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What is a currency crisis

Sri Lanka: the New Theater of Rivalry Between India and China

Tamil diaspora makes several demands

Strategizing economic recovery

Strategizing economic recovery

Restructuring Sri Lanka’s Debt

Sri Lanka – Current Political Situation

HRC 51: Draft resolution on Sri Lanka

Sri Lankan Banking Sector Under Pressure Amid Nationwide Crisis

The spirit remains alive

Sri Lanka’s crisis: The long shadow of colonialism

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Category: Economic

Economic

Forex Crisis and National Economy

eyeadmin
24th January 202224th January 2022
Speaking at the webinar “Impact of Forex Crisis and Solutions for National Economy” held on 23 January 2022, the Governor of the Central Bank of...
Economic

Economists tell: default on bond, buy food

eyeadmin
17th January 2022
Sri Lankan rupee banknotes sit in a bucket at a fruit stall in Colombo. The country is running out of imported food, fuel, medicine and a...
Economic

UN paints bleak picture

eyeadmin
15th January 202215th January 2022
The United Nations (UN) expects Sri Lanka to face numerous challenges this year, mainly as a result of the coronavirus. According to a UN report,...
Economic

Critical Week in Bid to Stabilize Economy

eyeadmin
14th January 202214th January 2022
Sri Lanka’s leaders face critical tests next week of how they plan to pull the South Asian nation out of an economic tailspin, with a...
Economic

Banks turn cautious on exposures

eyeadmin
7th January 20227th January 2022
As Sri Lanka grapples with a severe foreign exchange crunch, high street banks in India have turned cautious and selective about their exposures to the...
Economic

Green, resilient, and inclusive development: Lessons from Sri Lanka

eyeadmin
7th January 20227th January 2022
A new development paradigm is emerging which aims for a post-pandemic economic recovery that is more sustainable and resilient to shocks and leaves no one...
Sri Lanka’s Currency Crisis
Economic

Sri Lanka’s Currency Crisis

eyeadmin
1st January 20221st January 2022
Sri Lanka ends 2021 with foreign currency reserves in hand (US$1.6 billion) to support a month of imports. For much of the year, a shortage...
Economic

A Debt-for-Equity Swap

eyeadmin
2nd December 20212nd December 2021
In what is being described as another case of “debt trap” diplomacy, China’s Export-Import Bank appears poised to take over Uganda’s Entebbe Airport and other...
Why A Bear Market In Bonds Points To A Weakening Economy
Economic

Why A Bear Market In Bonds Points To A Weakening Economy

eyeadmin
15th October 202115th October 2021
After closing at 0.53 percent in July 2020 the yield on the ten-year US T-bond moved relentlessly higher, closing on Tuesday, September 28, 2021, at...
Economic

Organic Farming Mandate

eyeadmin
21st September 202121st September 2021
In April, the Sri Lankan government banned the import and use of fertilizers and agrochemicals, including insecticides and herbicides, marking a significant step in their goal to become...
Economic

How the country’s economy slid?

eyeadmin
17th September 202117th September 2021
Crisis is upon Sri Lanka. Last week, President Gotabaya Rajapaksa decreed a state of emergency over food supplies, the dollar was being sold for over...
Economic

India’s appetite for economic diplomacy

eyeadmin
15th September 202115th September 2021
The Maldives and Sri Lanka, both highly tourism-dependent tropical islands, have seen the pandemic devastate their economies and finances. Government debt this year is expected...
Sri Lanka’s economic crisis poses challenges for India
Economic

Sri Lanka’s economic crisis poses challenges for India

eyeadmin
10th September 202113th September 2021
India’s ‘Neighbourhood First’ policy towards Sri Lanka had resonated with Sri Lanka’s ‘India First’ foreign and security policy in 2020. India is Sri Lanka’s third...
Financial crisis is one of the major challenges
Economic

Financial crisis is one of the major challenges

eyeadmin
7th September 202113th September 2021
The financial crisis in Sri Lanka is one of the first major challenges faced by the ruling Rajapaksa family as traders, importers and the opposition...
Is Sri Lanka’s Approach to Import Substitution Sensible?
Economic

Is Sri Lanka’s Approach to Import Substitution Sensible?

eyeadmin
4th September 20216th September 2021
In the immediate aftermath of the onset of the Covid19 pandemic and the unprecedented health and economic crises it unleashed, there was a widespread backlash...

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