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Updated 08/04/2024
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17/11/2022

CANADIAN MEMBER OF PARLIAMENT HAN DONG JOINS INDEEWARI AMUWATTE AT HYDEPARK ON ADA DERANA 24

Canadian Member of Parliament for Don Valley North Han Dong, who is currently in Sri Lanka with a Sri Lankan-Canadian Business Delegation exploring investment opportunities, says Sri Lanka has a good environment for businesses adding that the government has demonstrated its willingness to attract investments to the country. Speaking to Indeewari Amuwatte on ‘At HydePark’ on Ada Derana 24, the MP said he sees Sri Lanka as a country ready for both domestic and foreign investments. He also said infrastructure investments that are mostly capital intensive in nature are important for the Sri Lankan economy to be robust.

17/11/2022

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37 min
18/12/2023

2024 WILL HAVE MORE POSITIVITY - CBSL GOVERNOR DR. NANDALAL WEERASINGHE 'AT HYDEPARK'

Central Bank Governor Dr. Nandalal Weerasinghe highlighted the importance of restructuring the country's debt, noting that it paved the path for lower debt servicing obligations by the government, thereby enabling the private sector to have more access to credit and resources essential for growth. During his first interview with Indeewari Amuwatte 'At HydePark' following the IMF's approval of the 2nd tranche of the Extended Fund Facility programme to Sri Lanka, the Central Bank Chief refuted claims that the Sri Lankan Government is imposing conditions set out by the International Monetary Fund. He said the reform programme implemented to overcome the crisis is fully owned by the Sri Lankan government and that the IMF is only monitoring progress to provide assurances that the programme is feasible. Speaking further, Dr. Weerasinghe assured the public that the country which was on the verge of collapsing is now on the right path and the year 2024 and beyond will have more positive results in terms of economic growth and stabilisation.

18/12/2023

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45 min
06/12/2023

SRI LANKA MUST DECIDE WHAT IT WANTS TO BECOME - EXPERTS SPEAK ‘AT HYDEPARK WITH INDEEWARI AMUWATTE’

On this episode of ‘At HydePark with Indeewari Amuwatte’, former Resident Representative of the International Monetary Fund to Sri Lanka, Dr. Nadeem Ul Haque and Professor in Economics at University of Colombo, S. P. Premaratne discuss Sri Lanka’s ongoing debt restructuring process, tax reforms and how the economy should modernise to face challenges of the future “. Former IMF Resident Representative to Sri Lanka Dr. Nadeem Ul Haque said, the country should find alternatives and cut down subsidies for welfare and create opportunity for the economy to grow without considering the IMF bailout as a gift but a reform that needed to take place in the country. Further elaborating, Dr. Haque said, as a country recovering from crisis, Sri Lanka must look for ways to put the island in a position to attract foreign investment and take more risks in the recovering process. Also speaking to Indeewari Amuwatte, Professor in Economics at the University of Colombo, S. P. Premaratne said, the Sri Lankan government should also focus on non-conventional income methods without solely relying on the expected tax revenue in the coming years. He pointed out that data indicate a reduction in individual incomes due to the adverse effects on personal income and corporate income following the increase in VAT and income tax rates.

06/12/2023

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50 min
29/01/2024

JAPANESE AMBASSADOR TO SRI LANKA MIZUKOSHI HIDEAKI JOINS ‘AT HYDEPARK WITH INDEEWARI AMUWATTE

Joining ‘At Hydepark with Indeewari Amuwatte’, Japanese Ambassador to Sri Lanka Mizukoshi Hideaki says his country expects an early conclusion of the Memorandum of Understanding on debt treatment between Sri Lanka and the Official Creditor Committee - co-chaired by Japan, France, and India, adding that debt restructuring is a crucial step for Sri Lanka to restore the island nation’s debt sustainability. Highlighting that the Japanese government had to suspend all yen loan projects following Sri Lanka’s debt standstill announcement in 2022, the Japanese Envoy in Colombo said funding for all suspended projects will resume, especially for construction of Terminal-2 of the Bandaranaike International Airport, which was also inspected by Japanese Minister of Finance Shunichi Suzuki during his recent visit to Sri Lanka. Further, Japanese Ambassador Mizukoshi Hideaki said his country wants Sri Lanka to be a strong independent nation and added that Japan hopes to obtain more support from island nations for the Japanese economy to address issues such as an ageing population. This programme was live recorded on January 22, 2024 and aired on Ada Derana 24 on January 25, 2024.

29/01/2024

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41 min
25/04/2024

BIMSTEC TECH. TRANSFER FACILITY IN CMB - INDRA MANI PANDEY 'AT HYDE PARK WITH INDEEWARI AMUWATTE'

The Secretary General of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), Indra Mani Pandey says the seven member states of the association are collectively working towards realizing their Sustainable Development Goals. Joining this week's episode of ‘At HydePark with Indeewari Amuwatte' the Secretary General of BIMSTEC, discussed the importance of regional integration among member states and the initiatives taken by each state to support other member nations in achieving individual development goals. Discussing latest developments in the organization the Secretary General Pandey said, a special report prepared by an eminent persons’ group is scheduled to be published in the next BIMSTEC summit, in order to identify the weaknesses and opportunities presented by the BIMSTEC for its member states. He also said a Technology Transfer Facility is expected to be set up in Colombo, enabling the member nations to have access to technologies developed by other BIMSTEC member states.

