Dhananath Fernando

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Dhananath Fernando

Dhananath Fernando

@dhananath

Different drummer @advocatalk

Colombo, Sri Lanka Katılım Haziran 2013
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Dhananath Fernando retweetledi
Murtaza Jafferjee
Murtaza Jafferjee@murtazajaff·
Congratulations to @SwarnimWagle on your appointment today as Nepal’s Deputy Prime Minister and Finance Minister. Nepal has undergone a profound political shift—sweeping out the old guard and delivering your party a near two-thirds majority in Parliament. Expectations will be high. But with your experience and policy depth, you are well placed to drive reforms that can meaningfully improve the lives of 30 million citizens. While public anger focused on corruption and elite capture, it is ultimately bad policy that keeps people poor. Wishing you and your government Godspeed
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Dhananath Fernando retweetledi
Advocata Institute
Advocata Institute@advocatalk·
Advocata Institute celebrated International Women’s Day with an inspiring conversation featuring Chiranthi Cooray (Director, Advocata Institute) and Kasturi Chellaraja (Former group CEO, Hemas Holdings PLC), along with engaging activities and shared moments that made the celebration even more special.💜
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Dhananath Fernando retweetledi
Advocata Institute
Advocata Institute@advocatalk·
Tune in as we dissect Sri Lanka's bold push for 70% renewable energy by 2030. We break down the real-world hurdles from land shortages and grid limits to the CEB's monopoly that could make or break this national goal. Explore how private investment, rooftop solar, and global tech shifts might power the future. Join the conversation on whether this green vision is a realistic roadmap or an optimistic dream. Featuring 🎙️: @dhananath @Charindra_Chan @ riyad Watch the full video here ⬇️ youtu.be/4MVHzo30iHc?si…
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Dhananath Fernando retweetledi
Insight News
Insight News@InsightNews_SL·
In this in-depth interview, @dhananath, CEO of the @advocatalk, analyses the economic fallout, from slowing growth and consumer spending to @IMFNews targets, debt sustainability, inflation risks, and pressure on SMEs and banks. Watch here: youtube.com/watch?v=r0AqA-…
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Dhananath Fernando retweetledi
Advocata Plus
Advocata Plus@AdvocataPlus·
🤔ඔනෑම ආපදාවක් , යුද්ධයක් හෝ ජාතික වියසනයකින් පසුව පැමිනෙන්නේ ආර්ථික අර්බුදයක් රටක් ලෙසත් රජයක් ලෙසත් එයට අප සූදානම් විය යුතුයි . අවශ්‍ය ප්‍රතිසංස්කරණ හැකි ඉක්මනින් සිදුකල යුතු අතර වෙනාදට වඩා වැඩි අවදානයකින් හා සංවරභාවයකින් ආර්ථිකය මෙහෙයවිය යුතුය ! @dhananath @rohansamajeewa youtu.be/6ae8RnCnDJ0
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Dhananath Fernando retweetledi
Harsha Purasinghe
Harsha Purasinghe@harshap·
This should serve as a clear wake-up call for all shareholders at @LankaPay & + digital economy ministry/GovTech. As the national payment switch, its infrastructure isn’t just another platform — it’s the backbone of the country’s digital economy. We cannot talk about accelerating digital payments, fintech innovation, or a modern cash-lite economy if the core infrastructure isn’t stable, resilient, and future-ready. The downtime is way too long. Perhaps after a good RCA, I sincerely hope necessary investments will be made to have a solid DR/failover system in place.
NewsWire 🇱🇰@NewsWireLK

Power outage disrupts digital payment services nationwide ift.tt/zvdCMta

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Dhananath Fernando retweetledi
Advocata Institute
Advocata Institute@advocatalk·
Whenever extreme conditions arise, preparedness becomes essential. This article outlines how improved planning and support systems can make a meaningful difference for families and neighbourhoods. Read the full article: advocata.org/commentary-arc…
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Dhananath Fernando retweetledi
Advocata Institute
Advocata Institute@advocatalk·
👉 Turning Data into Direction: Shaping Tourism Together 📅 27 November 2025 ⏰ 11:30am – 12:10pm Join us for “From Data to Decisions: Strengthening Tourism Through Evidence and Collaboration”, a dynamic discussion on how data can drive smarter, more sustainable tourism development. We’ll explore the challenges and opportunities in bridging the gap between data and decision-making, helping government and industry leaders build a stronger, more resilient tourism sector. 🔗Click the link to register: tiikm.zoom.us/webinar/regist… Don’t miss this important conversation featuring leading voices from across Sri Lanka’s tourism industry. 🌏 @NishadW9 @TourismMin @dhananath @DinushkaChandr1 @mudadeniya
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Dhananath Fernando
Dhananath Fernando@dhananath·
Thank you @gayaradesilva for pointing this out. I admit a better word could be “General Public”. What we meant was private individuals when we said private sector. We always try our best to be above the mark but sometimes we fail. We are sorry.
Gayara De Silva@gayaradesilva

