Subscribe to our WhatsApp Channel Sri Lanka recently signed a Debt Sustainability Analysis (DSA) agreement under the International Monetary Fund’s (IMF) guidance. As the upcoming elections approach, there has been significant social media discussion about the possibility of renegotiating this agreement. Our investigation delves into whether a DSA agreement can indeed be renegotiated. Social Media […]
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In a recent address to the nation, Sri Lankan President Ranil Wickremesinghe hailed the country’s rapid progress in debt restructuring as a truly exceptional feat. He underscored that the transformation from a ‘bankrupt’ state to successful debt restructuring within two years was a remarkable victory that stands out in recent history. The president’s address to […]
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Subscribe to our WhatsApp Channel After recovering from its most severe economic crisis since gaining independence, Sri Lanka has implemented numerous economic reforms and taxation measures to stabilise its economy. However, during this challenging period, social media has become a breeding ground for misleading posts and misinformation about these reforms. This misinformation has contributed to […]
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Subscribe to our WhatsApp Channel Sri Lanka has been steadily recovering from the most severe economic recession in its post-independence era, achieving tangible and relative stability. However, this progress is being undermined by misleading social media campaigns that degrade the country’s efforts and misinform the public about the actual state of recovery. Social Media Posts […]
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Subscribe to our WhatsApp Channel During the tenure of former President Gotabaya Rajapaksa, Sri Lanka experienced its worst economic crisis in its post-independence history. The situation was exacerbated by policy decisions attributed to the Rajapaksa brothers, who held prominent positions in the government. The Supreme Court of Sri Lanka ruled them responsible for these decisions. […]
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දිනපතා සත්ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Sri Lanka imposed a vehicle importation ban a few years ago amid a severe economic crisis and declining dollar reserves. While the economy is on the path to recovery with the removal of import restrictions on some of the items, the ban on vehicle imports persists. […]
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දිනපතා සත්ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Sri Lanka is currently grappling with a severe economic crisis, prompting the government to implement measures like tax increases to boost state revenue. As a consequence, the domestic gas price has also surged, driven in part by a recent Value Added Tax (VAT) increment and some […]
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දිනපතා සත්ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Sri Lanka is currently grappling with ways to overcome its worst economic crisis since gaining independence in 1948. This has prompted the government to increase state revenue through various measures, one such being raising the Value Added Tax (VAT) to 18% from the existing 15%. However, […]
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දිනපතා සත්ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Sri Lanka has been navigating a challenging economic recovery following its worst post-independence crisis in recent years. In the aftermath of the Rajapaksa regime and the subsequent leadership of President Wickremesinghe, the government made some changes in the country’s tax procedure. However, many have not welcomed […]
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On 19 May, the Reserve Bank of India (RBI) announced that it has decided to withdraw ₹2000 currency notes from circulation. What many have dubbed as “Demonetisation 2.0”, the decision has sparked a mixture of excitement, humor, and uncertainty among the public. In this article, we will explore the actual decision made by the RBI […]
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