Politics

CBK's counter strike
on the ISGA

Inside Politics   

By Suranimala 

With the peace process hopelessly stalemated and a severe economic crisis looming large, President Chandrika Kumaratunga was last week planning to set in motion a series of political and legal manoeuvres to overcome the crises even.....

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Economy in a quagmire

By Mandana Ismail Abeywickrema 

The government would have to seriously take stock of the economy very soon. To add to the woes of the  falling rupee and rising world oil prices, the country is beset by a debilitating drought that would make imports of food items like rice inevitable.

The impact of the rapid depreciation of the rupee against the dollar from Rs 98 in February to Rs 104 in August has simultaneously created a cash crisis in the country and increased the cost of living. And given the rising world market prices in oil.......

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