Our Debt to China

“The available statistics appear to show that, whether the phenomena are connected or not, the rise of prices has nearly been proportional to the increase of currency”[1] J M Keynes on Indian Inflation “Apart from the fluctuations of the seasons the Indian level of prices is most influenced at the present time by the extent ... Read More

We Don’t Want an Executive President

The executive presidency was established in 1978. Since then there has never been as much hope for its abolishment as there is right now. It however still requires many actors to come together to work towards its abolishment. The 20th amendment as brought to the house by the JVP is agreeable to all stakeholders. It will ... Read More

Election 2019

This article is written in the backdrop of a constitutional coup whose long-term impact on the democratic lives on everyday Sri Lankans could be long standing. It is widely felt amongst civil society that given the media landscape the public might not fully grasp the gravity of the events that are taking place. It also ... Read More

Vehicles for the Rich

This piece serves as a gambit to a relatively unpopular budgetary reform that should be pushed through. In Sri Lanka as in the rest of the world the vehicle is a status symbol. It’s role as a status symbol is however more pronounced in Sri Lanka. High duty, petrol costs, and realizable value in the ... Read More

What is Inflation Targeting?

“Given that Sri Lanka is a twin deficit country, in terms of budget deficit and current account deficit, the chances that Sri Lanka attracting new money at this juncture is very minimal indeed. By increasing interest rates, we will not be able to attract new money or keep the money already invested.” Indrajit Coomaraswamy 02.10.2018 ... Read More