Sri Lanka has witnessed many political insurrections, a 30-year ethnic conflict, and class struggles up until the most recent people’s resistance (Aragalaya). In each of these uprisings, the oppressed communities sought justice. Or equality, in other words. Against this backdrop, it is quite apt to remember Nelson Mandela, an individual who was determined to end the apartheid era and bring about a multiracial democracy.
The month of July has had an uncanny relationship with landmark events in recent Sri Lankan history. The latest took place only last year. A cataclysmic mass movement (“Aragalaya”) resulted in an elected President fleeing the country and being replaced in an unprecedented manner by one whose party had been comprehensively defeated in the preceding parliamentary elections. However, the truly epoch-making series of events took place way back in
Just a few years ago, the health service in our country was among the best in the world. Our country provided free medical examination, hospitalisation, and medicines, not only to all of our citizens but even to foreign visitors irrespective of their wealth or social standing. The medicines provided were of high quality.
Our country is gradually pulling itself out of the financial crisis of yester-year. Even though the foreign debt restructing process is not complete, government has pushed ahead with the domestic debt restructuring....
A year ago, on July 9th, hundreds of thousands of Sri Lankans, dispossessed by the economic destruction unleashed by a government they elected not long ago, descended on the Capital, Colombo. They stormed the President’s House while President Gotabaya Rajapaksa was hurriedly evacuated to a waiting naval ship. Three days later, Rajapaksa resigned
Speaker Mahinda Yapa Abeywardena on Thursday named a 14-member Parliamentary Select Committee (PSC) under the Chairmanship of MP Sagara Kariyawasam, the General Secretary of the ruling Sri Lanka Podujana Peramuna (SLPP), to probe the country’s financial bankruptcy.
July 2023 marks the 40th anniversary of ‘Black July,’ acknowledged as the most horrific episode of ethnic violence in Sri Lanka. Around 300-450 lives were lost, more than 40,000 people were reduced to refugee....
Our country’s external debt obligations in 2022 exceed US$7 billion. But the country’s forex reserves as of March 2022 is just US$1.6 billion. In April, the country announced a default on all its foreign debt and said it would seek an IMF bailout.
The private sector workers of Sri Lanka are required by law to transfer 23% of their incomes to the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF) every month, towards their retirement savings. The EPF is managed by a special division within the Central Bank of Sri Lanka (CBSL), and the Monetary Board of CBSL is tasked with overall stewardship of the Fund.
Parliament on Saturday approved a domestic debt restructuring program that would rework nearly half of the country’s US$ 42.1 billion domestic debt. The plan covered US$ 19.5 billion of Domestic debt in Treasury...
Sri Lanka’s tourist arrivals surpass 2 million in 2024
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Moody’s raises Sri Lanka’s rating
ASPI crosses the 15,000 mark for the first time
Fight against mosquito breeding on Global Pandemic Preparedness Day
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