A public event in the series of forums jointly organized by the Sri Lanka Economic Association and Gamani Corea Foundation, on the topic “Financial Sector Resilience amidst External Shocks", took place on July 15th at the Lakshman Kadirgamar Institute, Horton Place, Colombo 07.
The keynote address was delivered by Mr. K. G. P. Sirikumara, Deputy Governor of the Central Bank of Sri Lanka, and was followed by an interactive panel discussion and Q&A, moderated by Mr, Nisthar Cassim, Editor, Daily FT. The panel featured Prof. Priyanga Dunusinghe, Professor of Economics at the University of Colombo, Mr. J. P. R. Karunaratne, Former Deputy Governor of the Central Bank of Sri Lanka; Mr. Damith Pallewatte, Managing Director/Chief Executive Officer of HNB; and Mr. Romani De Silva, Deputy Chairman/Managing Director of Alliance Finance Company PLC.
The resilience of Sri Lanka’s financial system can no longer be measured by capital, liquidity and profitability alone, with policymakers and financial institutions needing to adapt to an era where geopolitical tensions, climate risks, cyber threats and technological disruption have become permanent features of the operating environment, Central Bank of Sri Lanka (CBSL) Deputy Governor K.G.P. Sirikumara said.
The Q&A session was coordinated by Dr. Harsha Aturupane. Daily FT was the print media partner.
The article can be accessed below
The Gamani Corea Foundation was pleased to partner with the Sri Lanka Economic Association at the launch of two books, by Rev. Prof. W. Wimalaratana and Dr. Mahinda Pushpakumara: “Debt Crisis in Sri Lanka: Facts and Fallacies (co-authored with Dr. Mahinda Pushpakumara) , 64 Wounds that Crippled the Sri Lankan Economy", and “ශ්රී ලංකාවේ සංවර්ධනය අඩපණ කළ තුවාල 64" (Sinhala translation)
“Influence of Political Patronage Networks and Clientelism on Resource Allocation, Public Spending, and Economic Disparities Across Sri Lanka"
A joint GCF- SLEA Seminar, part of a series of collaborative seminars, was held on August 20th, at the GCF.
Dr. B. M. Sumanaratne and Ms. Anuradha Gamage, Senior Lecturers at the University of Ruhuna, presented findings from a GCF-supported study on the influence of political patronage and clientelism on resource allocation, public spending, and economic disparities across Sri Lanka.
The researchers highlighted the importance of transparent public spending, merit-based recruitment, and need-based resource allocation. Emeritus Professor Sirimevan Colombage, President of SLEA and Honorary Deputy Chairperson of GCF, delivered the opening remarks. Dr. Harsha Aturupane, Honorary Chairperson of GCF, moderated the discussion.
Call For Proposals – GCF Research Grants Round 3
The GCF Research Grants Scheme aims at promoting innovative economic and multidisciplinary research to promote economic development in middle and low-income countries with special reference to Sri Lanka. Two rounds of research awards have been conducted since 2024. As in the past, the third round of GCF Research Grants will prioritize economic research, while accommodating multidisciplinary research that complements economics with knowledge from other social sciences, management, humanities, mathematics, statistics, computer science, or any other relevant discipline.
