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…
China Export-Import Bank has become the first of Sri Lanka’s bilateral lenders to finalise foreign debt negotiations. Meanwhile diplomatic relations continue to evolve with the election of Sri Lanka’s new government. Find out more on these latest developments in the third issue of the Sri Lanka – China Economic Brief.
“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…
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…
To provide clarity on Sri Lanka’s economic trajectory in an accessible manner, Arutha conducted its first civic education program open to members of the general public on 29 August 2024. The event was held at the Lakmahal community library, and was an interactive session centred on the recent economic crisis, exploring its causes and implications…
Yolani Fernando and Umesh Moramudali from Arutha recently contributed to the report, The Political Economy of Debt, funded by The Asia Foundation. This publication focuses on the political economy of South Asian nations and its effects on public debt dynamics. The chapter on Sri Lanka delves into the structural issues that led to the country’s…
Debt negotiations are nearing their end and elections are fast approaching. How have China-Sri Lanka relations evolved amid shifting political and economic landscapes? This is the second instalment of a series where we delve into the relationship between the Sri Lanka and China in the backdrop of the debt restructuring negotiations following Sri Lanka’s first…
Arutha together with Factum completed the first phase of our economic journalism training with several sessions for local media platforms across the country including News19, DreamSpace Academy, Mojo News, Newswire and Hari TV. These were carried out in English and Sinhala languages. The trainings covered Sri Lanka’s latest economic crisis, current developments as well as…
This is the first instalment in a series of publications that take a deep dive into the relationship between the Sri Lanka and China in the backdrop of the debt restructuring negotiations following Sri Lanka’s first ever sovereign default. This issue of the Sri Lanka-China Economic Brief takes a look at several key areas including…
How has Sri Lanka fared 2 years since the worst economic crisis in its recent history? We compiled a list of the major policy developments in the country so far to see what has been achieved and where Sri Lanka maybe heading next.