| |

Debt Dynamics in Post-Default Sri Lanka

Byadmin

Speaking at Arutha’s inaugural conference, Debt & Tax Dialogue, Umesh Moramudali highlighted a major shift in how Sri Lanka handles development projects, moving away from costly, non-transparent deals toward competitive, accountable procurement.

This change is also reflected in how Chinese state-owned enterprises (SOEs) now operate in Sri Lanka. Instead of debt-heavy agreements, Chinese SOEs are increasingly engaging in investment-driven projects through standard bidding processes signaling better governance.

Debt Dynamics in Post-Default Sri LankaDownload

Similar Posts

The Case for Bus Rapid Transit Systems: Lessons from the Neighborhood
|

The Case for Bus Rapid Transit Systems: Lessons from the Neighborhood

Byadmin

By Rojie Ekanayake Rojie Ekanayake explores the potential of Bus Rapid Transit (BRT) systems in addressing the long-standing issues in Sri Lanka’s public bus network, namely, poor safety, accessibility and comfort. Drawing on experiences from India and Pakistan, she highlights how BRTs, though promising faster and more efficient travel, can succeed only through careful planning…

Reflections from Visits to the Australian Productivity Commission and the Office of Impact Analysis
|

Reflections from Visits to the Australian Productivity Commission and the Office of Impact Analysis

Byadmin

By Rehana Thowfeek Rehana Thowfeek reflects on her visits to Australia’s Productivity Commission (PC) and Office of Impact Analysis (OIA) in this paper. She contrasts Sri Lanka’s opaque policymaking processes to that of Australia, which enforces a systematic method of policy development that prioritises stakeholder consultations, data and evidence and accountability. A key recommendation she…

5 Priorities For Sri Lanka’s Next Government – 2024
|

5 Priorities For Sri Lanka’s Next Government – 2024

Byadmin

Sri Lanka is fast approaching a Presidential Election against a backdrop of substantial economic challenges, including high living costs, complex debt negotiations, and a range of reforms. Presidential candidates and political parties have put forth several economic policies and campaign pledges aimed at addressing these urgent issues. Regardless of the eventual electoral outcome, it is…

Understanding Wealth Taxation in Sri Lanka: An Introduction
|

Understanding Wealth Taxation in Sri Lanka: An Introduction

Byadmin

As wealth inequality increases globally, sentiments in favour of taxing the wealthiest in society continue to gain momentum. Although Sri Lanka experimented with taxes on wealth shortly after its independence, many of these measures have since been abolished. There are only a few minor taxes on assets at present, and these contribute little to government…

Career & Care: Supporting Women who Power our Economy
|

Career & Care: Supporting Women who Power our Economy

Byadmin

“Career & Care: Supporting Women Who Power Our Economies” is the first issue of the series, Arutha in Focus. This compilation features three articles written by Yenuli Ranaweera and Rojie Ekanayake, originally published in The Morning newspaper, that focus on women in Sri Lanka’s workforce. The articles discuss care work, labor force participation, and the…