If Sri Lanka is to prevent a permanent underclass from forming in the wake of the 2022 crisis, economists argue that the focus must shift aggressively from mere stabilization to equitable growth.
Sri Lanka’s central bank embraced deflationary measures that allowed currency appreciation and restored external stability. Critics argue, however, that these gains may be short-lived without structural reforms and tighter inflation targets.
Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.
This 2026 event arrives after earlier haor region floods earlier in the year, underscoring recurring pressures. Migration to urban centres and climate adaptation efforts remain critical long-term challenges.
Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.