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Fuel Pricing Formulae, A vital cog in the wheel – Economists

Experts say keeping price of fuel below the global market determined level is an implicit subsidy that is reflected in CEYPETCO losses and has to be funded by the tax payer. That system primarily benefits the vehicle owning rich, which means the concessions are enjoyed by the...

Trade, investment and able leadership key for Sri Lanka till 2019, despite recent political uncertainties, says Thilina Panduwawala of Frontier Research

Sri Lanka’s economy marked end-2017 with a slew of economic indicators signaling a return to stability. The consensus was that macroeconomic stability was to be maintained and the coalition government with its reform agenda, spearheaded by the Vision 2025 policy formulation,...