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Message: <blockquote data-quote="monson" data-source="post: 29757850" data-attributes="member: 30005"><img src="https://i.imgur.com/xoH6OqH.png" alt="" class="fr-fic fr-dii fr-draggable " style="" />[/SIZE][MEDIA=facebook]id=904198050994853;type=v[/MEDIA][MEDIA=facebook]id=556326933128155;type=v;user=pathiraja.dhammika[/MEDIA][MEDIA=facebook]id=520407619892765;type=v;user=100073309013443[/MEDIA][MEDIA=twitter]1631876104956018688[/MEDIA]<img src="https://i.imgur.com/HNJLrtc.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="https://i.imgur.com/zxtuwBE.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Sri Lanka has a bloated public sector and loss-making state enterprises which the influential Marxists Janatha Vimukthi Peramuna (JVP) and previous Rajapaksa regimes have opposed privatizing.SOEs are stuffed full of political appointees and are also used by line ministers to get vehicles outside their official allocations.The public sector is also bloated with unemployed graduates each year, a strategy also popularized by the JVP which was picked up by then President Mahinda Rajapaksa from 2005 as an election winning strategy.- <a href="https://economynext.com/sri-lanka-tax-payers-look-to-tighten-belts-further-or-migrate-as-progressive-taxes-bite-107768/" target="_blank">https://economynext.com/sri-lanka-tax-payers-look-to-tighten-belts-further-or-migrate-as-progressive-taxes-bite-107768/</a>Sri Lanka’s JVP economic pillars questioned as forex shortages, default risks worsenECONOMYNEXT – Three key policy pillars articulated by the Janatha Vimukthi Peramuna from 2001-2004 and embraced by a mainstream politician Mahinda Rajapaksa’s administration in 2005 are being questioned, as the country runs out of forex reserves amid money printing.From 2005, Sri Lanka halted privatization, started recruiting tens of thousands of unemployed graduates into the public service every year with lifetime pensions, bloating an already bloated public sector and denying any benefit of a peace dividend to the country.Sri Lanka also abandoned a price formula for fuel that had helped keep the rupee stable and inflation low from 2001 to 2003 even as global commodity prices went up from the ‘mother of all liquidity bubbles’ fired by the Federal Reserve from 2001.From 2001 to 2003, state workers fell from 1.164 million to 1.043 million. By 2020, the public sector cadre has grown to 1.58 million with another batch of 53,000 unemployed graduates being shovelled tax money.....The JVP and statist-nationalists mainstreamed the ideology by describing privatization as ‘selling national assets’ and as the public became more aware of SOE and corruption of political appointees and consultants running them, ‘selling to foreigners’.- <a href="https://economynext.com/sri-lankas-jvp-economic-pillars-questioned-as-forex-shortages-default-risks-worsen-89221/" target="_blank">https://economynext.com/sri-lankas-jvp-economic-pillars-questioned-as-forex-shortages-default-risks-worsen-89221/</a>Sri Lanka started to expand the state giving jobs to unemployed graduates under a policy articulated by the Janatha Vimukthi Peramuna from 2001 to 2004 and was co-opted by ex-President Mahinda Rajapaksa’s ‘Rata Perata’ economic framework to defeat current President Ranil Wickremesinghe.The JVP at the time slammed Wickremesinghe for ‘raj-ya sevaya kappadu kireemer’ (trimming the state service) which was embraced by the urban intelligensia who developed the Rata Perata economic framework.- <a href="https://economynext.com/money-to-pay-sri-lanka-state-salaries-on-january-25-mostly-found-minister-110004/" target="_blank">https://economynext.com/money-to-pay-sri-lanka-state-salaries-on-january-25-mostly-found-minister-110004/</a></blockquote>

Verification: Haya warak paha keeyada? (haya wadi kireema paha)

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