Sri Lanka’s edible oil market has garnered considerable attention in recent weeks due to a series of events including the banning of palm oil imports in a bid to promote the local coconut industry and the detection of aflatoxins in imported coconut oil. The edible oil industry is important for Sri Lanka with oils and fats being a major constituent of the typical Sri Lankan diet and a raw material in manufacturing, the food manufacturing industry in particular. According to the latest available data, there are around 5,057 establishments employing 332,828 workers in the formal food manufacturing sector which generate an annual output of approximately LKR 1.4 billion. This blog assesses the local edible oil market and its potential for import substitution.
Across the globe, the magnitude of the COVID-19 pandemic has sparked a new urgency around healthcare systems and universal health coverage – the access to high-quality and affordable healthcare services for all, as and when needed. The limited resources available to address multiple challenges facing the health system point to the critical need for policymakers to explore smarter ways of investing existing funds. This blog examines some areas in which health spending can be made more efficient, drawing from information collected for an ongoing IPS study.
For women’s month, we posed the following question to some of our researchers: what are some of the challenges women in Sri Lanka face from a gender equality standpoint and how can we tackle them? This blog carries responses from Ashani Abayasekara, Research Economist; Kithmina Hewage, Research Economist; Harini Weerasekera, Research Economist; Chathurga Karunanayake, Research Officer; and Tharindu Udayanga, Research Assistant.
This blog, based on a forthcoming IPS publication, discusses the impact of tobacco spending on other basic needs. The findings of the study show that spending on tobacco results in households foregoing other critical expenditure.
This year, the International Day of Forests is marked under the apt theme “Forest restoration: a path to recovery and well-being”. Forest restoration is one of the priority areas for mitigating the effects of climate change. Restoration and sustainable management of forests will help absorb atmospheric pollutants, re-build natural habitats and sustain life on earth.
This blog discusses Sri Lanka’s declining forest cover and offers suggestions on how the drivers of deforestation can be countered.