Intentar ORO - Gratis
Progressive or retrogressive? Rationally defining AKD’s Presidency and NPP Government
Daily FT
|July 24, 2025
'...estimated income poverty... remains stubbornly high, affecting as much as a quarter of the population in 2024, and twice as high as in 2021. The reversal in poverty reduction gains during the crisis has taken Sri Lanka back to its high poverty levels of the early 2000s...' -ODI-CEPA Report Executive Summary p vi '...post crisis mass poverty level, [is] estimated to be 7-10 million individuals.' ODI-CEPA Report p 16. (https://odi.org/documents/9616/ODI_Global_Sustaining_transformative_growth in Sri Lanka_20252030.pdf)
How do you tell 'progressive' from 'reactionary'? How do you tell liberal democrats from conservatives/neoconservatives? How do you tell Left — any kind of left, from social democratic to radical and revolutionary— from 'Right'?
While there are many definitions of progressive and reactionary, left and right, a common factor underlies them all. Those on the left or the progressive side of the spectrum, place emphasis on the Social Question, the question of social upliftment, according priority to the problem of poverty and providing solutions which uplift the poor.
You can tell a progressive from a reactionary or a conservative administration by the priority accorded to reducing poverty and the results being achieved. If government X makes more progress in alleviating poverty than government Y, then the former is more progressive than the latter. If there is less progress in poverty reduction, then it is less progressive.
What of a government that calls itself progressive, pro-people and even 'left populist', but the statistics show that it has not made any progress in reducing the numbers and burdens of the poor? What do you call a leader and a government on whose watch, poverty has not merely NOT been reduced but has grown? What do you call a President and an administration which describe themselves as progressive, but has recorded worse poverty figures than leaders and governments which have not been designated as on the left, and have been denounced as rightist/neoliberal?
Esta historia es de la edición July 24, 2025 de Daily FT.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Daily FT
Daily FT
GCF Round 2 of Research Grants today
THE Gamani Corea Foundation (GCF) will present Round 2 of the GCF Research Grants Awards on 18 December at the BMICH, marking the second successive grant award scheme conducted by the Foundation.
1 min
December 18, 2025
Daily FT
Govt. repatriates 25 Lankans rescued from cybercrime centres in Myanmar
THE Embassy and Permanent Mission of Sri Lanka in Bangkok, in close collaboration with the Sri Lanka Foreign Affairs, Foreign Employment, and Tourism Ministry and the Embassy of Sri Lanka in Myanmar, has successfully facilitated the rescue and repatriation of 25 Sri Lankan nationals who had been trafficked in cybercrime centres in Myawaddy, Myanmar.
1 min
December 18, 2025
Daily FT
David Pieris Group expands global footprint with investment in Dubai-based Navire Logistics
THE David Pieris Group continues to strengthen its international presence with the acquisition of 50% ownership in Navire Logistics Services L.L.C, a reputed logistics company based in Dubai and Oman.
1 mins
December 18, 2025
Daily FT
Sri Lankan players in ILT20 required to return home
SRI Lanka Cricket (SLC) has requested its national players currently participating in the International League T20 (ILT20) tournament in the United Arab Emirates (UAE) to return to the country by 20 December, despite having earlier granted permission for them to compete in the League until early January.
1 min
December 18, 2025
Daily FT
Senthilverl exits Maharaja Foods; Yaden enters
HIGH net-worth investor Dr. T. Senthilverl has exited from Maharaja Foods PLC whilst Yaden Capital has entered the company with a 10% stake.
1 min
December 18, 2025
Daily FT
WindForce commissions rooftop solar PV project in Maldives
WINDFORCE PLC yesterday announced that the 432.2 kWp rooftop solar photovoltaic (PV) power project at Joy Island, Kassanfushi, Kaafu Atoll Maldives, was successfully commissioned on 13 December.
1 min
December 18, 2025
Daily FT
Govt. says Rs. 500 b post-Ditwah spending plan within 2026 borrowing limits
Parliament to consider Rs. 500 b Supplementary Estimate for 2026 at special sitting today Supplementary allocation to increase primary expenditure from Rs. 7.16 t to Rs. 7.66 t Rs. 100 b allocated for housing, Rs. 250 b for infrastructure, Rs. 150 b for livelihoods Finance Deputy Minister Dr. Anil Jayantha Fernando says move well within Govt.'s fiscal space Funding comes from reallocated capital spending, excess revenue, Treasury funds and aid Assures additional spending kept within 2026 debt ceiling of Rs. 3.74 t Projects 5% GDP growth for 2026 Revenue agencies exceed targets by Rs. 400 b, containing budget deficit despite relief spending
3 mins
December 18, 2025
Daily FT
Govt. confident of securing $ 200 m RFI from IMF
THE Government yesterday expressed confidence in securing $ 200 million from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI), as it moves to manage urgent foreign exchange needs following the devastation caused by Cyclone Ditwah, whilst keeping its broader debt restructuring program on track.
2 mins
December 18, 2025
Daily FT
Budget 2026: Parliament and public deprived of real numbers
THE constitution anticipates that the Sri Lankan Parliament “shall have full control over public finance”.
3 mins
December 18, 2025
Daily FT
Sri Lanka Ambassador launches Ceylon Biscuits Company products in Saudi Arabia
Sri Lanka's exports to Kingdom of Saudi Arabia achieves 19% growth from January to September 2025; bilateral trade up 9%, CBL-Amalcom collaboration is expected to contribute to a further increase in Sri Lankan exports to Saudi Arabia
2 mins
December 18, 2025
Listen
Translate
Change font size
