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Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
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DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
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Europe's decisive move away from Russian pipeline gas since February 2022 has changed hugely the global LNG trade. Between 2019 and 2022, the global LNG market grew by 12%, with…
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DOI: 10.1108/OXAN-DB282041
ISSN: 2633-304X
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India and Sri Lanka have had several high-level engagements in recent months. However, contention over the ECT deal risks setting back bilateral relations.
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DOI: 10.1108/OXAN-DB259839
ISSN: 2633-304X
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Parliament passed a bill earlier in May authorising the president to form the commission after key amendments recommended by the Supreme Court were incorporated into the…
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DOI: 10.1108/OXAN-DB261892
ISSN: 2633-304X
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India-China relations.
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DOI: 10.1108/OXAN-DB198700
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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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…