Naveen Gunawardane

Portfolio Manager, Particle Physicist and ancient history buff.

All comments are my personal views.

[Naveen Gunawardane @NaveenGunawar]

@steve_hanke I say, Stevie old boy, the target is actually
5% +/- 2%.

[Naveen Gunawardane @NaveenGunawar]

@harshap Excellent initiative!

[Naveen Gunawardane @NaveenGunawar]

Presume that means this chap does not have a smart phone, an iPad, a computer, an email account or any social media account. If he does, he has already given his personal data to a foreign company. If he has enabled fingerprint access on any of these, then he has already given his biometic data as well. If he has travelled to any country where biometric data is taken on arrival, they he has already given his biometric data to a foreign government.

[Naveen Gunawardane @NaveenGunawar]

@anushwij With grammar checking off!

[Naveen Gunawardane @NaveenGunawar]

@NewsWireLK The IMF DSA is based on a growth of 3%.

[Umesh Moramudali @UmeshMoramudali]

This is wrong. The estimated gov revenue from vehicle imports for 2025 is Rs. 428 billion. The estimated figure was presented to the COPF on 5 May. 230 bill is expected to be raised through Excise duty on motor vehicles, and 200 bill estimated revenue from custom duty, VAT etc

[Naveen Gunawardane @NaveenGunawar]

@NewsWireLK Looks like so called the socialists are becoming capitalists and the so called capitalists are becoming socialists :)

[Dhananath Fernando @dhananath]

At the CoPF meeting, it was revealed that the Agri Ministry's paddy data was incorrect. Prices signal shortages & surpluses—when the ministry misled that we had enough paddy, prices showed a shortage, pushing them up. This is why price controls fail. We shouldn’t play with prices

[Naveen Gunawardane @NaveenGunawar]

@numberslka What about tourists? Do they also need to get approval from "TRCSL, Sri Lanka Customs, and other government bodies" to get their phones working in SL?

[Naveen Gunawardane @NaveenGunawar]

@DumindraR @ShavinWijetunge @ManikkageYasuni Agree. Anyone who calls 1990 a white elephant is an imbecile.

[Naveen Gunawardane @NaveenGunawar]

Sri Lanka's ERP: 18.12% assuming Ca. I would personally go with an ERP of 12.94% assuming Caa1.

[Aswath Damodaran @AswathDamodaran]

Following up on my US ERP estimates, here are the 2025 updates for global equity risk premiums. Take with a grain of salt, since these premiums are based upon sovereign ratings and country risk scores. Webpage; https://t.co/wy8WGu8WcI ERP spreadsheet: https://t.co/3VcH9kYUhD

[Naveen Gunawardane @NaveenGunawar]

@advocatalk All the best for 2025 @murtazajaff @dhananath and team! Keep up the great work you are doing.

[Naveen Gunawardane @NaveenGunawar]

@Economynext "bringing back criminals who are living in other countries in a move to curb crimes..."

@NewsCurrySL looks like you have a new competitor!

[Naveen Gunawardane @NaveenGunawar]

@dhananath @Economynext Thanks to the MMT chaps, even the "home made" Christmas cakes are expensive...

[Naveen Gunawardane @NaveenGunawar]

@Dailymirror_SL Utter waste of tax payer money!

[Talal Rafi @talalrafi7]

Facts Sri Lankans should know. 1 in 3 Sri Lankans are under the poverty line & half of Sri Lankan families find it hard to have 3 proper meals. But a staple food, rice (imported) is taxed around Rs 60 a kilo. But Parliamentarians and doctors have been able to import vehicles duty free for years. I can't find words to describe this.

Import tariff on rice is an indirect and regressive tax on the poor as a poor family and a rich family consume roughly the same amount of rice. While a duty free car import permit for a parliamentarian or doctor is a subsidy for the rich as Parliamentarians (at least of the past parliaments) and doctors are considered well off compared to millions of Sri Lankans. This is like robbing from the poor and giving handouts to the rich.

Let's be very clear, a subsidy is a hand out of govt money. Why were parliamentarians given tax free imports of vehicles while poor families have to pay taxes on imported rice (around Rs 60 per kg) which makes the rice price go up by around 30% price?

President Anura Kumara Dissanayake stating in September that he will altogether stop duty free vehicle permits for MPs is excellent. But at the same time, Sri Lanka has some of the highest food taxes in the world. Hope the new government can reduce the food taxes as more than anything else, it is essential that all Sri Lankans can have proper meals. Lack of proper meals affects young children which can have a permanent effect on their education and health for years to come.

[Naveen Gunawardane @NaveenGunawar]

Absolutley disgusting indeed. But then again, should we be surprised?

Purgamentum init, exit purgamentum

[Yasuni Manikkage @ManikkageYasuni]

It's nauseating to read this when we know how much suffering & how many procedures our transplant patients go through to get approval for even a few lakhs of rupees from the President's fund.

I'm absolutely disgusted that these are the types of people we choose to represent us.

[Naveen Gunawardane @NaveenGunawar]

Congratulations and thank you to all who worked hard to make this happen, inspite of the constant critisism. Thank you also to new administration for ensuring the deal went through. @CBSL
@mahindasiriwar6 @RW_SRILANKA

Sri Lanka Bondholders Back $12.6 Billion Debt Restructuring https://t.co/vQDDeAvql6

[Dhananath Fernando @dhananath]

🍚🌾 When people stand in lines for rice, a 50% tax on imported rice is cruel and unjustifiable. If food security is the goal:

1️⃣ Remove price controls

2️⃣ Adjust Aswesuma payments to offset price increases from lifting controls

3️⃣ Slash import duties on food items

[Naveen Gunawardane @NaveenGunawar]

Anyone know the reason for the crazy traffic jam on Horton Place towards Rajagiriya? Been stuck here for an hour.