By Umesh Moramudali
Alliance for Economic Democracy (AED) is an organization formed by a group of persons who insists upon the importance of economic justice. Ceylon Today interviewed Ahilan Kadirgamar, a member of the AED, who in the course of the interview insisted how the possible outcomes of the IMF Agreement hurt the ordinary people of the country. Very often, when tax increases are suggested it is the indirect tax such as Value Added Tax (VAT) that increases, which hurts the public. Most importantly, in Sri Lanka 80 per cent of tax revenue come from indirect taxes such as VAT. That means the ordinary people will pay for it. It seems that, it is the ordinary people who pay for the government’s economic mismanagement, of the country. Continue reading “The government is not thinking of any alternative”: An Interview with Ahilan Kadirgamar
It is one year since Sri Lanka witnessed a dramatic regime change and the country has just stepped into a make or break year. How it crafts its political and economic vision now will profoundly impact its future.
Exactly a year after his election, President Maithripala Sirisena has initiated a welcome process to rewrite the country’s constitution. The Government is also moving ahead on transitional justice processes to address the UN Human Rights Council resolution unanimously adopted in September last year. However, progress on both the constitutional and transitional justice fronts, which seem to have the consensus of both the President and Prime Minister RanilWickramasinghe coming from historically opposing parties, depends to a large extent on the country’s economic future. Given the President’s affinity to the rural economy and the Prime Minister’s championing of economic liberalisation, the new economic reform agenda is likely to shape the path of regime consolidation and influence the stability of the Government. Continue reading Sorrows of the Lankan Economy By Ahilan Kadirgamar