Sri Lanka economic crisis

The government should take advantage of the crisis to do things that it could never attempt before, from addressing regressive subsidies to restructuring state-owned enterprises.

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.

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.

These loss-making entities are a huge drain on government coffers. It's time to think about privatization in some cases.

Pakistan’s own economic crisis has sparked worried comparisons to the disaster unfolding in nearby Sri Lanka.

The economic crisis was made at home, a result of structural political and economic weaknesses. Any solutions have to start there.

Gotabaya Rajapaksa has stepped down, but the task of cleaning up the country's economic mess has only just begun.

“Gota” is finally gone, but ending Sri Lanka’s chronic instability will be an even harder task than ousting the Rajapaksas.

Protesters had successfully demanded the prime minister’s resignation, but they want his brother gone from the presidency as well.

Sri Lanka has accepted a USAID project to promote “productive democratic governance” and is seeking fuel on credit from Middle East.

It comes amid a high-level U.S. delegation’s visit to Sri Lanka to help it cope with the unprecedented economic crisis.

By offering support during Colombo’s economic collapse, India has widened its footprint in Sri Lanka after a decade of losing ground to China.