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Expert briefing
Publication date: 29 February 2024
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According to the constitution, the presidential contest must take place in September-October, but parliamentary elections are not due until 2025. President Ranil Wickremesinghe…

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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: 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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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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