These are stills taken from a reel made by @advocatalk that really misrepresents the key context. Sri Lanka has long relied heavily on indirect taxes - around 70% in past years, and even in the latest IRD report it’s still about 60%. That means most tax revenue comes from indirect taxes like VAT, which everyone pays, including the poorest households. So framing this as “private sector money being handed out to others” is already misleading ⚠️ On recruitments: yes, public sector hiring is high. But we also have a genuine shortage of skilled workers, and part of the allocation is specifically for hiring qualified recruits. This isn’t just about headcount, it’s also about capability. Government needs to figure out how to restructure and let go of the workforce that’s not adding value (tough given labour laws). And why are pension allocations being shown as if they are some scandalous handout? Pensions are a standard state obligation in any functioning system. @advocatalk @dhananath you’ll know better. This reel oversimplifies a complex issue and presents it in a way that’s just not accurate. Been noticing similar biased content so please do better.

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Dhananath Fernando
Dhananath Fernando@dhananath·
👇If a private employer fails to pay EPF/ETF, jail is likely. But when state-owned enterprises don’t pay, they go scot-free and often get more taxpayer funding. When the government sets double standards like this, any serious conversation about entrepreneurship simply dies.
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Dhananath Fernando
Dhananath Fernando@dhananath·
SOE reform is the real game changer. State banks carry over LKR 500B exposure to SOEs. 📉 Real SOE reforms can: 1️⃣Attract FDI 🌏 2️⃣Reduce debt 📉 3️⃣Increase tax revenue 💰 4️⃣Cut govt expenditure ✂️ Continuing the current SOE model does the exact opposite. 🚫
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Dhananath Fernando
Dhananath Fernando@dhananath·
🏠Higher construction costs aren’t just talk. Even the President flagged this before taking office. Now the BOI Chair echoes it. The real test is do we have the courage to cut tariffs on cement, tiles, sanitaryware, and steel in the upcoming budget 2026?
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Dhananath Fernando
Dhananath Fernando@dhananath·
📈Glad to see export growth. It’s not enough, but at least it’s growth. Remember when Modern Monetary Theorists accused exporters of hiding USD 50 B offshore to defend money printing? If that’s true, where’s that USD 50 B now? 🤔 Growth beyond this will be tough without reforms.
Dhananath Fernando tweet media
Dhananath Fernando@dhananath

🇱🇰⚓️Glad to see our exporters thriving globally. Remember how Modern Monetary Theory failure was covered up by blaming exporters for hiding money overseas? Misinvoicing is WRONG, but it’s fueled by complex tariffs & market controls. Let’s simplify, support, & encourage—not vilify

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Dhananath Fernando retweetledi
Advocata Plus
Advocata Plus@AdvocataPlus·
🛬 රජයට බ්ස්නස් කරන්න එපා කියන්නේ ඇයි කියල අහන්න එපා. කරන්න එපා. 👨‍✈️අවංක අය දැම්මොත් පුලුවන් නෙද කියල අහන්නත් එපා. මේ පාඩුව USD මිලියන 500ක ණය බදු ගෙවන ජනතාව අවශෝෂණය කරාට පස්සේ ආපු පාඩුව. ඇමරිකන් ඩොලර් මිලියන 500ක් කියන්නේ අර MCC ගිවිසුමෙන් ඉඩම් මැනල ඩිජිටල් කරල, පොදු ප්‍රවාහනයට බස් දාල, ලංකාවේ ට්‍රැෆික් ප්ලෑන් එකක් හදල, මංසංධි පුලුල් කරල තව මොකක්දෝ කොළඹ ඉඳන් ත්‍රීකුණාමලයට ආර්ථික කොරිඩෝවක් හදන්න යන මුදලට වඩා වැඩි ගානක්. ☠ සමහර වෙලාවට රජයට ව්‍යාපාර කල හැකියි කියන්නේ විදේශීය කුමන්ත්‍රණ‍යක් වෙන්නත් පුලුවන්. 💰 ඇත්තට ශුද්ධ අලාබය බිලියන 7කට වැඩියි. ගියවර අයවැයෙන් බිලියන 20ක් වෙන්කරා. ඒ දවස්වලනං අපිට මඩ පොඩ්ඩකුත් ගහමින් චන්ද කාලෙට මේ ගැන ලියන්න ටැග් කරන්න අය හිටියට ඒ හැමෝම දැන් නිදි. දැන් ඒ අයගෙ algorithm එකට මේව එන්නෙත් නෑ. ආවත් දැක්කේ නෑ වගේ පහලට යන්න ඕන. @dhananath
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Dhananath Fernando
Dhananath Fernando@dhananath·
🛬Let’s be clear, SriLankan posted a Rs 2.7 billion loss, after earning a Rs 7.9 billion profit the year before. Shareholders’ funds remain a negative Rs 379.5 billion. Revenue fell, finance costs surged, and the balance sheet is weak. What’s the plan to make it investable?
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Keşfet

@SwarnimWagle @Charindra_Chan @Neonmedialk @advocatalk @IMFNews @LankaPay @NishadW9 @TourismMin