Tag
Sri Lanka economic crisis

August 10, 2022
Is China to Blame for Sri Lanka’s Debt Woes?
By Ivory Kairo
China's role in lending to Sri Lanka has expanded in the last 20 years, but fewer Chinese loans would not have saved the country from its current economic crisis.

August 03, 2022
Sri Lanka Leader Proposes 25-year Plan for Crisis-hit Nation
By Krishan Francis
Wickremesinghe said the government's aim is to create a surplus in the primary budget by the year 2025 and to bring down public debt.

July 27, 2022
Sri Lanka’s State-Owned Enterprises Are a Big Part of Its Economic Problems
By Talal Rafi
These loss-making entities are a huge drain on government coffers. It's time to think about privatization in some cases.

July 23, 2022
Is Pakistan the Next Sri Lanka?
By Muhammad Akbar Notezai
Pakistan’s own economic crisis has sparked worried comparisons to the disaster unfolding in nearby Sri Lanka.

July 15, 2022
The Deep Roots of Sri Lanka’s Economic Crisis
By Talal Rafi and Brian Wong
The economic crisis was made at home, a result of structural political and economic weaknesses. Any solutions have to start there.

July 12, 2022
As Sri Lanka’s Economy Unravels, a Crude Awakening
By Luke Hunt
Gotabaya Rajapaksa has stepped down, but the task of cleaning up the country's economic mess has only just begun.

July 12, 2022
The Rajapaksa Regime Is Gone. What Next for Sri Lanka?
By P.K. Balachandran
“Gota” is finally gone, but ending Sri Lanka’s chronic instability will be an even harder task than ousting the Rajapaksas.

July 09, 2022
Sri Lankans Storm President’s House, Office in Biggest Rally Yet
By Krishan Francis
Protesters had successfully demanded the prime minister’s resignation, but they want his brother gone from the presidency as well.

July 06, 2022
Economic Crisis Forces Sri Lanka to Shed Fears and Move Closer to US, Middle East
By P.K. Balachandran
Sri Lanka has accepted a USAID project to promote “productive democratic governance” and is seeking fuel on credit from Middle East.

June 27, 2022
Sri Lanka Sends 2 Ministers to Russia to Negotiate for Oil
By Bharatha Mallawarachi
It comes amid a high-level U.S. delegation’s visit to Sri Lanka to help it cope with the unprecedented economic crisis.

June 25, 2022
India Strengthens Its Position in Sri Lanka Vis-à-Vis Rival China
By P.K. Balachandran
By offering support during Colombo’s economic collapse, India has widened its footprint in Sri Lanka after a decade of losing ground to China.

June 01, 2022
Michael Kugelman on South Asia’s Overlapping Crises
By Shannon Tiezzi
“Pakistan and Sri Lanka have experienced the most political tumult in South Asia, and in both cases it’s been driven by economic stress.”
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