Debt in Sri Lanka refers to the amount of money that the Sri Lankan government and other entities owe to domestic and foreign lenders. Sri Lanka has been facing significant challenges in managing its debt levels in recent years. The country’s public debt has been steadily increasing. The main contributors to Sri Lanka’s debt are: […]

There are the creatures that feast on money,currency notes to be exact, termites and moths are among them. What has reminded us of these ‘money -eating’ beings is a report in a Sinhala daily that termites have damaged many wads of greenbacks worth Rs. 250 million stashed away by a former presidential candidate. The unnamed […]

President Ranil Wickramesinghe’s address to the nation last Wednesday was a clear indication that Sri Lanka’s political establishment is back to as usual in these pre-election weeks. A deafening roar of firecrackers lighted by UNP supporters and RW aficionados plus the ,Kiributh (Milk rice)feasts served in many places by political aspirants looking ahead next year’s […]