Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 ... the economy started to gain momentum. In the post-conflict era (after 2009), economic growth ...

Put simply, Sri Lanka ran out of money. This is generally regarded as a Bad Thing. Its position reflected deep structural imbalances in the economy ... in 2019 and the Covid-19 pandemic, which ...

Sri Lanka’s central bank unexpectedly cut its benchmark rate for the first time in six months, renewing its monetary policy ...

After successfully riding out the first few waves of COVID-19, Sri Lanka approached 2021 with cautious optimism about the future as global economies began opening up and worldwide trade links were ...

Sri Lanka’s new left-wing government has already been tested by tariff shocks and IMF pressure. Either it can radically ...

The center of politics and the economy ... In 2023, after the end of the coronavirus pandemic, 1.49 million foreign tourists visited the country. Sri Lanka plunged into economic crisis in 2022.

In the early hours of April 2, 2025, President Donald Trump stood before a crowd of supporters and ... Among these vulnerable economies stands Sri Lanka, still recovering from a devastating economic ...

Over 17 million voters are set to elect their next president in Sri Lanka ... economic crisis due to several factors like Easter Sunday bombings of 2019 hurt the tourism sector and the Covid-19 ...

Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from hefty U.S. tariffs and ...