Gold Prices in Sri Lanka on December 23, 2025: Latest Rates Amid Global Record Rally
As of December 23, 2025, gold prices in Sri Lanka remain elevated, reflecting the ongoing global surge that has pushed the precious metal to unprecedented highs. According to reliable local sources like IdeaBeam, today’s gold rates show significant levels for both investment and jewelry purposes. This comes as international spot gold trades around $4,400+ per […]
World Bank’s $120 Million Emergency Support: What It Means for Sri Lanka’s Recovery and Public Confidence
A Timely Lifeline for a Country in Crisis On December 15, 2025, the World Bank confirmed up to USD $120 million in emergency support to Sri Lanka, repurposed from ongoing projects. This announcement comes in direct response to the Government’s request following Cyclone Ditwah, the worst natural disaster to hit the country in two decades. […]
Sri Lanka’s Lifeline Abroad: Rethinking Migration and Remittance Policy
For decades the outflow of Sri Lankan workers and the inflow of their remittances have been crucial to the country’s external stability. Today this reality merits a deeper policy overhaul: the flows are large, evolving, and carry both economic benefits and social costs. The Economic Importance Workers’ remittances into Sri Lanka remain a major source […]
Proposed CEB Tariff Hike: Smart Reform or Unnecessary Shock?
Sri Lanka’s electricity pricing debate heats up again. Here’s what the 6.8% proposal means for households, the grid, and the economy. In October 2025, the Ceylon Electricity Board (CEB) proposed a 6.8% increase in electricity tariffs for the final quarter of the year, citing rising operational costs, debt burdens, and the need for cost-reflective pricing. […]
Sri Lanka’s Debt Path After Restructuring: Why Stock Relief Is Not Enough
Sri Lanka has crossed the hardest miles of debt restructuring. Eurobonds were exchanged in December 2024. Bilateral deals have advanced with Japan, India, and others. According to IMF Mission Chief Evan Papageorgiou, only about US$500 million of the US$28 billion “under the perimeter” remains to be finalised. That is real progress. It is not, by […]
International Day for Universal Access to Information: Why Sri Lanka Must Lead on Environmental Transparency
Universal access to information is not symbolic. It is the operational backbone of accountability, climate resilience, and investment certainty. A new global statement issued in Manila on 29–30 September 2025 places environmental information at the centre of the right to know. It urges governments to proactively publish data, strengthen oversight, and remove barriers to timely […]
Essential medicines in Sri Lanka: where the chain breaks today
Sri Lanka still runs a fragile medicine supply chain. Imports account for most items, so any policy, forex, or logistics shock turns into stock-outs at the ward. The crisis of 2022 exposed systemic weaknesses. Many remain. The following map shows the binding constraints today and the quickest levers to relieve them. 1) Planning and demand […]
Corruption: Patterns, Signals, and Systemic Dynamics
Corruption rarely distributes evenly across a public sector. It clusters where discretion, value, and opacity intersect. That triad explains why certain interfaces carry outsized risk compared with routine services. It also explains why public perception often diverges from the locations of greatest fiscal harm. Citizens notice corruption where they stand in queues or meet officers. […]
Rightsizing the Public Sector: World Bank’s Roadmap for Sri Lanka
Sri Lanka’s fiscal crisis has forced a difficult debate: how to balance essential public services with the need to cut spending and stabilise debt. In its Public Finance Review 2025, the World Bank urges the government to “trim” the public sector, not through sudden layoffs, but through a careful process of rightsizing and efficiency reforms. […]
Overhauling Sri Lanka’s Outdated Statistics Law: A Blueprint for Credible Data and Modern Governance
Sri Lanka’s official statistics still rest on the Statistics Ordinance of 1957. That law was written for a world of paper surveys and manual tabulation. In 2025 it no longer supports the country’s need for accurate, timely and trusted data. An overhaul of the national statistics law is overdue. Why the 1957 Law Fails The […]