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.
As Sri Lanka’s economy stabilises under the new government, a looming El Niño threatens to reignite food inflation and test hard-won gains.
Sri Lanka, still...
As the World Bank has highlighted, maintaining upper-middle status requires not just recovery momentum but deep structural reforms to drive sustainable, inclusive growth.
The government has projected growth of around 4 per cent for the next fiscal year, while aiming to keep inflation under control and continue fiscal consolidation.
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 has successfully navigated its way out of the darkest days of sovereign default, rebuilding a foundation of stability. However, as the World Bank’s latest assessment makes clear, this recovery remains deeply uneven.
Timely community action and strengthened health services will determine how many more young lives are placed at risk before cooler weather arrives, health workers say.