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    Sri Lanka

    Finance and Economy

    Sri Lanka Seeks BRICS Membership and New Development Bank Access

    Sri Lanka’s potential membership in BRICS and the NDB aligns with its broader strategy of integrating into global trade frameworks. The country has been...
    OWSA Contributor -
    Democracy

    Sri Lankan Provincial Governor Resigns Following Meeting with Indian High Commissioner; Pledges Support to Opposition Leader

    As Sri Lanka approaches the presidential election, the resignation of Governor A J M Muzammil and his support for Sajith Premadasa could influence the...
    OWSA Contributor -
    Corruption

    Election Monitors Raise Alarm Over State Resource Misuse in Sri Lanka’s Presidential Campaign

    Transparency International Sri Lanka has raised issues regarding public officers in senior roles, who are legally restricted from political activities, actively participating in campaigning...
    OWSA Contributor -
    Agri-business

    Sri Lanka Faces Rising Child Malnutrition Amid Controversial Import Tax Decisions

    Amid the economic challenges, State Minister for Finance Ranjith Siyambalapitiya introduced new regulations aimed at addressing corruption in the cereal import sector. Previously, import...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka’s High Alcohol Taxes Spur Surge in Illicit Consumption

    The tax burden on alcohol has significantly increased. As of July 1, 2023, taxes on absolute proof alcohol were raised from 5,000 rupees to...
    OWSA Contributor -
    Democracy

    Sri Lanka President Unveils Economic Development Manifesto

    “We are on a pathway to recovery from the chaos of 2022, only I have a plan for the next five years of our journey,” Wickremesinghe said
    OWSA Contributor -
    Agri-business

    FAO’s GAP Programme Boosts Sri Lankan Agriculture Amid Economic Crisis

    Funded by the United Nations Sri Lanka Sustainable Development Goal Fund, the Good Agricultural Practices programme supports vegetable farmers in commercializing their produce and...
    OWSA Contributor -
    Corruption

    Sri Lanka’s State-Owned Enterprises a Drain on Economy: Think Tank

    The IMF’s Governance Diagnostic Assessment identifies state-owned enterprises as high-risk for corruption, with weak management, inadequate oversight, manipulated procurement processes, political interference, and a...
    OWSA Contributor -
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    Bangladesh

    Bangladesh Grapples with Eroding Purchasing Power and Inflation Challenges

    Economists emphasise the need for coordinated fiscal-monetary policy, better inflation targeting, and structural reforms.
    Civil society

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
    Agri-business

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

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    Bangladesh

    Bangladesh Grapples with Eroding Purchasing Power and Inflation Challenges

    Economists emphasise the need for coordinated fiscal-monetary policy, better inflation targeting, and structural reforms.
    Civil society

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.
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