Nishan De Mel

Economists debate over best response to fight COVID-19 while keeping economies less hurt
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Taken from - DailyMirror Two economists recently vacillated between the current suppression strategy practiced by the Sri Lankan government by way of curfews and lockdowns and a mitigation strategy practiced in some East Asian countries to see which offered the...
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People first, economy next, says top economist
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Taken from - DailyMirror By Shabiya Ali Ahlam As Sri Lanka is witnessing its economy coming to an almost stagnant state due to the unavoidable measures taken by the government to contain the coronavirus (COVID-19) outbreak, a leading economist in...
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Budget proposals need to be feasible; Nishan De Mel
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Taken from News1st Budget Proposals advertised in the budget are not implemented because they were not seen as feasible, Verité Research Economist, Nishan De Mel said. De Mel, highlighted the importance of budget proposals to be implemented with detailed estimates...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from DailyMirror Successive governments have failed to come up with a citizens’ budget that entails the necessary insights for the public to understand the viability of the proposals made and to break this recurring inefficient cycle, economic think tank...
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Sri Lanka should set up professional debt management unit: Academic
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Taken from - DailyMirror By Nishel Fernando As Sri Lanka increasingly indicates characteristics of a debt trap scenario, an academic urges the government to consider setting-up a professional debt management unit to manage the debt efficiently. “A typical debt trap...
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“Plan to fail” perfectly sums up Sri Lanka’s power sector crisis
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Taken from - DailyMirror Image courtesy - DailyMirror As the authorities continue to practice the “plan to fail” approach based on outdated planning models incentivised by emergency power purchases, experts and academics warn another power crisis could materialise in 2023,...
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Experts call for clear energy policies
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Taken from - Sunday Observer By Lalin Fernandopulle The energy sector - much like many other sectors in the economy, is in shambles with lack of, direction, consistency and clarity in policy, thereby plunging the country further into the abyss,...
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