It’s understandable why there might be a disconnect between government officials touting a revenue surge while the public continues to...
Hi ! I’m Che,
Welcome to Che’s blog. I’m Mohamed Wazeem AKA Che Wonka, A passionate Financial Accountant who loves sharing insights about personal finance, economics, expatriate lifestyle, personal development in this AI era etc.
I use this blog as a tool to explore myself and as a way to discover my sense of personal style.
Blog and Articles
Articles
As per the government saying “Sri Lanka State Revenue Surges by 6% in First Quarter of 2024, Exceeding Expectations” but still poverty is still remaining among the country with high prices on all consumer goods with no hikes in their income. As per world bank data Sri Lanka’s Economy Shows Signs of Stabilization, but Poverty to Remain Elevated. How it can be a government minister being proud about the revenue surge while people of the nation. What could be done to overcome this situation or what worse could happen ?
Articles
Deciphering the Strength of the Sri Lankan Rupee: Economic Realities Amid Global Turbulence
The strength or weakness of a currency like the Sri Lankan Rupee (LKR) against other currencies such as the US...
Articles
Where a country like Sri Lanka is experiencing significant economic challenges, high inflation, protests, and a recent debt crisis, the decision to privatize state entities, especially to foreigners, should be carefully evaluated. Here are some considerations:
Immediate Relief vs. Long-Term Sustainability: Privatizing state entities may provide the government with immediate relief by generating revenue or reducing...
