Ultimately, Sri Lanka’s economic situation will not improve any time soon. Even if the new government is able to conclude negotiations with the IMF, it will take time for the money to be dispersed.

As the pain of an economic crisis deepens, a nation’s anger and desperation are visible. Protesters encountered water cannons and tear gas on Thursday in Colombo, the capital of Sri Lanka.Credit ...

Sri Lanka, the small teardrop-shaped island where my parents are from, is facing an unprecedented economic crisis. Niranda Perera, a 32-year-old Indiana University Ph.D. student from Nugegoda, a ...

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Sri Lanka's once strong economy is now dismal in every way—food prices are up, the currency has collapsed and the country can't afford to pay its debts. Citizens say corrupt political leaders ...

[1/7] People spend the night outside the Sri Lanka's Immigration and Emigration Department amid the country's economic crisis, in Colombo, Sri Lanka, June 8, 2022. Picture taken June 8,2022.

Sri Lanka's crisis is no mere financial downturn, like Americans are experiencing now. Our economic system is literally collapsing, with millions of people in desperate need of humanitarian aid.

Sri Lanka's president and prime minister resign amid an economic crisis NPR speaks with Ahilan Kadirgamar, a political economist at the University of Jaffna, about political turmoil in Sri Lanka.

Just like any other crisis, the one in Sri Lanka didn’t happen overnight; there were signs all along. In September 2021, there was news that revenue from the Sri Lankan tourism sector, which ...

Indeewara reported that book sales in Sri Lanka had dropped in recent years because of the economic crisis. SLBPA former President Vijitha Yapa said that when Ranil Wickremesinghe was Prime ...

Sri Lanka’s escalating political and economic crises came to a head this week when President Gotabaya Rajapaksa fled the country and submitted his resignation. WSJ’s Philip Wen describes the ...

Tourism earned Sri Lanka $4.4 billion and contributed 5.6% to GDP in 2018, but this dropped to just 0.8% in 2020. However, arrivals topped 100,000 in March for the first time in two years, Sri ...