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Global Knowledge Index 2020: Lanka ranks second in South Asia

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Sri Lanka ranked 87th out of 138 countries in the Global Knowledge Index 2020. It has scored 42.1 – the second among South Asian nations. With a score of 44.4, India ranked 75th in the world and was ahead of other South Asian countries

Bangladesh has ranked 112th out of 138 countries in the Global Knowledge Index 2020. It has scored 35.9 — the lowest among South Asian countries.

The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation jointly released the 2020 Global Knowledge Index (GKI) at a conference in Dubai on Wednesday.

Among other South Asian countries, Bhutan scored 40.9, Nepal 36.2 and Pakistan scored 35.9.

Switzerland topped the Index with a score of 73.6. This is the fourth time in a row that the country has held the top spot. The United States is second with a score of 71.1 and Finland is third with a score of 70.8.

Factors, including education, technology, development and innovation have been considered in creating the index.

The index has been made based on 133 variables under seven sectors. These are: pre-university education; technical and vocational education and training; higher education and research; development and innovation; information and communication technology; economics; and general supportive environment.

The Global Knowledge Index (GKI), produced annually since 2017, is a summary measure for tracking the knowledge performance of countries at the level of seven areas, namely pre-university education, technical and vocational education and training, higher education, research, development and innovation, information and communications technology, economy and the general enabling environment.

It aims to measure the multifaceted concept of knowledge. The concept is a fluid one, often linked to related concepts such as ‘knowledge economy’ or ‘knowledge society’. It is also sometimes restricted to a narrow understanding that limits the focus to education or technology.

Given the variations in its use and meaning, the GKI aims to introduce a more systematic understanding of knowledge by breaking down the concept into its constituent components, thus recognizing the multidimensional nature of knowledge systems in all contexts and applications relating to economic and social structures. This allows a more meaningful and insightful exploration of knowledge policies in relation to different sectors. Additionally, it also enables a more scientific and evidence-based linkage between development and knowledge, in maintaining the notion of human development as applied by UNDP as well as the concept of sustainable development agreed by world leaders in 2015 in the 2030 Agenda for Sustainable Development. 

Covering 138 countries and 199 indicators, the GKI provides a systematic tool for guiding and informing policymakers, researchers, civil society and the private sector to collaborate on different aspects of policies to foster knowledge-based societies and bridge knowledge gaps.



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COPE discovers fake documents covering drug imports in 2022/23

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The Parliamentary watchdog Committee on Public Enterprises (COPE) has found that there were fake documents regarding the importing of medicines under the emergency procurement system in 2022 and 2023.

This was revealed during a COPE meeting held at Parliament probing the transactions of the National Medicine Regulatory Authority (NMRA).

NMRA CEO Saveen Semage told the committee that several fake documents have been found due to the lack of registration of medicines.

Stating that six such fake documents were found last year alone, Semage said he had recorded statements regarding each of the documents with the Financial Crimes Investigation Division.

He revealed that, however, no investigations have been conducted yet into the incidents.

“We have documents with confessions from a woman accepting that fake documents had been made. However, a statement has not even been recorded from that woman yet,” he said.

Meanwhile, COPE member MP Asitha Niroshana Egoda Vithana also revealed that the highest number of waive-off registrations (WOR) for medicines had been obtained in 2022 and 2023.

He said 656 such WORs had been obtained in 2022 and 261 in 2023, adding that this proves that discrepancies have taken place during the emergency procurement of medicines during these periods.

Furthermore, Deputy Director General of the Medical Supplies Division of the Health Ministry, Dr. G. Wijesuriya said discussions are underway on allowing the State Pharmaceutical Corporation (SPC) to directly import essential medicines.He pointed out that it was essential to take a policy decision in this regard as a solution to mitigate such discrepancies.

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Batalanda report tabled in parliament, forwarded to AG

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Bimal Ratnayake

The Batalanda Commission report was tabled in Parliament on Friday by the Leader of the House and Transport Minister, Bimal Ratnayake.

Minister Ratnayake announced that the government has decided to forward the report to the Attorney General for legal advice. Additionally, a Presidential Committee will be appointed to provide guidance and recommendations on how to proceed with the findings of the report.

Ratnayake said that the Cabinet of Ministers, along with President Anura Kumara Dissanayake, has made a policy decision to take necessary action in response to the report. He reassured the public that steps are being taken to ensure that such a dark chapter in the country’s history is never repeated.

Minister Ratnayake said that a two-day debate on the Batalanda Commission report will be scheduled in Parliament at an appropriate time, allowing for a detailed discussion on the report’s findings and recommendations.

The report, which will be printed in all three official languages—Sinhala, Tamil, and English—will be made available to the public in the near future. Ratnayake confirmed that printed copies would be provided to members of Parliament as well as the general public for their review.

The Leader of the House further revealed that there are 28 evidence volumes associated with the commission’s work, which will be submitted to Parliament at a later date for further scrutiny.

Ratnayake said that as entire country concerned of the Batalanda Commission’s findings, the government’s commitment to addressing the issues raised and preventing future atrocities stands clear. The next steps, including legal action and policy recommendations, will be shaped by expert advice and informed parliamentary discussions, he said.

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CB Governor stresses need to assist crisis-hit construction industry

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Governor of the Central Bank Dr. Nandalal Weerasinghe on Friday (14) emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector.

Speaking at ‘Construction Expo 2025’, Dr. Weerasinghe underscored the need for Sri Lanka to align with global trends in sustainable construction, integrating cost-effective energy solutions and eco-friendly building practices.

“I must say my views here are not necessarily as Governor of the Central Bank of Sri Lanka, but as a person looking at this construction industry and how this can be developed and what the issues are. Sustainability in construction is essential, not just for new projects but also for existing buildings,” he noted.

Dr. Weerasinghe acknowledged that the construction sector has been one of the hardest-hit industries due to multiple economic pressures in recent years including the decline in public investments, high material costs and the industry being dependent on government projects.

The CBSL Governor, who acknowledged that the government faced fiscal constraints, limiting infrastructure spending and delaying payments to contractors, said that however, the outstanding arrears had now been settled.

“Government did not have space to spend money for public investment, especially construction that had a significant impact on the industry in the last couple of years, plus the government inability to pay the arrears for a long period. That was an issue we all recognize that has been one of the adverse impacts the industry had in the past”, he expressed.

“Also the cost of materials went up significantly, partly because of foreign exchange shortages. As a result, the shortage had shot up the prices of construction materials, as well as depreciation of the currency, high interest rates, finance costs, and other factors. We all recognize that it had an adverse impact on the industry. It’s one of the worst affected industries because of all these factors.”

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