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Health and Economic Cooperation

Factum Perspectives: Sri Lanka’s Tax Reform Landscape 2026: A Critical Assessment

Sri Lanka’s Tax Reform Landscape 2026: A Critical Assessment of the April 29 VAT Amendment Bill, VAT and SSCL Distinctions, and the Economic and Social Repercussions By Senior Professor Prasanna Perera  Department of Economics, University of Peradeniya, Sri Lanka  Context This article critically examines Sri Lanka’s sweeping 2026 tax reform package, focusing specifically on the…

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Factum Perspectives: Brain Drain and the Retention of Skilled Professionals in Sri Lanka

Context: Brain drain refers to the phenomenon when educated and skilled people from a developing nation leave their home to build a new life in a developed country. Sri Lanka has already faced this problem before. Nevertheless, following the 2022 economic crisis, the situation escalated to a whole new level. The nation ran short of…

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Factum Perspectives: Middle East Conflict and Sri Lanka’s Economic Recovery

By Professor Prasanna Perera Context: After the severe macroeconomic crisis of 2022, which led to sovereign default, foreign exchange shortages, and the largest economic contraction in the country’s post-independence economic history. At present, Sri Lanka’s inflation has dropped from 70% to only 2-3%, and GDP growth increased to 4-5% from a negative growth. Stabilization has…

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Factum Perspective: America first, Asia divided: How Trump’s trade push is splintering ASEAN 

By Jayson Cainglet  When U.S. President Donald Trump returned to the world stage at the 47th ASEAN Summit in October, his message was loud and clear: America is open for business—but only on his terms.  While headlines focused on the spectacle of Trump’s renewed bravado and China’s call for free trade, the real action happened behind closed doors. In…

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Factum Perspective: A Nod to the Past, A Look To The Future: WHO Chief’s Review of Sri Lanka’s Public Health Legacy and the Road Ahead

By Gerard Dinith Mendis “With rare exceptions, all of the most important achievements will come from working with others, or, in better words, in service to others.”  — Paul Farmer  Few nations have embodied that conviction more fully than Sri Lanka. Long before global health equity became the language of conferences and frameworks, the…

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Factum Special Perspective: Will Trump Tariffs Signal Trade Re-Alignment?

By Dinouk Colombage The recently announced tariff rates by US President Donald Trump have left many countries either unimpressed or breathing a sigh of relief for what some would describe as merely “a stay of execution.” 69 trading partners have been presented with revised tariffs, ranging from 50 to 10 percent, with the median being…

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Factum Perspective: Facing the Far Right – Rethinking Sri Lanka’s Foreign Policy

By Nimendra Mawalagedara The recently imposed US tariffs on Sri Lanka are not merely an economic challenge - they are a signal of a transformation in the contemporary global political landscape. These tariffs should not be understood merely as trade measures, but also as political symbols that reflect the Trump administration’s broader diplomatic style, characterized…

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Factum Special Perspective: Trump Tariffs Signal Increase in Geopolitical Tensions

By Dinouk Colombage Coated under the guise of economic rebalancing, the US tariffs have been described as a complete disregard of the rule-based order (RBO) that has governed global politics since the conclusion of the Second World War. On April 2, Donald Trump unveiled what he termed “reciprocal tariffs” for over 90 countries including China,…

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Factum Perspective: Sri Lanka Foreign Policy 2025 – Laying Low and Continuing the Balancing Act

By Sachintha Pilapitiya Sri Lanka has often stressed its principle of "friendship towards all, enmity towards none" in its diplomacy. In 2024, under two ideologically contrasting governments, Sri Lanka reflected the possibility of maintaining this foreign policy goal intact. In this article, I conduct a short review of Sri Lanka’s foreign policy in 2024, followed…

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Factum Perspective: Superstition and Science in Governance and Global Health

By Gerard Dinith Mendis In an age where scientific breakthroughs define the trajectory of human progress, a concerning global trend has emerged: skepticism toward science and the resurgence of superstitious rhetoric in political leadership. Leaders are increasingly leaning on pseudoscience and cultural mysticism, often at the expense of evidence-based policymaking. This shift not only threatens…

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