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The cabinet enters office just in time to host a fresh visit from the IMF, expected later this month. Despite another landslide victory in parliamentary elections on April 24…
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DOI: 10.1108/OXAN-DB212885
ISSN: 2633-304X
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Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…
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DOI: 10.1108/OXAN-DB283464
ISSN: 2633-304X
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The Election Commission of Sri Lanka (ECSL) confirmed on February 24 that the polls would not be held on March 9 as planned. A day earlier, President Ranil Wickremesinghe claimed…
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DOI: 10.1108/OXAN-DB276375
ISSN: 2633-304X
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Emerging market asset gyrations.
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DOI: 10.1108/OXAN-DB233800
ISSN: 2633-304X
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S&P is concerned that the political fallout from the failed July 15-16 military coup will make it more difficult for the country to meet its large external financing requirements…
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DOI: 10.1108/OXAN-DB212581
ISSN: 2633-304X
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Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…
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DOI: 10.1108/OXAN-DB253864
ISSN: 2633-304X
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Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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Increased uncertainty in financial markets, following the US Federal Reserve's decision in September to delay tightening monetary policy because of concerns about China's economy…
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DOI: 10.1108/OXAN-DB205682
ISSN: 2633-304X
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President Ranil Wickremesinghe, who promised to deliver the amendment, assumed office in July amid a wave of protests that forced his predecessor Gotabaya Rajapaksa to resign. As…
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DOI: 10.1108/OXAN-DB273767
ISSN: 2633-304X
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Chamisa’s call comes amid worsening political and economic crises and rising public frustration with President Emmerson Mnangagwa and the ruling ZANU-PF. Meanwhile, Mnangagwa’s…