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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: 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: 21 April 2023
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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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Expert briefing
Publication date: 2 November 2022
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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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Expert briefing
Publication date: 14 December 2022
Expert Briefings Powered by Oxford Analytica

The government’s commitment to fiscal consolidation is aimed at pleasing the IMF, with which Sri Lanka recently reached a staff-level agreement on a four-year, USD2.9bn bailout…

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Expert briefing
Publication date: 26 April 2022
Expert Briefings Powered by Oxford Analytica

Colombo is seeking a bailout of up to USD4bn from the Fund to ease the foreign exchange (forex) crisis which prompted it to suspend external debt servicing earlier this month…

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