25/04/2024

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37 min
17/04/2024

NO PERSONAL DATA SHARING WITH INDIA: TECH EXPERTS SPEAK ‘AT HYDE PARK WITH INDEEWARI AMUWATTE'

Dr. Pramod Varma, Co-Chair of the Centre for Digital Public Infrastructure in India, explains the fundamentals of a Digital ID, which Sri Lanka also plans to introduce. He spoke of how the Indian government streamlined the process of providing government aid to the general public through the digital ID. Joining ‘At HydePark with Indeewari Amuwatte’, Dr. Varma, who led India’s ‘Aadhar’ Digital ID program in 2009, explained how laws were ensured to protect personal information and privacy of data of individuals. Dispelling recent rumours, he also assured that data of Sri Lankans will not be shared with the Indian Government through Sri Lanka’s programme to introduce digital IDs to citizens, launched in collaboration with India. Also joining the program, the Secretary to the Ministry of Technology, Dr. Dharmasri Kumaratunga, assured that all data collected will be secured within Sri Lanka and that it will be used to streamline the process of welfare distribution. He assured that the digital ID will only be used to identify individuals, strictly for use when providing government services.

17/04/2024

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43 min
29/01/2024

RICH MUST PAY MORE TAXES, IMF’S PETER BREUER & SARWAT JAHAN ‘AT HYDEPARK WITH INDEEWARI AMUWATTE’

On this episode of ‘At HydePark', officials of the International Monetary Fund on a staff visit to Sri Lanka, joined Indeewari Amuwatte for an exclusive discussion on Sri Lanka’s crisis recovery process and beyond. IMF Senior Mission Chief for Sri Lanka, Peter Breuer said the macro-economy is showing signs of recovery, however the current stability in the Sri Lankan economy is yet to reach the broader population. While highlighting the agreements reached in principle with China’s EXIM bank and the Official Creditor Committee to restructure the country’s debt as a major milestone, Breuer said the global lender expects Sri Lanka’s debt issues be solved within a couple of months to ensure that there are no complications when the second review of the IMF EFF programme is evaluated by its Executive Board. He said the IMF expects tax revenue to improve to 12% of GDP in 2024 and emphasized the importance of introducing property/wealth tax in order to minimise the tax burden on the majority of the population. Meanwhile, IMF Resident Representative in Sri Lanka, Dr. Sarwat Jahan, who also joined the discussion ‘At HydePark with Indeewari Amuwatte’, said Sri Lanka should focus on implementing recommendations that were outlined in the Governance Diagnostic report, the first published by an Asian country with the technical support of the IMF.

29/01/2024

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44 min
13/11/2023

SRI LANKA'S ECONOMIC CRISIS & OPPORTUNITIES IN SOUTH ASIA - 'AT HYDEPARK WITH INDEEWARI AMUWATTE’

On this episode of 'At HydePark with Indeewari Amuwatte', World Bank's Director for South Asia Regional Integration and Engagement Cecile Fruman, Former Foreign Secretary of India Shyam Saran and Group CEO of Hemas Holdings Kasturi Chellaraja Wilson, discuss Sri Lanka's Economic Crisis and Opportunities in South Asia. The former Indian Foreign Secretary Shyam Saran was of the view that Sri Lanka is in possession of all necessary assets to overcome the economic crisis and achieve higher levels of economic growth given the island's strategic location. Speaking to Indeewari Amuwatte 'At HydePark' on Ada Derana 24 the Former Indian Foreign Secretary said Sri Lanka can take full advantage of India's growing economy due to the close geographical proximity. Corporate Leader Kasturi Chellaraja Wilson was of the view that Sri Lanka's private sector can benefit from the integration of the South Asia region but insisted that the removal of trade barriers and negotiation of border-less trade agreements must be prioritised. World Bank's Director for Regional Integration and Engagement in the South Asian Region Cecile Fruman meanwhile said Sri Lanka's infrastructure and location of the Port is ideal for the island nation to benefit from regional integration. She also said Sri Lanka can tap markets in the region including India and Bangladesh, with the addition of innovation, creativity and market diversification.

13/11/2023

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49 min
02/12/2022

Freedom of Speech | Podcast 01

In the first episode of the State of the Nation Podcast, we tackle the sentiments in Sri Lanka surrounding freedom of expression. Joining the conversation in Danidhu Vithanawasam & Mahieash Johnney

02/12/2022

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49 min
18/07/2023

Ravi Abeysuriya and Deshan Pushparajah join Indeewari Amuwatte 'At HydePark' on Ada Derana 24

Financial Markets expert Ravi Abeysuriya and Capital Markets expert Deshan Pushparajah joined 'At HydePark' on Ada Derana 24 to talk about Sri Lanka's Domestic Debt Optimisation strategy and the way forward for a speedy economic growth. Speaking to Indeewari Amuwatte, Ravi Abeysuriya said Domestic Debt Optimisation is essential for Sri Lanka, adding that restructuring foreign loans alone will not help achieve Sri Lanka's debt sustainability targets. Deshan Pushparajah meanwhile said foreign investors welcome government's move to exclude banks from the Domestic Debt strategy adding that banks are essential during this period to lend more in-order to create a boost in the economic revival.

18/07/2023

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54 min

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