Tag:Sri Lanka economic crisis

While international charitable organizations and foreign aid have provided some temporary relief through donations of medicine and supplies, experts agree that short-term charity cannot replace a functioning national pharmaceutical supply chain.

Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.

President Dissanayake’s first official foreign trip since taking office in September 2024, underscored his commitment to deepening ties with India, especially as Sri Lanka seeks to rebuild after its economic crisis in 2022.

“We are on a pathway to recovery from the chaos of 2022, only I have a plan for the next five years of our journey,” Wickremesinghe said

The IMF’s Governance Diagnostic Assessment identifies state-owned enterprises as high-risk for corruption, with weak management, inadequate oversight, manipulated procurement processes, political interference, and a...

Recent diplomatic discussions between the two countries saw a temporary halt in Chinese research vessels visiting Sri Lanka for research purposes, following objections from...