Sri Lankan economy
March 15, 2023
Sri Lankan State Workers Strike, Protesting High Taxes
By Krishan Francis
The government says it was compelled to raise taxes to strengthen state revenue, a key prerequisite to unlocking the $2.9 billion IMF package.
November 14, 2022
Sri Lanka Aims to Hike Taxes in Budget to Soften Crisis
By Bharatha Mallawarachi
The Wickremesinghe government plans to more than double tax revenue to be able to meet expenditure without having to print currency.
June 06, 2022
Sri Lanka Holds its Breath as New PM Fights to Save Economy
By Bharatha Mallawarachi and Krutika Pathi
Financial hardship persists but there is growing hope among Sri Lankans that Ranil Wickremsinghe will see them through the tough times.
May 20, 2022
China Becomes Wild Card in Sri Lanka’s Debt Crisis
By Bharatha Mallawarachi, Krutika Pathi and Joe McDonald
Beijing has promised to “play a positive role” in talks with the IMF and offered Colombo more loans but is reluctant to cut its debt.
January 13, 2015
Sri Lanka’s Economic Challenge
By Anthony Fensom
The new president has set an ambitious timetable for reforms.
July 10, 2014
Sri Lanka: Export Powerhouse?
By Michael Vurens van Es
For the country’s working and middle classes, the Hambantota port development will have important consequences.
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