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Expert briefing
Publication date: 4 October 2023
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The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…

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Expert briefing
Publication date: 22 December 2023
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According to the constitution, the next presidential election must take place in September-October 2024, but parliamentary polls are not due until 2025. Wickremesinghe is heavily…

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Expert briefing
Publication date: 16 May 2022
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Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

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Expert briefing
Publication date: 21 December 2021
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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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Expert briefing
Publication date: 4 August 2021
Expert Briefings Powered by Oxford Analytica

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…

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Executive summary
Publication date: 31 March 2022
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SRI LANKA: Risks to banks will increase
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Expert briefing
Publication date: 31 March 2022
Expert Briefings Powered by Oxford Analytica

Some observers have raised doubts about the solvency of Sri Lanka's banks amid the country's deepening foreign exchange (forex) crisis. Forex reserves stood at USD2.3bn at…

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Expert briefing
Publication date: 28 October 2020
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Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…

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Expert briefing
Publication date: 25 June 2020
Expert Briefings Powered by Oxford Analytica

Mahinda Rajapaksa, a former president and leader of the Sri Lanka Podujana Peramuna (SLPP), is seeking a mandate for a full term as prime minister; he was appointed premier last…

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