Serious questions on the so-called Rebuilding Sri Lanka Fund.
Despite collecting billions in donations for cyclone victims, this fund still doesn’t legally exist. Money sits in a general Treasury account with no proper oversight or audit trail.
Where is the accountability? Who is tracking the funds? Why hasn’t @Parliamentlka approved it as a statutory fund?
We demand transparency for public money and the people affected.
#SriLanka #RebuildingSriLanka #Accountability #PublicFinance
I am genuinely exhausted by influencers confidently promoting health related nonsense,with no formal training & no sense of responsibility.
Recently came across a Sri Lankan influencer recommending cooking in cast iron pans as a “treatment” for anemia!
What concerns me even more is the number of educated individuals uncritically agreeing with such advice.
There must be checks & balances for influencers who share unverified health information, particularly when it can mislead vulnerable people.
Sri Lanka’s official reserve assets increased by 1.6% in May 2026, reaching USD 6.873 billion, according to the latest data released by the Central Bank of Sri Lanka (CBSL).
D: https://t.co/brxpXReTR6
Sri Lankan disability rights advocate Nilshani De Silva has been selected to represent Sri Lanka at the 19th Session of the Conference of States Parties to the Convention on the Rights of Persons with Disabilities (CRPD) at the United Nations Headquarters in New York.
D: https://t.co/cWuJZoRqy9
Sri Lanka will face fresh tariff troubles this year with its exports to its top export market - the United States. The United States has proposed a new tariff of up to 12.5% on imports from Sri Lanka and 59 other economies following investigations into whether countries have adequately prohibited imports produced using forced labour.
This means that, according to the US investigation, Sri Lanka has not taken adequate steps to prevent goods that maybe produced using forced labour from being imported to Sri Lanka. Where the US feels this is the case, the United States Trade Representative is empowered to take action to correct such problems.
This proposal is not yet finalised and follows repeated attempts by the Trump administration to disrupt trade flows with the use of tariffs. Last year, President Trump's 'Liberation Day' tariff announcement shocked the global economy, but were later struck down by the US Supreme Courts as being unconstitutional.
This new proposal suggests that the Trump administration is looking for alternate legal paths to impose its tariff.
Laws not passed by AKD yet:
1) Online Safety (Repeal) Act
2) Prevention of Terrorism (Temporary Provisions) (Repeal) Act
Laws passed during Sirisena (basically, RW)
1) Nineteenth Amendment to the Constitution
Do your homework @VeriteResearch.
Numbers mean zilch.
Will this be used close to elections (if declared) to provide "relief" to the affected families or is there any plan, even now, to make it a statutory fund and to immediately start spending in a legal, accountable manner for the purposes the monies were solicited?
It's much worse than #MediaLK's under-reporting: "Nearly 300 #lka monks have been accused of abusing children in the last 3 yrs, leading to charges against nearly 30 of them, child protection agency has disclosed..." Timely story by @sarojpathi & @OCCRP
https://t.co/TdKrS6MFg1
Remeber the outrage over the porn link in a text book?
Every political leader and their mothers son had an opinion.
Below is the outrage over the alleged rape of a minor by a powerful priest from all major leaders of political parties including the NPP.
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Yeah... I count find any either. Please share if you find any.
#SriLanka
2026 at a glance: 100bps of policy rate hikes. USD/LKR at 360. Inflation hit 7%?
SCB Research has sharply revised its outlook:
• Inflation: 2026 average at 5.5% (from 4.5%), expected to hit 7% by Sep 2026
• @CBSL Policy Rates: 100bps of rate hikes projected in 2026 (previously expected to remain on hold). Hikes expected in May (50 bps), July (25 bps) and September (25 bps).
• Exchange Rate: end-2026 USD/LKR forecast revised to 360 (from 325)
• Interest Rates: end-2026 1Y T Bills projected at 9.75% (previously 8.25%) and 5Y T Bonds at 11.75% (previously 9.50%)
These forecasts appear quite hawkish and, in my view, somewhat extreme.
But given what we’ve seen over the last couple of months - especially the Middle East tensions and their ripple effects on our economy - all bets are off!
Where do you think inflation, policy rates, USD/LKR, and interest rates will end up in 2026?
Importers may have paid up to Rs 370 per dollar during last week’s FX market panic, @CBSL chief Nandalal Weerasinghe says. He urges consumers not to buy overpriced imports and to let importers absorb the high FX rate hit. The CB’s 100 bps rate hike has helped calm the market.
The JMO’s report concluded that the child had been raped over a long period of time. The NCPA told the court that even as recently as April 27th the police had failed to name any suspects.
https://t.co/VtM4JAPP1E
The LC opening numbers revealed by Dr. Anil Jayantha:
May 07: USD 2.6 million
May 08: USD 4.6 million
May 11: USD 3.8 million
May 12: USD 4.28 million
May 13: USD 8.36 million
May 14: USD 11 million
May 15: USD 23 million
May 18: USD 17 million
Last two days seem odd!