Public Utilities Commission (PUCSL) Chairman Janaka Ratnayake, while announcing the schedule for power cut for 9 March says that power cuts are due to lack of fuel and generators, an issue which he did not seem to have realised earlier. The need for additional power generators was lucidly explained by Dr. Tilak Siyambalapitiya in one […]
In the past year, we repeatedly urged the government and Central Bank against holding the dollar at Rs. 200, as it benefitted neither the Government nor the people of this country. Excessive money printing undermined the credibility of the US dollar peg at Rs. 200, as a result vital foreign exchange began to flow through […]
By Harim Peiris Last week witnessed the coming to the fore of the deep divisions within the governing alliance as President Gotabaya Rajapaksa sacked two Cabinet Ministers, Wimal Weerawansa and Udaya Gammanpilla, and laid bare the internal disquiet and dissent within the Government, which had been brewing for quite a while. Concurrently, the 11other minor […]
Udaya Gammanpila and Wimal Weerawansa, two faithful servants of the Rajapaksas, have separated Finance Minister Basil Rajapaksa from the clan and have started condemning him. Why do they spare the big boss who has power to control anyone? Basil is praised by these very people saying he is a master strategist, blessed with a lot […]