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Sri Lanka

Sri Lanka Begins Crucial Debt Restructuring Talks with China
October 07, 2022

Sri Lanka Begins Crucial Debt Restructuring Talks with China

By Krishan Francis
Sri Lanka is nearly bankrupt and has suspended repaying its $51 billion foreign debt, of which it must repay $28 billion by 2027.

Pakistan’s Flooding Underscores Climate Risks in South Asia
August 31, 2022

Pakistan’s Flooding Underscores Climate Risks in South Asia

By Ankit Panda and Catherine Putz
Devastating floods have placed a third of the country underwater, underscoring significant climate risks in South Asia.
Sri Lanka’s President Says IMF Talks Nearing Successful End
August 30, 2022

Sri Lanka’s President Says IMF Talks Nearing Successful End

By Krishan Francis and Bharatha Mallawarachi
President Ranil Wickremesinghe said his government will soon start negotiating debt restructuring with countries that provide loans to Sri Lanka.

India’s Irritation With China Grows 
August 30, 2022

India’s Irritation With China Grows 

By Rajeswari Pillai Rajagopalan
The Indian and Chinese diplomatic missions in Sri Lanka sparred on social media over the visit of a Chinese military research vessel to the island nation.

Sri Lanka’s Strategic Ambiguity Won’t Hold
August 19, 2022

Sri Lanka’s Strategic Ambiguity Won’t Hold

By Viruben Nandakumar
Sri Lanka’s refusal to codify trade relations with India speaks to a consistent policy of strategic ambiguity.

What International Financial Actors Need to Learn From Sri Lanka
August 12, 2022

What International Financial Actors Need to Learn From Sri Lanka

By Frances Rachel Morrow-Nguyen
Establishing rules of the aid game and channels of communication might prevent a repeat of the current crisis, in Sri Lanka and elsewhere.

Sri Lanka Introduces Reform Bill to Clip Presidential Powers
August 10, 2022

Sri Lanka Introduces Reform Bill to Clip Presidential Powers

By Krishan Francis
If passed into law, the amendments would reinstate democratic reforms made in 2015 and then reversed in 2020 under President Gotabaya Rajapaksa.
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.

How Australia Can Help Sri Lanka
July 21, 2022

How Australia Can Help Sri Lanka

By Grant Wyeth
If the northeast Indian Ocean is of strategic interest to Australia, then the current economic and political crisis in Sri Lanka ought to be a pressing concern for Canberra. 

Sri Lanka Lawmakers to Pick New President but No Deal on Prime Minister
July 12, 2022

Sri Lanka Lawmakers to Pick New President but No Deal on Prime Minister

By Krishan Francis
President Gotabaya Rajapaksa promised to step down, while Prime Minister Ranil Wickremesinghe said he would leave once a new government was in place.

How Sri Lanka’s Crisis Hurts 8,000 Miles Away
June 02, 2022

How Sri Lanka’s Crisis Hurts 8,000 Miles Away

By Sandhira Wijayaratne
One member of the Sri Lankan diaspora reflects on the agony of watching his motherland lurch from crisis to crisis. 
Wickremesinghe Chosen Sri Lanka Prime Minister in Effort to Quell Crisis
May 13, 2022

Wickremesinghe Chosen Sri Lanka Prime Minister in Effort to Quell Crisis

By Krishan Francis and Bharatha Mallawarachi
The president's selection of Wickremesinghe a five-time former prime minister, is an attempt to end the violence and restore international credibility.

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