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Expert briefing
Publication date: 21 April 2023

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…

Expert briefing
Publication date: 31 March 2022

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…

Expert briefing
Publication date: 24 October 2018

The country is struggling with a widening current account deficit and debt problems associated with mega investment projects. The National Unity Government (NUG) signed a free…

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