Getting Out of Taxable and Central Bank Backed Assets

Given your political hue, you may argue that through the debt to equity swap Sri Lanka effectively got China to build a port in Hambantota giving Sri Lanka over 50 percent of the equity in return for land or that Sri Lanka just gave up the potential to reap the entire profit of the bunkering potential of the region.

Moving Out of Money

We aren’t getting an inflation targeting mechanism in the near future. To paraphrase the words of the outgoing Central Bank Governor, it is unlikely that given the political situation such a ground-breaking piece of legislation will be passed in parliament. An inflation targeting regime was to be combined with an…

The 20th Amendment

Pass the 20th amendment to the constitution and go for a parliamentary election. This would be the best thing for Sri Lanka at the moment. Going for a parliamentary election in a few months’ time wherein even if the UNP wins they will have to deal with an SLPP president…

Power Grab

This is based given the timing and implicit manifesto of the Presidential bid orchestrated by Mangala Samaraweera. As perceived by many in internal party member dialogues this has been characterized as a bid for the Prime Minister’s Post by Mangala. His supporters frame it as the last chance to beat…