Tag
Sri Lanka economy
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
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
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
By Luke Hunt
A conversation with economist Ganeshan Wignaraja.
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
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
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
By Bharatha Mallawarachi
The island's usable foreign reserves are now down to less than $50 million.
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.
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.
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?
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.