COVID Economy

Impact of COVID-19 Response on Unemployment in Sri Lanka

by |05 October 202005 October 2020|Interviews & Articles

Goal number eight of the Sustainable Development Goals is set out as “Decent work and economic growth.” This goal recognizes that economic growth is not just an end, but also a means in itself of generating jobs – productive and...

Govt. exceeds borrowing limits by Rs 120 bn

by |15 May 202001 June 2020|Verité in the News

Taken from - news1st COLOMBO (News1st) : The government has exceeded its legal borrowing limits for the first quarter of 2020 by Rs 120 billion, a Colombo-based think tank has said. The Vote on Account, passed in October last year,...

Govt initiatives to reduce interest rates and boost economy

by |17 April 202017 April 2020|Verité in the News

Taken from - DailyNews The government was acting in a manner to boost the economy and to reduce interest rates said, Verite Research Economist Deshal De Mel. He warned that due to a large informal sector the impact of COVID...

Economists debate over best response to fight COVID-19 while keeping economies less hurt

by |17 April 202017 April 2020|Verité in the News

Taken from - DailyMirror Two economists recently vacillated between the current suppression strategy practiced by the Sri Lankan government by way of curfews and lockdowns and a mitigation strategy practiced in some East Asian countries to see which offered the...

Reconvene parliament, carry out more tests to contain COVID-19 in Sri Lanka, ex-legislators say in live online session

by |17 April 202017 April 2020|Verité in the News

Taken from - economynext Select members of Sri Lanka’s dissolved parliament shared their views on the ongoing COVID-19 pandemic today in an unofficial “online parliamentary session” hosted by a Colombo-based private think tank. Among the issues discussed were the government’s...

People first, economy next, says top economist

by |20 March 202020 March 2020|Interviews & Articles

Taken from - DailyMirror By Shabiya Ali Ahlam As Sri Lanka is witnessing its economy coming to an almost stagnant state due to the unavoidable measures taken by the government to contain the coronavirus (COVID-19) outbreak, a leading economist in...