In actual fact the foundation for the current economic chaos was laid under the Yahapalana rule when they borrowed as much as USD 12 billion from the international bond market, at high interest rates, with them not even undertaking any developmental works, like the Rajapaksas, or, for that matter, any worthwhile economic activity. We certainly […]

Yahapalana Speaker Karu Jayasuriya’s plea for Indian funding to develop Elapathagama in the memory of the late Maduluwawe Sobitha Thera remains a mystery. In terms of an agreement signed on 14 July, 2017, India provided Sri Lankan Rs 300 mn to develop Elapathagama in the Anuradhapura district. The late Sobitha Thera, a controversial character, spearheaded […]

By Shamindra Ferdinando All Ceylon Buddhist Congress (ACBC) recently launched an inquiry into what it called a state of anarchy prevailing in the country. An Independent Commission set up by ACBC has initiated a comprehensive probe in a bid to establish the circumstances leading to the eruption of public protests against President Gotabaya Rajapaksa and […]

An eye witness piece by Economy Next reporters who share what they saw in July 9 Sri Lankan revolution.