With its president fleeing amid widespread protests, Sri Lanka has been plunged deeper into an ever spiraling political crisis. It’s easy to forget in this meltdown, but the economic turmoil that has ...
COLOMBO, April 2, 2024—Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still ...
TWO YEARS have passed since Sri Lanka—crippled by covid-19, excessive borrowing and a series of policy blunders—defaulted on its debts. Inflation soared, the rupee plunged in value and fuel supplies ...
Sri Lanka is emerging from an unprecedented economic crisis that imposed significant hardships on its people, especially the most vulnerable. We saw some of these effects in our own travels around the ...
Rescue efforts across the nation of 23 million have been hampered by disruptions in transport and telecommunications.
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