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Expert briefing
Publication date: 23 May 2024
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A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…

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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: 21 April 2023
Expert Briefings Powered by Oxford Analytica

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
Expert Briefings Powered by Oxford Analytica

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: 26 April 2022
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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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Expert briefing
Publication date: 8 August 2022
Expert Briefings Powered by Oxford Analytica

The address laid out the new administration’s policy objectives for the coming year and Marcos’s broad goals for his six-year term. It gave little indication of the president’s…

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Expert briefing
Publication date: 13 July 2020
Expert Briefings Powered by Oxford Analytica

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…

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