August 2021

De Facto Rationing of Dollars Arising out of Forex Crisis
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Published on The Sunday Times While Sri Lanka is grappling with the ongoing foreign exchange crisis, ‘rationing’ is taking place amongst letters of credit as those who have the firepower get the benefit while others are deprived of dollars. This...
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Proposed Tax Amnesty: Exercising Caution in Income Generation
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Published on The Morning  Govt. expects $ 500 m income through tax amnesty: Cabraal Important for people to submit their taxable supplies: IRD Chief Amnesties granted on previous occasions have failed: Dr. Wijewardena While the Government states it expects to...
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රසායනික පොහොර නැතිකම වැඩිපුර දැනෙන්නේ කාට ද? – Nishan de Mel on Pathikada
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Executive Director joins Pathikada on News1st to discuss the Farmers' Pulse survey regarding the chemical fertilizer ban in Sri Lanka.
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IMF or No IMF, Sri Lanka Needs Economic Analysis and Plan Going Forward
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Published in The Island Whatever Sri Lanka decides about dealing with its debt and paying its way through the world, the country needs to formulate a very good economic analysis and a publicly-backed plan that will establishc credibility of the...
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Effectiveness of Tax Amnesty in Sri Lanka
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Published in the DailyFT On 9 July 2021, the government gazetted a new finance bill aimed to indemnify individuals who voluntarily disclose their hitherto undisclosed income—that is to a provide a tax amnesty. A tax amnesty is a limited-time opportunity...
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Debt Default Danger: Alarmist or Imminent?
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Published in The Morning LK Will the Government of Sri Lanka default on its obligations to service its mountain of debt over the next couple of years, including two bond repayments of a total of $ 1.5 billion due in...
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Real Question Is Not Whether SL Should Go to IMF or Not
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Published in The Island The real question is not whether Sri Lanka should go to the IMF or not. What is important is going to the IMF with confidence after having analysed the fiscal situation, with a convincing plan, Executive...
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Un SDG on Gender Equality and Women Empowerment Unlikely to Be Fulfilled by SL: Study
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Published in the Daily Mirror Sri Lanka is unlikely to realize by 2030 the United Nations (UN) Sustainable Development Goal (SDG) on gender equality and women empowerment as lack of monitoring and accountability hinders the ability in moving in that...
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Over LKR 300 million spent on Gender-related KPIs, “No Progress” on 10 out of 12
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In 2018, the then Ministry of Women and Child Affairs developed 12 Gender-related Key Performance Indicators (KPIs). These KPIs were developed to ensure that government agencies were committed towards achieving Goal 5 of the United Nations Sustainable Development Goals on...
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CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community
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Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...
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