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Sri Lanka economy

Sri Lanka’s Tourism Industry Revives Despite Public Protests
November 08, 2022

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
November 07, 2022

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
September 01, 2022

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?

How Sri Lanka Can Overcome Its Economic Crisis
August 26, 2022

How Sri Lanka Can Overcome Its Economic Crisis

By Talal Rafi and Sirimal Abeyratne
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.

Sri Lanka Leader Proposes 25-year Plan for Crisis-hit Nation
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.

Sri Lanka’s State-Owned Enterprises Are a Big Part of Its Economic Problems
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.

Sri Lanka’s New President Cracks Down on Protests as Challenges Mount
July 26, 2022

Sri Lanka’s New President Cracks Down on Protests as Challenges Mount

By Luke Hunt
Ranil Wickremesinghe's use of troops to dismantle protest camps in Colombo sends out a chilling message.
Sri Lanka’s Future May Not Be All That Bleak
July 20, 2022

Sri Lanka’s Future May Not Be All That Bleak

By Luke Hunt
A conversation with economist Ganeshan Wignaraja.

The Deep Roots of Sri Lanka’s Economic Crisis
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.

As Sri Lanka’s Economy Unravels, a Crude Awakening
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.

Sri Lanka’s Crisis Cripples Once Burgeoning Middle Class
June 22, 2022

Sri Lanka’s Crisis Cripples Once Burgeoning Middle Class

By Krutika Pathi and Bharatha Mallawarachi
Families that never had to worry about food or fuel are now cutting back on meals and eating less.
Sri Lanka Is on the Brink of Bankruptcy
May 04, 2022

Sri Lanka Is on the Brink of Bankruptcy

By Bharatha Mallawarachi
The island's usable foreign reserves are now down to less than $50 million.

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