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Expert briefing
Publication date: 16 May 2022
Expert Briefings Powered by Oxford Analytica

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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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: 4 June 2021
Expert Briefings Powered by Oxford Analytica

Parliament passed a bill earlier in May authorising the president to form the commission after key amendments recommended by the Supreme Court were incorporated into the…

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Expert briefing
Publication date: 14 July 2021
Expert Briefings Powered by Oxford Analytica

In late May, it approved a three-month, USD200mn currency swap with Sri Lanka to help ease Colombo’s foreign exchange woes. The move underscores its growing economic strength…

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