Rethinking the Indebted Sri Lankan Economy We live in volatile times, unprecedented by many accounts. For highly indebted countries like Sri Lanka, navigating this instability by assuming we turn to old rulebooks may be folly, especially as almost the entire world faces Trump’s tariffs. Sri Lanka needs to address the structural inequities and conditions […]
Grounding Economic Policies in Tumultuous Times Read More »
Sri Lanka Needs a Plan B. Introduction Sri Lanka stands at a critical juncture in its economic recovery, with the forthcoming performance review of IMF’s Extended Fund Facility (EFF) agreement shaping the course of its financial future and with Donald Trump imposing a 44% tariff on Sri Lanka’s exports to the USA. While
Trump Tariffs and IMF Read More »
Political Appointments: A Test for the NPP’s Economic Vision. The planned appointment of Duminda Hulangamuwa, as reported by the Daily Mirror on 16 March, as the next Secretary to the Ministry of Finance, Planning and Economic Development (MFPED) under the newly elected National People’s Power (NPP) government comes across as a surprising turn for
NPP’s Political Appointments Read More »
The people of Sri Lanka have spoken. In a historic moment, Anura Kumara Dissanayake has been elected as the nation’s president, marking a new chapter in Sri Lanka’s political history. This election, deeply rooted in the widespread calls for systemic change during the 2022 Aragalaya protests, represents the will of the people and their demand
President Anura Kumara Dissanayake: Sri Lanka’s Desire to Chart a New Course. Read More »
Acknowledge the unjust nature of the global economic order Harsha de Silva, Member of Parliament and Chair of the Parliament Committee on Public Finance (COPF) , addressed the media in Sinhala, on April 17, 2024, shedding light on the recent breakdown of debt restructuring talks between the Sri Lankan government and the international bondholders’
A polite challenge to Harsha de Silva Read More »
“Capitalism is nothing if not the displacement of politics by economics.” This provocation by Fredric Jameson, the leading Marxist critic in the US, offers a fine insight with which to aim for some clarity amidst the confusion concerning the present crisis of Sri Lanka – which the Aragalaya has revealed, but not resolved. It is
Politics, economics, and S.B.D. de Silva Read More »
