In its World Economic Outlook (WEO) released in October, the International Monetary Fund (IMF) estimated the…
Category: Economic Crisis
Crisis-hit Sri Lanka sees record labour migration as rupee collapse, high inflation weigh
Migrant workers in Kuwait, April 2020 ECONOMYNEXT – Sri Lanka saw a record high labour migration…
Sri Lanka cash-strapped state plans 14,000-acre land grab in currency crisis: report
ECONOMYNEXT – Sri Lanka’s agriculture authorities are planning to grab 14,000 acres of paddy, violating property…
Forfeit assets of plunderers of govt., Treasury, and people will pay higher taxes
I have no data to support my contention but I have the suspicion that ordinary people…
40 percent of Sri Lanka’s house holds income drop from Jun to Dec: FAO report
ECONOMYNEXT – Four in every 10 households in Sri Lanka experienced a reduction in their incomes from June…
Prisoners to become farmers in crisis-hit Sri Lanka as rice imports banned By NESHELLA PERERA
Sri Lanka’s prisoners will be trained for modern agricultural practices with international support amid the government’s…
Shock revelations on Sri Lanka ministers’ electric defaults
By NESHELLA PERERA ECONOMYNEXT – Sri Lanka’s ex-ministers have run up massive electricity bills by when they…
Thieves of the soil
The government is determined to allow a rogue foreign company to exploit the Aruwakkalu ilmenite deposit…
At last, select committee to PROBE Economic Killers
KALI Gesture at Woman MP According to news flash and revelations by President, business tycoons…
Children go hungry as food prices soar
By Archana Shukla (BBC) The three-year-old is losing weight and complains of leg pains and weakness. The…
Impoverished Sri Lankans are selling assets, eating less: WFP
ECONOMYNEXT – Sri Lankans thrown into poverty in the worst currency collapse in the history of…
Drug supplies at state hospitals hit rock bottom
By Sujeewa Thathsara Main hospitals in the country only have medicines adequate for a few days,…
Economic hardships force poor families to sell kidneys, racket busted
The Colombo Crimes Division (CCD) uncovered a massive human organ trafficking racket operating at a private…
Over 12,000 kids abandoned in orphanages as parents are drug addicts
More than 12,000 children are currently being abandoned in orphanage homes because their parents are drug…
National demonstration countrywide against rising CoL and budget
Trade unions of top state institutions including Sri Lanka Ports Authority, Inland Revenue Department, Ceylon Electricity…
National demonstration countrywide against rising CoL and budget
Trade unions of top state institutions including Sri Lanka Ports Authority, Inland Revenue Department, Ceylon Electricity…
Healthcare near collapse, but Keheliya downplays crisis By Chrishanthi Christopher
Waiting to collect medicines at the National Hospital pharmacy. Pic by Akila Jayawardana Sri Lanka’s healthcare…
Geopolitical tensions and repaying external debt
On different occasions, information released to the public, regarding our external sovereign debt have not been…