Rajitha Narayana
@rajithaplus
Proud Sri Lankan 🇱🇰 | Be the change that you wish to see in the world 🌏 | Views expressed here are my personal views.
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Sound economic policies don’t belong to any politician, political party or any international organisation. It’s free for anyone to use.
Voting season is coming around in #SriLanka , and I'm going to give you some recommendations. If you're Sri Lankan, please read. Let me just say, I am not here to influence you who to vote for. All I ask is that you keep a few things in mind:
Canadian PM candidate Piere Poilievre explains inflation in simple terms.
A "cognitive bias" is a systematic error in thinking that ruins decision-making. The 12 most powerful cognitive biases I've found:
As a general rule, if you believe *everything* your political party says, you are an idiot
Now this is spot on.. There is no magic trick for the govt to create money and spend on salaries or infrastructure. People pay for it through - Taxation - Inflation - Borrowing ( interest)
Saw this while scrolling, incredibly relevant for Sri Lanka 🇱🇰
Only 30% of Sri Lankans can afford a 500 Sqft house throughout their lifetime savings. Reason: High cost of construction A ton of cement is $ 53 in Thailand. In SL $ 114 A ton of steel in Singapore is $ 561. In SL $ 760 We pay interest for inefficiency on the housing loan
There is a way if you have a will! 👀🧠🇱🇰
#SriLanka posts a current account surplus of $639 million in the third quarter of 2023. This is the 5th consecutive quarter Sri Lanka has posted a surplus -EconomyNext
ආණ්ඩුවෙන් අපිට නිකන් කිසිම දෙයක් කරන්නෑ, හැම දේම කරන්නෙ අපෙන් කඩා වඩා ගන්න බද්දෙන් කියලා මිනිස්සුන්ට තේරුනේ දෙදාස් විසි තුනේ. මුන්ට බදු ගෙවලා එක එක දේවල් කර ගන්නවට වඩා අපි අපිම අපේ දේවල් කර ගන්න එක ලාභයි කියලා දෙදාස් විසි හතරේ මිනිස්සුන්ට තේරුනොත් රට ගොඩ.
The "LAFFER CURVE" is a concept in economics that illustrates the relationship between tax rates and government revenue. At a 0% tax rate, the government collects no revenue because there are no taxes being paid. (1/n)
The enlightened Buddha himself welcomed his critics with open arms. Forgiveness is a pillar in the philosophy he taught. However, the most basic founding principles are now being distorted to suit the whims and fancies of those who govern. #lka #ICCPR
"Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction”. - Albert Einstein
Be sincere. Be brief. Be seated. Have you received that dreaded #email: • runs into several pages • poorly worded • loosely formatted • complicated to begin with • ends with "sorry for the long mail. Didn't have time to shorten it". I have. Yes, it takes time to write an…
Gone, but not forgotten. It has been three months since #SriLanka lost one of the brightest analytical minds. This clip from 2017 shows the level of insight Amal had, even 6+ years ago, about our economy, interest rate and exchange rate cycles. If you listen carefully, you’ll…
Last night, six wild elephants 🐘, including a female tusker and calves, tragically lost their lives in two separate train collisions in Sri Lanka 🇱🇰. ⭕️ In the past decade, over 100 elephants have suffered the same fate. This needs to change. ⭕️ These accidents frequently…
🗳️☑️Choose wisely when the time comes, for our future depends on it. Don't let complacency lead to regrets. Let's make our voices heard through the ballot box. Always remember, #myvotematters #Politicslk #ElectionsLK #Srilanka #Srilankapolitics
We have been in the top 10 for 30 consecutive years, and @GotabayaR's regime wanted further tax cuts. Most idiotic decision ever made by 🇱🇰 policy makers? #lka
#SriLanka has been among the 10 countries with the highest #interest cost to #revenue ratio for 33 consecutive years, and number 1 for the past 3 years. For more, visit: bit.ly/45zikFL
For years, from Pin Padiya, Jana Saviya, Divi Naguma, and #Samurdhi to now #Aswasuma, #SriLanka 🇱🇰 has been running social welfare programs funded by taxpayers and loans from the World Bank. However, poverty persists and has even increased.! It's time to empower people to…
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I think true media freedom is key. Where proper independent professionals run media companies. The only we can achieve this is by listing all of them in CSE and limiting max holding to 10% similar to banks in the country.
Not only bankers, almost all e salaried employees. Hwever, luckily bankers dn't hv e private practice option. We r in a rotten society. "There r no saints in 🇱🇰. Only thieves & ppl who haven't got e chance to steal yet. Not only SOEs, we hv to restructure this society as well.
Bankers pay taxes while most doctors (consultants) evade taxes. Let that sink. Good night 🙂
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