Sri Lanka

The Wickremesinghe government plans to more than double tax revenue to be able to meet expenditure without having to print currency.

India can follow up on its humanitarian and financial aid by building holistic maritime security and connectivity linkages with its neighbor.

Tourist numbers are rebounding after the worst of the financial crisis, but are still nowhere near government aspirations.

Low turnout at the protests indicates that Sri Lankans are giving the Ranil Wickremesinghe administration a chance to deliver.

China may require little from recipient countries on the front end. But choosing to engage with China is far from cost-free. 

Rights groups say the military has sought to curb protests through intimidation, surveillance, and arbitrary arrests since Ranil Wickremesinghe became president in July.

China is using Buddhist narratives to promote its soft power in Sri Lanka – and bolster its image as a harmonious regional power.

The vote on the 22nd Amendment to the constitution lays bare the declining grip of the Rajapaksas over the SLPP.

A constitutional amendment to curtail presidential powers – again – was a key demand of the protests that drove the previous president and prime minister from office.

The project cost Sri Lanka $113 million, maintenance costs are reportedly huge and annual revenue is pegged at present at around $8.2 million. When will it recover its expenditure?

Sri Lanka is nearly bankrupt and has suspended repaying its $51 billion foreign debt, of which it must repay $28 billion by 2027.

Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails.