At the international poverty line of $3 a day, an additional 1.4 million people are estimated to have slipped into poverty between 2022 and 2025 due to stagnant labour incomes and persistent inflation that eroded the benefits of whatever growth occurred.
As global energy markets evolve and climate commitments intensify, Sri Lanka’s private sector is clear: delaying the transition carries unacceptable economic and security risks.
As global energy markets evolve and climate commitments intensify, Sri Lanka’s private sector is clear: delaying the transition carries unacceptable economic and security risks.