How do you Sri Lanka in the last 5 years?

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09-18-2018, 10:03 AM
subasan

How do you Sri Lanka in the last 5 years?

How do you see Sri Lanka in the last 5 years - in terms of development, infrastructure, socio-economic standards, education. Has people evolved better?
09-23-2018, 06:25 PM
Bhavya

Quote:

Originally Posted by subasan

How do you see Sri Lanka in the last 5 years - in terms of development, infrastructure, socio-economic standards, education. Has people evolved better?

I think our country is evolving in every field, I think in five years we would live a more luxurious life than now. But it has its own cons as well. These developments increase our life expenses, reduce nature resources and increase the gap between rich and poor which is not welcoming change.
09-26-2018, 11:05 AM
subasan

Quote:

Originally Posted by Bhavya

I think our country is evolving in every field, I think in five years we would live a more luxurious life than now. But it has its own cons as well. These developments increase our life expenses, reduce nature resources and increase the gap between rich and poor which is not welcoming change.

I agree with evolving in every field but the reduction in currency value or the raise in cost of living shows the economic imbalance that this country suffers. I guess the gap between rich and poor is narrowing now-a-days. Do you have a contradicting view?
09-26-2018, 04:33 PM
Shana

Quote:

Originally Posted by subasan

I agree with evolving in every field but the reduction in currency value or the raise in cost of living shows the economic imbalance that this country suffers. I guess the gap between rich and poor is narrowing now-a-days. Do you have a contradicting view?

The gap is still there. It hasn't reduced. As rich people get richer, somehow poor will stay poor. it is how it has been all these time, and if it has to change, then we need a major political changeover.
09-26-2018, 04:42 PM
Moana

Quote:

Originally Posted by subasan

How do you see Sri Lanka in the last 5 years - in terms of development, infrastructure, socio-economic standards, education. Has people evolved better?

It will remain the same, hopefully the education system might be changed.
09-26-2018, 05:42 PM
subasan

Quote:

Originally Posted by Shana

The gap is still there. It hasn't reduced. As rich people get richer, somehow poor will stay poor. it is how it has been all these time, and if it has to change, then we need a major political changeover.

I don't see that the political changeover will have any influence on the way people thinks. People should come forward to bridge the gap between poor and rich. Staying rich or poor is in our hands only. Peace.
09-27-2018, 04:30 PM
Bhavya

Quote:

Originally Posted by subasan

I agree with evolving in every field but the reduction in currency value or the raise in cost of living shows the economic imbalance that this country suffers. I guess the gap between rich and poor is narrowing now-a-days. Do you have a contradicting view?

In my point of view, These current developments in our country increasing the gap between rich and poor. I mean these developments providing a more luxurious life to the rich people and poor people going through more suffering because of the rise in the cost of living.
09-27-2018, 10:41 PM
Moana

Quote:

Originally Posted by subasan

I agree with evolving in every field but the reduction in currency value or the raise in cost of living shows the economic imbalance that this country suffers. I guess the gap between rich and poor is narrowing now-a-days. Do you have a contradicting view?

The country's currency is determined by the export and import level . If the money supply is increased them srilanka will definitely fall for the victim of inflation . So the government reducing the currency is something that is needed to he done in benefit of the country.
09-27-2018, 10:44 PM
Moana

True this, but if the cost of living is raised only the country's tax payments can be balanced.
09-28-2018, 12:51 PM
subasan

Quote:

Originally Posted by Bhavya

In my point of view, These current developments in our country increasing the gap between rich and poor. I mean these developments providing a more luxurious life to the rich people and poor people going through more suffering because of the rise in the cost of living.

I agree with your point regarding developments and sufferings. I wish to add that these developments have helped the poor also in some ways ex, mobile phones, internet to help communicate. But I still stand with my point that the gap has reduced comparing before as the rich can be reached or questioned now easily comparing earlier.
09-28-2018, 12:58 PM
subasan

Quote:

Originally Posted by Moana

The country's currency is determined by the export and import level . If the money supply is increased them srilanka will definitely fall for the victim of inflation . So the government reducing the currency is something that is needed to he done in benefit of the country.

True that. You have a good understanding. The issuance of currency notes should be reduced by the Government. The higher value currency notes should also be eradicated.
10-01-2018, 01:25 PM
Moana

Quote:

Originally Posted by subasan

True that. You have a good understanding. The issuance of currency notes should be reduced by the Government. The higher value currency notes should also be eradicated.

But devaluating a country's currency or decreasing a country's money supply could result in a serious issue to a country's interest rates. What do you think of this?
10-02-2018, 11:43 AM
subasan

Quote:

Originally Posted by Moana

But devaluating a country's currency or decreasing a country's money supply could result in a serious issue to a country's interest rates. What do you think of this?

This is not an immediate process. I meant only the higher currency rates. For ex, if can buy a lot more things in Rs.1000, there is no need for Rs.5000 note. When there is a demand for your currency notes, that's when your economy is stable. The Government should think about their countries needs and growth, not their own. If the Government can plan something right in the next 5 years, they can execute in another 15 years. But with the current Government what more can you think of? :/
10-02-2018, 03:08 PM
Moana

Quote:

Originally Posted by subasan

This is not an immediate process. I meant only the higher currency rates. For ex, if can buy a lot more things in Rs.1000, there is no need for Rs.5000 note. When there is a demand for your currency notes, that's when your economy is stable. The Government should think about their countries needs and growth, not their own. If the Government can plan something right in the next 5 years, they can execute in another 15 years. But with the current Government what more can you think of? :/

This makes sense, this has to be taken into serious consideration.
11-08-2019, 11:43 AM
Bhavya

Quote:

Originally Posted by Shana

The gap is still there. It hasn't reduced. As rich people get richer, somehow poor will stay poor. it is how it has been all these time, and if it has to change, then we need a major political changeover.

Exactly Shana, the gap between rich and poor still there as you said rich getting richer and poor stay poor without any major improvements. Yeah to change this we need a strong political changeover in our country. Let's hope for the best for our nation!
11-08-2019, 11:50 AM
Bhavya

Quote:

Originally Posted by subasan

I agree with your point regarding developments and sufferings. I wish to add that these developments have helped the poor also in some ways ex, mobile phones, internet to help communicate. But I still stand with my point that the gap has reduced comparing before as the rich can be reached or questioned now easily comparing earlier.

May as you said nowadays we can reach the rich and question them, but do we get the solutions for our questions? when we get the answers for our raised questions then only the gap between rich and poor will get reduce.