The Embassy of the People's Republic of China in Sri Lanka recognized the Pathfinder Foundation as one of its top 10 partners at a ceremony to mark Chinese New Year and Sri Lanka's National Day held at the BMICH on Friday 17th January. President Mahinda Rajapaksa, Prime Minister D.M Jayaratne, Minister of Health Maithreepala Sirisena, Minister of External Affairs G.L Peiris and Secretary to the President Lalith Weeratunga were among those present at this ceremony. Here Chinese Ambassador Wu Jianghao presents the top 10 partners award to Mr. Milinda Moragoda, Founder of the Pathfinder Foundation.
Category: Economic Dialogue Published on Friday, 24 July 2015 11:30
Subsidies & Controls are a Panacea for Farmers’ woes
The long-term prospect of our agricultural sector is severely constrained by extreme inefficiencies in both markets and public policies. This casts a very heavy burden on all Sri Lankans, particularly the poor and vulnerable. Many of the latter include members of our rural population who are trapped in an unsatisfactory status quo of low-productivity, low-income agricultural activity. This latest Pathfinder Foundation Election Myth Buster seeks to demonstrate how this unwarranted reliance on subsidies and administered prices imposes a heavy burden on the entire population and serves as a drag on the development prospects of our economy and nation.
Last Updated on Friday, 24 July 2015 11:30
Category: Economic Dialogue Published on Friday, 24 July 2015 11:23
Hand-Outs and Subsidies - Who is Left Holding the Bag?
The Pathfinder Foundation in its blueprint on economic reform, ‘Charting the Way Forward: Prosperity for All’, highlighted the following paragraph:
Sri Lanka needs to follow good practice which is being pursued by an increasing number of countries around the world. All hand- outs, subsidies and other welfare measures included in the manifestos should be costed and specific measures should be identified for financing the incremental costs involved. This will enable the voters to assess the financial viability of the promises made by various political parties and to make a clean break from the ‘auction of non-existent resources’ which have characterized party manifestos in the past.
Last Updated on Friday, 24 July 2015 11:23
Category: Economic Flash Published on Thursday, 18 June 2015 10:57
Sri Lanka is once again allowing politics to suppress and postpone urgently needed economic policy reforms. Since independence, time and again political opportunism and short-term political expediency have undermined sound economic policy-making. Politicians have been able to get away with this partly due to the low level of economic awareness among the population. While Sri Lankans are knowledgeable and engaged on political issues, their interest in economic issues is governed by an entitlement culture, which has been fostered by politicians from all parties.
Last Updated on Thursday, 18 June 2015 10:57