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.
With the school year approaching and cases still rising, health officials stress that raising vaccination rates remains the most effective way to stop further spread.
With the school year approaching and cases still rising, health officials stress that raising vaccination rates remains the most effective way to stop further spread.