Tag
Sri Lanka economy
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.
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.
April 27, 2022
India Reaps Economic Gains From Sri Lanka’s Crisis
By Arundathie Abeysinghe
Sri Lanka’s apparel and tea industries are seeing orders diverted to India amid shortages and unrest.
February 23, 2022
Sri Lanka Imposes Power Cuts as Cash Crisis Deepens
By Bharatha Mallawarachi
A currency crunch has hindered imports of fuel and other essentials from overseas, including milk powder, cooking gas, and petrol.
February 09, 2021
Sri Lanka’s Foreign Debt Crisis Could Get Critical in 2021
By Umesh Moramudali
Sri Lanka’s debt problem has deep roots. How bad things can get in 2021?
October 23, 2020
Sri Lanka’s Changing Relationship to Chinese Loans
By Umesh Moramudali
Both the share and the type of loans from China are changing as Sri Lanka wrestles with persistent balance of payment issues.
November 07, 2019
Sri Lanka’s Uneven Reconstruction
By Umesh Moramudali
Nearly a decade after the civil war ended, war-affected provinces still lag behind the rest of the country economically.
August 01, 2019
Against the Tide: The Growth of China-Sri Lanka Trade
By Umesh Moramudali
Chinese trade with the island nation is booming even while Indian trade seems stuck.
July 31, 2019
Easter Bombings Damaged Sri Lanka Economy Beyond Tourism
By Bharatha Mallawarachi
While a huge share of job losses were in the tourism sector, they've rippled through many other industries.
May 14, 2019
Is Sri Lanka Really a Victim of China’s ‘Debt Trap’?
By Umesh Moramudali
Sri Lanka’s debt crisis and Chinese loans – separating myth from reality.
May 06, 2019
China in South Asia: Loan Shark or Lender of Last Resort?
By Akhil Ramesh
Is it accurate to characterize China’s lending practices in South Asia as predatory?
March 27, 2019
What Sri Lanka’s 2019 Budget Tells Us About Its Economic Health
By Umesh Moramudali
In the aftermath of political turmoil, Sri Lanka’s government will be hard-pressed to manage debt and growth in 2019.
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