: Verité Research, 2012-08)
This report analyses the explanations provided by the government in announcements regarding scheduled power cuts in 2012. The standard explanations for power cuts were: (i) Unexpectedly high growth in demand; (ii) Shortage ...