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The Pathfinder Foundation Felicitated

Mr.-MM-Receiving-Award2The 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.

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Sri Lanka should immediately establish a Marine Science Research Station on Kachchativu

Last month there were reports in the press that a group of Indian citizens was planning to raise their national flag on the island of Kachchativu to coincide with India’s Republic Day celebrated on 26 January. That threat failed to materialize. February is an important month for another reason. Around that time of the year, both Sri Lankans and Indians from Tamil Nadu will jointly celebrate the St. Anthony’s festival there. Despite the bonhomie atmosphere during the festival season, the small island wedged between Rameshwaram and the Delft island will continue to be a bone of contention between the two countries until the fisheries dispute is amicably resolved.

Last Updated on Friday, 03 February 2017 03:34

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Time for next Generation Rejuvenation of State Owned Assets

The history of State-Owned-Enterprises (SOEs) goes back to British colonial rule. Even after the Independence, ownership and management of commercial enterprises by the state were, justified by the parties identified with socialist ideology. State involvement in businesses increased due to regimes which gained power on a populist agenda. This trend was reinforced by a wave of thinking which advocated insulating developing countries from the vagaries of an international economic system which was dominated by advanced countries and their MNCs. These statist economic policies steadily grew and gathered further momentum in the 1970s when government policy, in the name of socialist or progressive reforms, sought to gain control of the “commanding heights of the economy”. However, Sri Lanka’s production /distribution of goods and provision of certain services, including mass transportation, was rolled back after the election of the J R Jayawardena government in 1977. Successive governments, up until 2005, privatised a considerable number of SOEs. Since then, however, the process has come to a halt. As a result, SOEs still account for a significant share of the economy and their losses and inefficiencies substantially contribute to the retardation of growth and development of the country.

Last Updated on Thursday, 15 October 2015 05:12

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Economic Situation Analysis and need for Urgent Policy Actions

To: H.E. the President                  From: Pathfinder Foundation

      Hon. Prime Minister

The Pathfinder Foundation (PF) at the outset wishes to emphasise the need for the government (the President, the Prime Minister, his Cabinet as well as heads of institutions dealing with key economic sectors) to operate in a well-coordinated and consistent manner. The new government, which, has committed to operate in a consensual spirit (sammuthi vaadi), needs to speak with one voice on necessary and urgent economic reforms. There have been some discordant and inconsistent voices which are a cause for concern. From the beginning, the new leadership needs to send consistent messages to business, especially local and foreign investors.

The new government is expected to begin functioning with the swearing-in of the Cabinet on 4th September. It will have to hit the ground running as there are a number of major issues which require urgent attention. These include important issues, such as responding to the UNHRC Report and Constitutional Reform. However, it is arguable that the most difficult and pressing challenges relate to the economy. These include containing short-term dangers and measures to promote long-term inclusive growth and development.

Last Updated on Thursday, 03 September 2015 04:27

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Pathfinder Beyond The Box A New Economic Vision for Post Covid 19-SL-1




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