According to the new GDP series, GDP growth for Q1-2012 and Q2-2012 came in at very high levels of 16.1% and 9.2% respectively, pushing up the overall growth rate for the year to 9.1%. The GDP growth for 2013 slowed down significantly to 3.4% and, 4.5% in 2014. The volatility in the new growth figures have caused confusion and ...
The U.S. wanted the ouster of Rajapaksa because of its orientation to China which was an obstacle to Obama's Asia Pivot policy.Those who worked very closely with American foreign service officers (FSOs) from the eighties through the turn of the millennium were aware that the United States never wanted the secessionist Tamil Tiger movement totally annihilated; it wanted it to ...
Why have you kicked out progress made over the last 5 years? Do you still think you made the right choice?All nationalistic leaders have suffered dearly at the hands of the West. As they do not want domestic economic solutions apart from their liberal economic policies. Do wake up ...its not too late to undo what you have done.
Sri Lanka has seen it's share of bad leaders over the 67 years of independence. Many who ruled in the 1990's convinced the country that defeating terrorism is not a valid proposition and that federal government is the best way for a country like ours. We too were convinced that this ideology was just and a way forward.In 2005 came ...
Ranil and UNP contested 30 times and they all failed to win a single mandate. Ranil also contested 3 Presidential Elections, 2005, 2010 and 2015 and did not win a mandate. In 2010 and in 2015 he used two non-UNP candidates to muster a win. In 2010 that plan failed miserably. In 2015 he did so again, this time too ...
Kottamalli economist Harsha de Silva, Iligal immigrant and Bond Banda Ajun Mahendran along with Karunga puwak financial analyst Ravi K have ensured that you and the whole country pays a huge cost by their neo liberal and incompetent actions to depreciate the rupee. You lose while their henchmen win.Here is how they have made you pay for voting them into ...
In the past 6 months Ravi Karunanayake and Harsha de Silva have managed to make sure that you and the whole country pays dearly. The mismanagement of the economy is evident in the recent foreign reserves data of $6.4 billion or 3.8 months of imports, rising external debt cost of 6.125%, domestic debt increase of $216 billion (in the first ...
The Hambantota port project was a long overdue long term investment. The investment in the southern port was done with the intention of providing employment and capturing of significant foreign exchange revenue from fuel bunkering and transhipment facilities. This was discussed and debated during the 2002 government of Chandrika and Ranil but it did not get the required leadership and ...
In 1984, a feasibility study prepared by Japan International Cooperation Agency recommended the construction of an expressway to the east of the existing Colombo-Negombo road. The proposal was accepted for implementation by President Premadasa in 1989.Estimated cost: Rs. 5,544 million or $ 110 million in 1991. The route was finalised, designed, and ready to be commenced when President Premadasa’s demised ...
