It seems like the PUCSL couldn’t care less about our submissions. We have some of the most absurdly distorted electricity tariffs in the world. Large industrial and hotel consumers on high-tension transformers pay just Rs. 14 per unit, while general-purpose customers are charged

In its submissions, the CEB estimates the average cost of electricity at around Rs. 27 per unit—likely even lower during daytime hours. Yet, the industrial daytime tariff, including for hotels, is set at just Rs. 14. This is significantly below cost. What possible logic is there

The domestic electricity tariff structure is completely irrational. The lowest rate is Rs. 4.50 per unit, while households consuming over 180 kWh pay Rs. 61—13.5 times more. Yet most high-consuming houses have rooftop solar panels and effectively avoid this rate. In contrast,

We've implemented a lot of reckless economic policies in the past—often driven by good intentions, but ending in disaster. A prime example: during the crisis, India gaves us USD 500 million to pay for oil imports, yet we sold diesel and petrol at prices 40% lower than in India.

"The call to diversify Sri Lanka’s export basket is not new; it’s a conversation that has spanned decades." Dhananath Fernando (CEO, Advocata Institute) #SriLanka #Economy #export #Credit

A big salute to Mahinda Siriwardena — a quiet force of brilliance. Often, the kindest man in the room is the smartest

🔴අපිට නීත්‍යානුකූල නොවන දේවල් රජයට නීත්‍යානුකූලයි. #srilanka #economics #development #government #Crisis #SOE #SriLankanAirlines shorturl.at/i82s7 Dhananath Fernando

In 2023, Sri Lanka 🇱🇰 recorded a total Gross Domestic Product (GDP) of LKR 27.4 trillion, with the services sector dominating at 64%, followed by industry 28% and agriculture 9%. The Western Province emerged as the top contributor with LKR 12 trillion, accounting for nearly 44%

Last evening, the Advocata Institute had the honour of hosting Professor Razeen Sally for an insightful discussion on Global Trade, Techno-Nationalism, and the New World Disorder. The event also marked the launch of the Sinhala translation of his thought-provoking book, "නිදහස්

Life lesson: If something cost $1,000, and it is on sale for $750, and then you decide to buy it, you did not save $250. You spent $750.

🤔 රජයට ආදායම එකතුකිරීම වැදගත් ඒත් සංකීර්ණ තීරුබදු හා ආනයන වලට කරන බාදාකිරීම් නිසා තැලෙන්නේ පොඩි මිනිස්සු . අඩු ගානට භාණ්ඩ මිලදී ගැනීමේ අයිතිය තහවුරු කිරීම රජය සතු වගකීමක් මේ ඒ කථාව ගැන 👇 Aliexpress , Temu හැමදාමට නැතිවෙයිද ? | Dhananath Fernando youtu.be/iXxMo7uNgOM

In 2023, the Government of Sri Lanka collected LKR 3.05 trillion in revenue — mostly from taxes on goods, services, and income. But it spent a staggering LKR 5.63 trillion. That left a budget deficit of LKR 2.58 trillion — nearly as much as total revenue. Nearly 44% of spending

Understanding Airline Economics: How a 10-Hour Flight Makes Money!

Derana 360 🔴සජීවී සංවාදය සඳුදා (14) රාත්‍රී 10.30ට TV දෙරණ ඔස්සේ... #Derana360 #politics #political #AdaDerana #SriLankaPolitics #economy Dhananath Fernando

Who Spends the Most Nights in Sri Lanka? A Look at Key Tourism Markets in 2024 🇱🇰✈️🧳 India, Russia, and the United Kingdom top the list of source markets contributing the highest number of total tourist nights in Sri Lanka in 2024. This metric was calculated by multiplying the

An excellent reminder, competition reduces rents. Figuring out ways of increasing competition is the most effective way of reducing prices- from construction materials to power generation to vegetables.

Recognise any valid driving license of any country with a minimum per capita GDP 2x ours.

🔴 Navigating the Asian Century: Opportunities for Sri Lanka 👉As Asia reshapes the global order, Sri Lanka stands at a pivotal crossroads. Don’t miss this exclusive opportunity to learn from Kishore Mahbubani—renowned diplomat, author, and Dean of the Lee Kuan Yew School of

Mr Ashish Khanna, Director General of the International Solar Alliance, joined Dhananath Fernando, CEO of Advocata Institute, to discuss how Sri Lanka can fast-track its solar journey. From unlocking private investment to replicating India’s solar model, the conversation highlights practical

🔴ට්‍රම්ප් ලෝක වෙළඳපළ පාලනය කරාම බිදවැටෙන්නේ ආර්ථික විද්‍යාවේ නීති shorturl.at/2Jbsj #srilanka #economics #development #government #trump #Tariffs #Reset #TradeDeal #USA Dhananath Fernando W A Wijewardena