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Wednesday December 8th, 2021
Opinion

Civet Close Encounters

Midnight Rambler: Sympathy for the Devil in Your Garden

9 min read

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

9 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

9 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

9 min read

Sri Lanka government heading into a perfect storm: Opinion

Protests over several issues including the Easter Sunday probe magnify economic troubles

Why Sri Lanka's rupee is depreciating creating currency crises: Bellwether

A Bellwether FAQ on the dangerous lack of note-issue banking know-how

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

“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

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.5945 200.0100
UK Pound 267.1631 265.4633
Euro 227.5296 225.7213
Aus Dollar 143.8175 140.8970
Yen 1.7758 1.7618
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6742 2.6528
Korea Won 0.1715 0.1693
Oman Rial 523.6153 519.4997
Saudi Riyal 53.7385 53.3161
UAE Dirham 54.8840 54.4526
Source: Central Bank/Indicative
pts %
S&P SL20 3,964.42 0.44%
CSE All Share 11,088.17 0.49%
Turnover Rs million. 2,191,558,044.10 6,019,817,831
Source: CSE
Latest Last
3-m bill 7.33 7.56
6-m bill 7.77 7.91
12-m bill 8.15 8.25
5-yr bond 10.61 10.56
8-yr bond 11.27 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

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

1

Its Independence Day and what have we got

Sri Lanka’s ethnic conflict is not a shooting war anymore but long-standing issues remain unresolved

Arjuna Ranawana

7 min read

5

Sri Lanka faces the possibility of tough sanctions from UN

Member countries of the United Nations Human Rights Council need to be convinced that the government’s actions will ta...

Dr. Jehan Perera - Executive Director National Peace Council

7 min read

And then she got Covid

The government's "governance by distraction" strategy takes a hit as prominent leaders who took the "Dhammika Paniya" to...

Arjuna Ranawana

7 min read

1

Sri Lanka facing 2021 with reckless MMT, stimulus mania: Bellwether

Sri Lanka is heading for one of the biggest economic challenges in its history in 2021, with the central bank printing m...

Bellwether

15 min read

Government’s decision to award the Adani group the ECT terminal is positive

By explaining his decision in a straightforward manner, and carrying it out, President Rajapaksa has shown leadership in...

Dr. Jehan Perera - Executive Director National Peace Council

6 min read