Umesh Moramudali
Chief Economist

Umesh Moramudali

Resident economist. Lectures at the the University of Colombo. Former researcher at the Ceylon Chamber of Commerce and the Ministry of Finance. Ex-journalist (Ceylon Today) and founder of We Translate, a trilingual translation service.

Mar 01, 2023
Inflation Tracker

A fluctuating economy means that the cost of living keeps changing. At Watchdog, we decided to put together long-term data on one of our most basic requirements: food.

Jan 21, 2023
Sri Lanka's Import Restriction Predicament

The crippling shortage of foreign exchange forced the government to put a lid on imports. A protectionist policy of sorts. But the question remains. Why do we pay so much for imports? Why did the government restrict them and most of all, are these restrictions sustainable?

Nov 30, 2022
இலங்கையில் போக்குவரத்து வேகமற்றது, வேதனை தருவது

தகுதி வினைத்திறன் என எதுவுமற்ற பணிச்சுமை மிகுந்த இலங்கையின் போக்குவரத்து முறைமைகள் தொடர்பானதோர் அலசல்.

Oct 17, 2022
From currency board to Chinese loans, How accurate are the claims about Sri Lanka’s economic crisis?

Sri Lanka is currently going through the worst economic crisis since its independence and defaulted foreign debt repayment in April 2022. This crisis is the result of a series of policy mishaps that have steadily weakened the economy over the last few decades. Decisions made contrary to the advice of experts in 2020 and 2022 exposed the extent of the damage. Consequently, the country was compelled to default its debt and seek IMF support. While there roots of the crisis constitute long lasting policy and governance issues, certain global ‘experts’ and politicians have offered their own takes on Sri Lanka’s economic crisis. We’ve had a comprehensive look at some of these claims and laid the facts out here.

Oct 17, 2022
நாணய சபை தொடக்கம் சீனக்கடன் வரை - இலங்கையின் பொர

இலங்கையின் பொருளாதார நெருக்கடி மற்றும் அதற்கான காரணங்கள் குறித்து இக் கட்டுரை ஆராய்கிறது.

May 18, 2022
சர்வதேச நாணய நிதியத்துடனான இலங்கையின் எதிர்காலம்

இலங்கை பொருளாதார நெருக்கடி தொடர்பான எமது தொடரில், சர்வதேச நாணய நிதியத்தால் எவ்வாறு எமக்கு உதவ முடியும், அவ்வுதவிக்கு தகுதி பெற நாம் எவ்வாறு வரிகள், பாராளுமன்றம் மற்றும் கொள்கைகளில் மாற்றஞ் செய்ய வேண்டும் எனப்பார்க்க உள்ளோம்.

May 18, 2022
Sri Lanka’s future with the IMF

Following our series on Sri Lanka’s economic crisis, we take a look at what the IMF can do for us, and how we need to step up — by reforming taxes, legislature, and policies.

Apr 15, 2022
පැහැදිලි කිරීම - IMF වෙත ශ්‍රී ලංකාවේ ගමන් මග

මෙම ලිපියෙන් ශ්‍රී ලංකාව 17 වැනි වරටත් ජාත්‍යන්තර මූල්‍ය අරමුදල හා සම්බන්ධ වන්නේ කුමන තත්වයන් යටතේද යන්න පැහැදිලි කරයි.

Apr 15, 2022
Sri Lanka’s road to IMF, explained

We take a look at how (and why) our current #economiccrisislk is unprecedented, how we ended up announcing a default, and what the IMF has to do with all this.