Home / Front Page/ Year 2018 unlikely to be good for Sri Lanka: Survey

Year 2018 unlikely to be good for Sri Lanka: Survey

Comments / {{hitsCtrl.values.hits}} Views / Saturday, 20 January 2018 00:05


The latest monthly poll conducted by research firm Kantar TNS, for business magazine LMD, reveals that a majority (60%) of citizens doubt that 2018 will be positive for the country.

Respondents cite the far from satisfactory country situation at present, a lack of good leaders in the government, the prevailing economic conditions and the high cost of living as reasons for their pessimistic outlook, LMD reports in its January edition.

The magazine adds that governance is likely to weaken over the next 12 months, according to six in 10 of those consulted in the latest poll.

Sentiment regarding the economy isalso in negative territory with LMD noting thatover two-thirds of those surveyed don’t expect the economy to be strong this year. Respondentscite adverse testimonials such as ‘it’s hard to think that a strong economy will be built,’‘incomes are insufficient to live’ and ‘no action has been taken to build an economy that has collapsed,’ LMD notes.

 Asked whether the cost of living will be manageable, as many as eight in 10 respondents refute the assertion;theyare bracing themselves for an increase in the cost of goods and services in the new year, while noting that ‘salaries are low and there is no increase in incomes.’

According to LMD, 23% of respondents feel that corruption will be less than in 2017. But the majority (63%) of those surveyed remain unconvinced that such a scenario will materialise.

Citizens point to constitutional reform, stronger governance, lower interest rates, a lower cost of living, foreign investment and better infrastructure as the priorities for Sri Lanka in 2018.

LMD’s publisher, Media Services, says the January edition of the pioneering business magazine has been released to leading supermarkets and bookstores in Colombo and the outstations.

Its Cover Story featuresSimrin Singh, the Country Director for the ILO Country Office for Sri Lanka and the Maldives(for the full story, log onto www.LMD.lk).

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Difference between a woman and a man (yin and yang) and finding solutions to violence in society

Thursday, 18 July 2019

This is not at all a philosophical discourse on gender differences, or the complementary roles of yin and yang (women and men) in social or biological formation. This is also not to speak about who is superior among the two. This is just an observati

I wish Sajith Premadasa had taken up a challenging ministry to showcase his prowess

Thursday, 18 July 2019

Expectations, father and son Sajith Premadasa has put his hands up for leadership in the party and for nomination by the United National Party in the forthcoming presidential elections. I wish Sajith had tested himself, and had given the public a cha

Foreign Affairs and Defence to be one portfolio?

Thursday, 18 July 2019

Unless we are all suffering from dementia, the last experience with a foreign military on our soil should be very clear in our heads. The Indian Peace Keeping Force landed in Sri Lanka to supposedly bring peace to the war-torn country when the LTTE t

Federer lessons for Sri Lanka tourism

Thursday, 18 July 2019

The Wimbledon Men’s Final in 2008 was termed as the best match the world has seen between the two arch rivals Federer and Nadal. But, what we saw last Sunday between the two of them after 11 years sure shocked the world. Many just asked the questio

Columnists More