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Sri Lanka economy

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How Sri Lanka Can Overcome Its Economic Crisis

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

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

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

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

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

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

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

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

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

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

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

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?

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