The government scrapped MPs’ pensions this year. Some former members are struggling to make ends meet. Party leaders weigh what the move will mean for recruiting new politicians, especially in a country where MPs’ salaries are poor too. The JVP-led ruling party has a different practice altogether.
The president has stuck to the script, keeping taxes largely unchanged and promising a big lift in capital spending. But he’s squandering yet another chance for public sector reform. Without that, moving from stability to growth will be tough, argues Yolani Fernando.
Follow along as the president races from budget meetings to clothes shop openings this week. He’s also swapped out a key ministry secretary, in hopes of speeding up his digitisation agenda. Meanwhile, his party faces its own problems, with a mayor gone rogue, and trade unions growing restless.
Regional Plantation Companies, whose plantations cover 20% of the island’s agricultural land, are paying discounted rent. Now the companies want their leases extended on similar terms. But industry veterans think the land should partly be sold and partly redistributed to workers.