Independent economic think-tank Advocata Institute was recognised at the Atlas Network’s Templeton Freedom Award Prize Programme for the economic analysis work it has carried out in Sri Lanka.
The think-tank emerged as the winner of 2022 Asia Liberty Award and will receive a prize of USD 10,000.
The programme honours and rewards think tanks around the world through six Regional Liberty Awards.
The award recognizes Advocata’s impact as a leading voice in Sri Lanka, promoting free-market reforms as a means of alleviating the country’s current economic crisis.
Advocata Institute has been instrumental in a range of policy reforms, including abolishing price controls, public advocacy for debt restructuring and engaging with international organizations like the IMF, and leading the conversation on the costs of Sri Lanka’s state-owned enterprises and border taxes.