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    Sri Lanka

    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 -
    Animals and wildlife

    Sri Lanka Launches Island-Wide Elephant Census amid Conservation Efforts

    The census comes at a critical time as Sri Lanka grapples with an escalating human-elephant conflict. The encroachment of commercial and agricultural development into...
    OWSA Contributor -
    Finance and Economy

    USAID Announces $24.5 Million Grant to Boost Sri Lanka’s Market Growth and Governance

    The funds will be allocated through a Development Objective Grant Agreement between USAID and the Sri Lankan government. This investment aims to support local...
    OWSA Contributor -
    Democracy

    Sri Lanka’s Tamil Progressive Alliance Backs Opposition Leader Premadasa; Outlines Conditions for Support

    In addition to seeking cabinet positions, the TPA has articulated a broader set of demands in their memorandum of understanding with Premadasa. A key...
    OWSA Contributor -
    Disaster Management

    Sri Lanka Revives Historic ‘River for Jaffna’ Project to Address Water Scarcity

    The project's current iteration includes several phases, beginning with the construction of the main pipeline and related infrastructure. Subsequent phases will focus on developing...
    OWSA Contributor -
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    Latest News

    Cooperatives

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.
    COVID-19

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
    Accountability

    Bangladesh Seeks Three-Year LDC Grace Period to Implement Sweeping Banking and Tax Overhauls

    Bangladesh’s economy faces headwinds including inflation, weak private investment, and global uncertainties.

    Must read

    Cooperatives

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.
    COVID-19

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
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