Shenali D Waduge In 44 years of the executive constitution, Sri Lanka has seen nothing but political debacles. It is when we reach a stage of chaos that inspires us to think of ways to change and adopt new systems with the consent of the people. Therefore, people’s consensus is important. Nothing should be decided […]

KAMALIKA  PIERIS Officials look back fondly on the economic policy followed immediately after independence. R.K.H.M. Fernando, formerly a Director in the Treasury, said that at Independence the Soulbury constitution provided for an Appropriation Act as well as the Financial Regulations, which provided an adequate controlling framework with proper check and balances. All the monies collected […]

Insight By Sunil Kumar  As the crisis in Sri Lanka deepens with no viable resolution in sight and the nation and all concerned, clamors on probably very justifiably that the present Administration needs to be removed post haste the following shocking revelation has emerged.  It portrays the rank disregard by the legislators in charge of  […]

By M D P DISSANAYAKE, CPA, FCMA, CGMA, PhD The political inexperience of President Gotabaya had been exposed, providing a platform for anti-Sri lankans to attack him in a ruthless manner.  President Gotabaya appear to be vulnerable  and far too flexible in the jungle of politics in Sri Lanka.  The media is having a field […]

Courtesy The Fiji Times Economist Dr Neelesh Gounder. Picture: RAMA The current economic and political crisis in Sri Lanka should be a lesson for Fiji of what bad finance management could do to an economy, says USP economist Dr Neelesh Gounder. His comments come in the wake of international media reports that Sri Lanka has […]

Courtesy NDTV Tamil Nadu: A resolution piloted by Chief Minister MK Stalin was unanimously passed by the house, including the opposition AIADMK and the BJP. New Delhi:  After Tamil Nadu Assembly passed a resolution seeking permission to supply rice and essential medicines as aid to Sri Lanka, External Affairs Minister Dr S Jaishankar said that […]

Courtesy The Hindu Thousands of demonstrators have hit the streets across Sri Lanka since April 9 Protesters take part in an anti-government demonstration near the president’s office in Colombo on April 30, 2022, demanding President Gotabaya Rajapaksa’s resignation over the country’s crippling economic crisis. | Photo Credit: AFP Sri Lanka’s beleaguered President Gotabaya Rajapaksa on […]

Courtesy Outlook Sri Lanka’s overall inflation surged to nearly 30% in April from 18.7% in March as the country faces its worst economic crisis. Debt-ridden Sri Lanka’s overall inflation surged to nearly 30 per cent in April from 18.7 per cent recorded in March, according to the official figures, as the island nation grapples with […]

Courtesy The Daily Mirror SJB MPs Harin Fernando and Field Marshal Sarath Fonseka were seen engaged in a verbal clash at the SJB May Day Rally held in Colombo today. Parliamentarian Fonseka, who was seated in the front row, was seen calling MP Fernando closer to him and both were seen enaged in a verbal […]

Courtesy Adaderana Minister of Power and Energy Kanchan Wijesekera today announced that several new guidelines have been implemented for the transportation of fuel in the country. In a twitter message, the minister said that a decision has been taken to increase the capacity of fuel transportation via train to rural depots from 40% to 100%. […]

Courtesy Adaderana Calling the ongoing economic crisis in Sri Lanka unfortunate”, Israel’s envoy to India, Sri Lanka and Bhutan Naor Gilon said that the country can use its potential in tourism and agriculture to come back to stability. Very unfortunate. I visited Sri Lanka to present my credentials just a couple of months ago. It’s […]

Courtesy Adaderana Former Prime Minister Ranil Wickremesinghe says that bringing forth the 21st Amendment to the Constitution alone cannot resolve the economic crisis in the country. Addressing a May Day event held today, the leader of the United National Party (UNP) stated that today the country is facing an unprecedented economic and political crisis. Our […]