Tag

Sri Lanka economy

Debt-stricken Sri Lanka Signs a Free Trade Pact With Thailand

Debt-stricken Sri Lanka Signs a Free Trade Pact With Thailand

By Bharatha Mallawarachi
The two countries have agreed to promote investment in areas such as fisheries, food processing, tourism, and green energy.

Is Sri Lanka’s Wickremesinghe Pivoting to China?

Is Sri Lanka’s Wickremesinghe Pivoting to China?

By Rathindra Kuruwita
A deal with Huawei Technologies, which is blacklisted in the United States, is unlikely to please the Americans.
India’s Foreign Policy Progress in Sri Lanka is a Strategic Setback for China

India’s Foreign Policy Progress in Sri Lanka is a Strategic Setback for China

By Mark S. Cogan
Since an economic crisis hit the country last year, New Delhi has reminded Colombo who its real friends are.

1 Year Later, Sri Lanka’s Struggle Continues 

1 Year Later, Sri Lanka’s Struggle Continues 

By Tasnim Nazeer
On the first anniversary of the people’s uprising, the spirit of dissent among Sri Lankan citizens remains strong. 

What’s in the IMF’s New Extended Fund Facility Arrangement for Sri Lanka? 

What’s in the IMF’s New Extended Fund Facility Arrangement for Sri Lanka? 

By Michael Iveson
The IMF’s $2.9 billion EFF program lays out major structural reforms required to restore long-term macroeconomic stability in Sri Lanka. 

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

The Real Cause of Sri Lanka’s Debt Trap

The Real Cause of Sri Lanka’s Debt Trap

By Bram Nicholas and Shiran Illanperuma
Sri Lanka’s default highlights the dangers of relying on international sovereign bonds – with high interest rates – to fund development.

China Should Rethink Its Position on Debt

China Should Rethink Its Position on Debt

By Sarah Saadoun
China has lent over $1 trillion to more than 150 countries as part of its Belt and Road Initiative, making it the world’s largest official creditor.
Sri Lankan Leader Appeals for Patience Amid Economic Crisis

Sri Lankan Leader Appeals for Patience Amid Economic Crisis

By Krishan Francis
Government doctors, university teachers, and other workers from ports and the power and petroleum sectors are calling on the government to lower income taxes.

Sri Lanka’s Steep Climb Out of the Economic Abyss

Sri Lanka’s Steep Climb Out of the Economic Abyss

By Luke Hunt
Colombo is still waiting on Beijing’s approval for debt restructuring.

Sri Lanka’s Tourism Industry Revives Despite Public Protests

Sri Lanka’s Tourism Industry Revives Despite Public Protests

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

Protests Against Sri Lankan President a Flop Show

Protests Against Sri Lankan President a Flop Show

By Rathindra Kuruwita
Low turnout at the protests indicates that Sri Lankans are giving the Ranil Wickremesinghe administration a chance to deliver.
Sri Lanka’s Story of Sovereign Default

Sri Lanka’s Story of Sovereign Default

By Umesh Moramudali
How did Sri Lanka’s economic crisis get so bad – and how can the country move forward from here?

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