The medicines regulator is cracking down on pharma overpricing. Over a thousand drugs are now being priced by their formula. Prices at pharmacies are falling, for some drugs by even half. Unhappy companies warn brands might flee. The regulator meanwhile hardly tests quality.
The government won’t go for a new EFF programme with the IMF in March. Meanwhile, Ranil Wickremesinghe’s indictment has been sitting on the AG’s desk for three months. Gotabaya Rajapaksa grows modest, telling court he wasn’t involved in military operations when he was defence ministry secretary.
A significant number of Sri Lanka’s state schools have small student bodies. Nearly half have 250 pupils or less, nearly a third have 100 pupils or less.
Two years into office and despite an increasingly turbulent world, President Anura Kumara Dissanayake is riding high. To mark the anniversary, the government isn’t only passing laws, it's also beginning to grasp the reins of government more firmly. But rising fuel prices remain a dampener.
Sri Lanka’s credit score is back to where it was in 2020, before the fallout from covid-19 and the economic crisis. But the benefits of the credit rating upgrade may be cancelled out by high oil prices and global interest rates.