This year, Sri Lanka has recorded its highest growth since Independence. As dicey as the economy looks, it’s important to remember how far the country has come. The nation has a stable, island-wide government for the first time, like, ever, there are no active insurrections, and we’re seeing a period of sustained investment and improvement in peoples lives – including but not limited to the right to have one.
Sri Lanka’s economy grew by 8.3 percent last year, the fastest expansion since independence from Britain in 1948, the census and statistics department said Thursday.
The rate compared with an expansion of 8.0 percent in 2010, the first full year after government forces defeated Tamil Tiger rebels in May 2009 and declared an end to nearly 40 years of fighting…
Last year, per capita income increased to $2,836, up from $2,400 the previous year. Tourism has been a big growth area after the end of the Tamil separatist war, with earnings in the sector jumping 41.4 percent last year. (AFP)
God knows the government has been messing it up in style this year, raising taxes, prices and making the engorged bundi of corruption visible under an ever more threadbare shirt. However, these are first world problems. Which are better problems than we had before. Which – while not yet great – is nice. So thanks for that Mr. Rajapaksa. Now please do a whole lot better.