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How will the US-Israel war on Iran affect Sri Lanka?
The impact of the war depends on how long it lasts and how far it spreads; if it ends in a few weeks, stability can return in a few months. If it continues for months, it will take years for the global economy to stabilise.

Rehana Thowfeek
7 days ago




New Microfinance Bill Regulates, But Doesn't Protect Enough
The Microfinance and Credit Regulatory Authority (MCRA) Bill 2025, is legislation which introduces a consolidated regulatory framework to govern Sri Lanka’s microfinance and moneylending sectors. By repealing the Microfinance Act No. 6 of 2016, the Bill establishes a more empowered statutory authority with expanded supervisory, licensing, and enforcement capabilities. Arutha’s latest brief analyses the latest Bill and whether it does enough to protect the most vulnerable.

Team Arutha
Feb 20


The Forum with Rehana Thowfeek
Economist, Co-Founder and Director of Arutha's Civic Education Initiatives, Rehana Thowfeek spoke to Ruwandi Perera from LMDtv.

Team Arutha
Feb 13


New collection strategies to strengthen tax compliance
Arutha Executive Director Yolani Fernando speaking to The Morning, commented on new collection strategies to strengthen tax compliance.

Team Arutha
Feb 13


Chinese SOEs in Sri Lanka: Understanding how they operate, adapt and compete oversees
This report examines how China’s SOEs have operated and evolved in Sri Lanka over the past two decades.

Team Arutha
Feb 13


Focus on Governance, Economy and Human Rights in Times of Disaster
Executive Director of Arutha, Yolani Fernando shed light on the current economic situation following Cyclone Ditwah.

Team Arutha
Feb 13


Sri Lanka – China Economic Brief: Key Developments & Trends, 2023–2025
China remains central to Sri Lanka’s economic and diplomatic landscape, particularly in the aftermath of its sovereign default. The debt restructuring process underscored China’s dual role as both a bilateral and commercial creditor, while trade and investment links highlight a structural asymmetry — Sri Lanka imports heavily from China but exports little in return.

Team Arutha
Jan 31


Will reducing the VAT threshold to Rs 36 million lead to an increase in prices and inflation?
While many fear that reducing the VAT threshold to Rs 36 million will cause inflation, Sri Lanka's recent history with VAT threshold reductions have proven otherwise. Read the latest op-ed on VAT threshold reductions by Arutha Director Rehana Thowfeek.

Rehana Thowfeek
Dec 3, 2025


Wage hike or hidden subsidy? Government removes employers’ responsibility
The government’s Budget 2026 proposal to subsidise part of plantation worker wages raises questions on fairness, employer responsibility and accountability. Arutha’s latest brief analyses the impact and practicality of this proposal.

Team Arutha
Dec 1, 2025


Decoded: Debt Restructuring of USD 175 million SL Airlines bond reached in principle, however further reforms needed
GoSL has reached an 'agreement in principle' with creditors to restructure a USD 175 million bond issued by Sri Lankan Airlines (SLA).

Team Arutha
Nov 27, 2025


Budget 2026 announces phasing out of para tariffs but forecasts growing revenue collections from PAL, CESS and SCL till 2028
Signals a mismatch between announced policy and revenue projections.

Team Arutha
Nov 27, 2025


Decoded: Claims about Sri Lanka’s default and IMF timeline are inaccurate
JVP General Secretary Tilvin Silva’s claims on the timeline of Sri Lanka’s sovereign default its seeking support from the IMF is inaccurate.

Team Arutha
Nov 26, 2025


Full benefit of VAT removal on locally-produced liquid milk and yoghurt is not passed onto consumers
Prices should have reduced by 15%, but in reality only reduced by 6%.

Team Arutha
Nov 20, 2025


Budget 2026 projections cloud para-tariff phase-out, Arutha warns
"If revenue from PAL, CESS and SCL are expected to grow every year until 2028, signaling a clear mismatch between the hashtag#budget2026 policy announcement and the numbers underpinning the budget".

Team Arutha
Nov 19, 2025


TPA backs wage hike but calls for clear implementation – Barath Arullsamy
The Tamil Progressive Alliance (TPA) has expressed support for the 2026 Budget’s proposed daily wage increase for plantation workers, while urging clear implementation and wider structural reforms.

Team Arutha
Nov 15, 2025


AKD targets 7 percent growth, critics identify policy and implementation barriers
“In some ways you want a boring budget,” says Yolani Fernando, an ex-Treasury staffer who now heads Arutha, a think tank. “On the fiscal side, this budget is boring. That's a good thing. It means there is policy continuity. The rest of it isn’t bold. You're staying on the track, going as fast as you were in the past. But that’s not going fast enough for seven percent growth.”

Team Arutha
Nov 14, 2025


NPP’s Budget 2026: Cautious where it should be, but not bold where it could be
Is Budget 2026 bold enough for a 7% GDP growth target? Rehana Thowfeek analyses #Budget2026 from the lens of structural economic reforms covering tax administration, public sector, SOE and trade reforms.

Team Arutha
Nov 14, 2025


අයවැයෙන් බදු ප්රතිපත්තියේ වෙනසක්?
අද අපි කතා කළේ නොවැම්බර් 7 වැනිදා පාර්ලිමේන්තුවට ඉදිරිපත් කිරීමට නියමිත 2026 වර්ෂය සඳහා වන අයවැය ගැන. මේ ගැන කතා කරන්න Neon සහ Arutha team එකත් එක්ක එකතු වුණේ මහාචාර්ය රොහාන් සමරජීව.

Team Arutha
Nov 12, 2025


Decoded: Need for independent oversight of EPF
The EPF should be managed by an independent institution whose primary objective is to promote the best interest of its contributing members.

Team Arutha
Nov 11, 2025
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