Tag
Sri Lanka foreign exchange crisis

July 23, 2022
Is Pakistan the Next Sri Lanka?
By Muhammad Akbar Notezai
Pakistan’s own economic crisis has sparked worried comparisons to the disaster unfolding in nearby Sri Lanka.

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.

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.

March 17, 2022
Sri Lankan Leader Seeks IMF Help as Economic Crisis Deepens
By Krishan Francis
The government had resisted dealing with the IMF, claiming that this would undermine the country's interests. Its latest decision marks a policy shift.

March 05, 2022
China, India, and Sri Lanka’s Unprecedented Economic Crisis
By Umesh Moramudali
Can China and India help Sri Lanka to avoid a sovereign default?

March 03, 2022
Higher Oil Prices Push Sri Lanka Into Deeper Economic Crisis
By Krishan Francis
The dire foreign exchange crisis has worsened with the crisis in eastern Europe. Russia and Ukraine are important markets for Sri Lankan tea and tourism.
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