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    Tag:Sri Lanka economic crisis

    Finance and Economy

    Sri Lanka Faces Looming Medical Crisis Amid Rupee Fall, Price Controls, and Forex Crunch

    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.
    OWSA Contributor -
    Finance and Economy

    Sri Lanka: President Dissanayake Seeks World Bank Help

    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.
    OWSA Contributor -
    Agri-technology

    Strengthening Bonds: India and Sri Lanka Chart a New Path for Partnership

    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.
    OWSA Staff -
    Democracy

    Sri Lanka President Unveils Economic Development Manifesto

    “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
    OWSA Contributor -
    Corruption

    Sri Lanka’s State-Owned Enterprises a Drain on Economy: Think Tank

    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...
    OWSA Contributor -
    Global Governance

    Sri Lanka: Parliament Speaker Visits China: Discusses Deepening Sri Lanka-China Cooperation

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

    Sri Lanka’s Economy Shows Signs of Stabilization; but Poverty to Remain Elevated: World Bank

    Poverty rates continued to rise for the fourth year in a row, with an estimated 25.9 per cent of Sri Lankans living below the...
    OWSA Contributor -
    Democracy

    Sri Lanka: Economic Reform Act on the Anvil

    “There’s a commonly held belief that taxes should be collected from the people gently, akin to plucking flowers without crushing them. However, criticism is...
    OWSA Contributor -
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    Civil society

    Video Competition for Youth to Celebrate Shared Heritage Through Digital Creativity

    As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
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    Accountability

    RTI Act at 22: Applications Rise but Rejections, Backlogs and ECI Denials Raise Questions on Implementation

    As the Act enters its third decade, bridging the gap between statistics and real transparency remains the central challenge.
    Early childhood development

    Measles Resurgence in Maldives: From Eradication Triumph to Public Health Alert

    After years of eradication, measles has returned to the Maldives with 11 confirmed cases in 2026, sparking urgent vaccination...

    Must read

    Civil society

    Video Competition for Youth to Celebrate Shared Heritage Through Digital Creativity

    As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
    Accountability

    RTI Act at 22: Applications Rise but Rejections, Backlogs and ECI Denials Raise Questions on Implementation

    As the Act enters its third decade, bridging the gap between statistics and real transparency remains the central challenge.
    Agriculture

    Heatwave-Driven Power Surge Tests India’s Energy Resilience as El Niño Looms for FY27

    India’s electricity sector has witnessed an unprecedented spike in consumption, driven by an intense and prolonged heatwave that gripped much of the country in May 2026.
    Bangladesh

    Bangladesh Launches IMF Negotiations for $4 Billion Fresh Loan Amid Economic Reset

    As the delegation arrives in Dhaka, all eyes will be on the specifics of the reform agenda and financing assurances.
    Accountability

    UN Warns of Mounting Crises in Afghanistan as Security Incidents Surge 57% Under Taliban Control

    In a sobering assessment released this week, the United Nations has painted a complex portrait of Afghanistan under Taliban governance, where a dramatic increase in security incidents coincides with fragile stability, devastating cross-border violence with Pakistan, and a deepening humanitarian and human rights crisis.

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