An Echelon Media Company
Saturday March 2nd, 2024
Opinion

Sri Lanka draws up law on online "untruths", religious hurts

Law will arbitrate on the truth or otherwise of various statements published online

September 5, 2023 1 min read

Sri Lanka interest rates are dictated by the IMF reserve target, not inflation

It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency

August 14, 2023 15 min read

Sri Lanka tables DDR tax hike amendment in parliament

The amendment was published on the government gazette on July 17

August 9, 2023 2 min read

Sri Lanka legislators should deny high inflation goal independence to the central bank

If parliament rubber stamps a 4-6-pct inflation target, a second default is more certain

July 31, 2023 12 min read
Sri Lanka VAT increase is better than killing economic freedoms with income tax

Tax slabs should keep pace with inflation, dependent allowances should be considered

Sri Lanka's rupee depreciation and economic crises; the deficit lie

Deficits do not rise much in the year that a currency crisis is triggered, but in the stabilization year

Sri Lanka lifts curfew from 0700h to 1400h on May 12

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May 11, 2022 1 min read

Sri Lanka can trigger food shortages as in medicines with new trade controls: Bellwether

Forcing food importers to use LCs can create food shortages.

April 29, 2022 11 min read

Bangladesh a surprising economic success

Led by garment exports Bangladesh graduating from Least Developed status

Arjuna Ranawana
April 23, 2022 5 min read

Sri Lanka on the brink of political revolution

The latest viral video is a Sinhala version of the anti-Fascist Anthem known by its original Italian title BellaCia

Arjuna Ranawana
April 16, 2022 9 min read
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What Sri Lanka's IMF program should look like

Steep rate hikes are needed to save the rupee

Bellwether
April 7, 2022 15 min read

Sri Lanka has to work fast to contain multiple defaults as Tanzi bites: Bellwether

A flexible exchange rate fails because it is not rule bound

Bellwether
April 1, 2022 9 min read

Sri Lanka has to hike rates, ensure monetary fiscal co-ordination to help rupee: Bellwether

Monetary fiscal co-ordination comes from an International Monetary Fund

March 10, 2022 4 min read
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Sri Lanka use of reserves for imports is a deadly false choice: Bellwether

Sterilized currency defence, without an accompanying rise in rates, spells disaster

January 31, 2022 17 min read
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Sri Lanka has to hike rates, before a float to end forex crisis: Bellwether

At the current policy rates and sterilization of interventions, forex problems will not get better

Bellwether
January 18, 2022 16 min read

Sri Lanka should prepare to float, and promote parallel dollarization: Bellwether

The proposal to import cars with dollar earnings and pay taxes in dollars is absolutely correct

December 21, 2021 16 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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Proposed Sri Lanka National Policy for Industrial Development: A commentary

Trade and industrial policies complement each other

December 6, 2021 24 min read

Easter Sunday blasts; an issue that the government wants to wish away

Pressure from various groups primarily the Catholic Church for answers rattles the government

Arjuna Ranawana
December 4, 2021 9 min read

Sri Lanka government heading into a perfect storm: Opinion

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

Arjuna Ranawana
November 11, 2021 5 min read

Why the Sri Lanka rupee is depreciating creating currency crises: Bellwether

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

Bellwether
November 9, 2021 27 min read
1

Civet Close Encounters

Midnight Rambler: Sympathy for the Devil in Your Garden

Mark Hager
October 29, 2021 8 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

Bellwether
September 16, 2021 18 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

Bellwether
August 18, 2021 19 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

Bellwether
August 13, 2021 5 min read

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

Mercantilist fallacies have devasted countries at peace

Bellwether
August 11, 2021 21 min read

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

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

Nipuna Kumbalathara.
July 31, 2021 7 min read
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