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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: 12 July 2023
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

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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
Expert Briefings Powered by Oxford Analytica

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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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: 12 July 2022
Expert Briefings Powered by Oxford Analytica

Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…

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