The case of electricity prices Power cuts or higher prices ?

This is plain wrong - let me explain. IMF restrictions on tax exemptions stand in the way of attracting FDIs - Breaking News | Daily Mirror dailymirror.lk/breaking-news/… A UNIDO study conducted over a decade ago found that fiscal incentives were not a primary concern for investors. Instead, factors such as economic and political stability, market size, and access to infrastructure were far more influential in investment decisions. See image.

@rangaba Let me help with the maths.
Mannar is one of the best locations in the tropics for wind generation (unique geography) - see (). globalwindatlas.info/en
@rangaba The new machines that can be used on the site would probably have a nazzle (mid point) of 100m, this is 10m taller than what the CEB has. I am told CEB is already getting around 45% (the past 2 years have been below average winds).

Dr. Sharmini Cooray delivered the 73rd CBSL oration yesterday - it was a gem. In baseball parlance not only did she hit a home run but she hit the ball out of the park. She focused on the Need for Good Governance. At many forums there are discussions on governance but the debate is unstructured and not focused. Dr. Cooray puts structure and context to the discussion.

Government will most likely announce a Domestic Debt Restructuring on end Wednesday. Declaring a bank holiday on Friday is the right thing to do for it gives time for market players to digest the ramifications. 1/n It is likely it will be in the form of swap of existing bonds for longer dated bonds (maturity extension) and a bond with a coupon computed based on med inflation rate + real rate + term spread. 2/n

Even after today’s diesel price increase to Rs 289 the price needs to be further increased by Rs 75 😳 and petrol price needs to be increased by Rs 15 - this is to break even There are no USD available even after a 70 percent depreciation