Author Archive for Sugath Kulatunga

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Sunday, August 14th, 2022

Sugath Kulatunga Impact of Corvid 19 on the Dollar crisis Diehard critics of the government ignore the impact of Corvid 19 on the foreign exchange earnings of the country. In 2020 worker remittances were 7.1 billion dollars and Tourism earnings in 2018 was 4.4 billion dollars. If we had this revenue even without an increase, […]

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Genesis of the the Export Development Board (EDB)

Tuesday, August 9th, 2022

Sugath Kulatunga In January I wrote on FB that I would take up the genesis of the EDB. But other than in bits of anecdotes where I dealt with a few salient developments of the institutional history I had not attempted a comprehensive cover of the fascinating story which is given below. When the Additional […]

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22 nd Amendment

Monday, August 8th, 2022

Sugath Kulatunga Since the devaluation of the rupee in early March, five months have lapsed without any positive plan of action to address the problem of the dearth of dollars. People have died in queues; severe scarcities have arisen in essential goods and inflation has galloped over 70 percent. In brief the country has undergone […]

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Unheard Voices of Youth and Women, The Referendum and All-party government.

Sunday, July 31st, 2022

Sugath Kulatunga In the present system of governance there are two deep rooted shortcomings which have surfaced frequently, but no acceptable solution has been found. The explosive issue of the neglect of the voice of youth was addressed partially after the 1971 JVP insurgency, but practical mechanisms have not been institutionalized to meet the concerns. […]

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Go for Oil and Gas

Wednesday, July 27th, 2022

Sugath Kulattunga It is sad to see the long never-ending queues for fuel and gas. Already the queues have claimed 25 lives. There is no light at the end of the tunnel that the supplies of gas and fuel would improve in the near future. The lost to the economy in the impact of the […]

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In defense of the Presidential system.

Monday, July 18th, 2022

Sugath Kulatunga With the exceptional success of the Aragalaya protests many politicians and academics have developed and aversion to the Presidential System of Government. (PSG). But Aragalaya hostility was not on the PSG but against Gotabhaya Rajapakse and of course the Rajapakse clan which is now extended against Ranil W. Many parties tried to read […]

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The Tragedy of Export Development

Thursday, July 14th, 2022

Sugath Kulatunga A positive contribution of the JR regime was the establishment of two lead institutions on investment and export namely the Greater Colombo Economic Commission (GCEC) and the Export Development Board (EDB). It must be noted that the concepts on these institutions were developed during the previous SLFP government. The EDB was not limited […]

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The dollar crisis

Tuesday, July 12th, 2022

Sugath Kulatunga In early March this year the Sri Lanka rupee was devalued by about 15% against the dollar. Since then, we have had a fuel and gas crisis and the escalation of all prices of essential commodities. The economic crisis led to Cabinet reshuffles several times and the resignation of the Prime Minister in […]

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The Need for a Pre audit

Friday, June 24th, 2022

Sugath Kulatunga Professor Charitha Herath is doing an excellent job as Chairman of COPE and deserves the accolades and thanks of the public for this performance. He calls a spade a spade and has already made a few upstarts of high posts admit their mistakes. He is even prepared to propose changes in the Standing […]

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Crises in Fuel and Gas

Tuesday, June 21st, 2022

A denizen of Colombo 5 The fuel and gas crises continue unabated. People stay in unending queues not for hours but days without drinks or food. A few have died in the queues and the crowds are becoming to be restless and violent. There is no light at the end of the tunnels. This tragedy […]

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Grow More Food

Thursday, June 9th, 2022

Sugath Kulatunga It is gratifying to see that the grow more food campaign is on the move. The media has something more than the Aragalaya to talk about. But it seems to be ad hoc and not well planned as a national campaign. We have over 20 distinct agroclimatic zones with their distinctive advantages. Of […]

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