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Friday October 22nd, 2021
Opinion

How Sri Lanka's IMF-backed 'Young Plan' fired a foreign debt death spiral: Bellwether

In all years with inflationary policy, debt after foreign reserves went up

3 min read

Sri Lanka's monetary meltdown will accelerate unless quick action is taken: Bellwether

Debt re-structuring to reduce gross financing needs will help

3 min read

Sri Lanka Minister follows Diocletian after printing money, but stops short of death penalty

Diocletian minted in copper in plenty what was scarce in silver, Sri Lanka is pumping liquidity in paper

3 min read

Sri Lanka economy bought to tipping point by monetary fallacies: Bellwether

Mercantilist fallacies have devasted countries at peace

3 min read

Military training: Misguided, Counterproductive, and Against Buddhist Values.

Skills cultivated through mindfulness include awareness, scientific observation, empathy, equanimity, and compassion.

Sri Lanka to pick losers as omniscient elites drive interventionism to extremes: Bellwether

'A new type of superstition has got hold of people's minds, the worship of the state'

Moratuwa vaccine hijack attempt: Sri Lanka police arrest mayor

Footage showed the Moratuwa MOH engaged in a heated argument with Fernando, objecting to his demeanour

Imesh Ranasinghe

2 min read

Sri Lanka's sovereignty and Port City Commission Bill - an analysis

Debate on the bill is scheduled for this week

12 min read

Sri Lanka state fails in the core business: administration of justice

Sri Lanka presents a façade of a functioning legal system

Rohan Samarajiva

12 min read

Sri Lanka fertilizer ban haphazard, modern tech, risk management the answer: researcher

Outright chemical fertilizer ban may have negative consequences

11 min read

Sri Lanka's central bank should guard against bankruptcy as Fed lights commodity fires

Sri Lanka's central bank is running out of reserves, a part of the remaining reserves are tied up in swaps, the country ...

Bellwether

25 min read

Sri Lanka's misguided state priorities and how to reset them

In the previous Arthashasthra columns, I showed that the Sri Lankan state’s priorities were all wrong; it was not doin...

Rohan Samarajiva

1 min read

What the Sri Lanka state should prioritize

Currently, the Sri Lankan state does many things, badly. Despite having a strong public health system and months to get...

Rohan Samarajiva

2 min read

Sri Lanka's Drug menace needs a new approach

Crime surrounding the increased use of hard drugs in Sri Lanka is a major societal and law and order concern, but are we...

Imesh Ranasinghe

8 min read

Sri Lanka import controls and their impact

Sri Lanka's import controls have created shortages and inflated prices giving profits to some domestic producers from fa...

3 min read

Sri Lanka debt crisis trapped in spurious Keynesian 'transfer problem' and MMT: Bellwether

In Sri Lanka politicians are blamed for the country's economic ills and rising default risk, but it is only partly their...

Bellwether

23 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
Saudi Riyal 53.6007 53.4541
UAE Dirham 54.7338 54.5885
Source: Central Bank/Indicative
pts %
S&P SL20 3,572.70 0.54%
CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

“Your ‘Sri Lankanness’ will not be reduced to one aspect of your identity.”

On March 8, International Women’s Day the Friedrich Nauman Foundation for Freedom invited ten selected women to say w...

Sarah Kabir

7 min read

The often futile quest for Justice in Sri Lanka affects all

Justice is central to the Christian faith and I hope that at least now, Sinhalese and Tamil Catholics can support each o...

Ruki Fernando

9 min read

1

How to fix Sri Lanka's monetary and debt crisis, avoid sudden stop event: Bellwether

Sri Lanka is facing a monumental state failure after denying economic and civil freedoms for decades, destroying Sri Lan...

Bellwether

5 min read

2

Truth, In The Face Of Cremation

Muslims and even Christians wait with bated breath to see if Pakistani Prime Minister Imran Khan's visit would result in...

By Hilmy Ahamed – Vice President Muslim Council of Sri Lanka

11 min read

1

Wake Up! It’s time for Gender Parity not Patriarchy

The resistance from a number of senior police officers to the appointment of Bimshani Jasin Arachchi as the first woman ...

Kshama Ranawana

6 min read

Solving Sri Lanka's debt and monetary crisis sans the IMF, like Japan, Malaysia: Bellwether

The question is often asked whether Sri Lanka do without an International Monetary Fund program. It is certainly possi...

Bellwether

11 min read

1

International concern that Sri Lanka continues to cremate Muslim Covid dead

Visiting Pakistani Prime Minister Imran Khan urged to “push Sri Lanka to gazette” the step to end the forced cremati...

Arjuna Ranawana

5 min read

If we Sri Lankans resolve minority issues ourselves the world will support us

If the government and opposition leaderships are united in their resolve to address the grievances of the ethnic and rel...

Dr. Jehan Perera - Executive Director National Peace Council

6 min read

Attacks on Wimal maybe a sign of a seismic shift in the ruling alliance

There’s bitter invective being directed at a government Cabinet Minister these days by a faction of the ruling allianc...

Arjuna Ranawana

6 min read

2

Core elements of a Sri Lanka state; public goods, national defence, justice: Arthashastra

Sri Lanka needs the state to provide public goods, including national defence, law and order and justice; to control mar...

Rohan Samarajiva

9 min read

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