Mirror Business interview with Prof Arusha Cooray Lack of fiscal discipline has plagued Lankan governments over the years: economist – Dr. Arusha Cooray Mirror Business conducted an email interview with Dr. Arusha Cooray, the Lankan born Professor of Economics at the Nottingham University Business School (Malaysia), over the current economic situation of Sri Lanka. Dr. Cooray’s work is widely published and she is one of the leading academics in the field of economics Sri Lanka has produced. Sri Lanka’s economy is currently undergoing extremely testing times amid depleting foreign reserves, an unsustainable debt pile and a looming balance of payment (BoP) crunch. The bad economic policies of successive governments are at fault for the current predicament the country is in, but the present global economic developments also haven’t been in favour of the US $ 82 billion economy. Following are the excerpts of the interview. What is your opinion of ...

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