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Expert briefing
Publication date: 28 October 2020

Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…

Expert briefing
Publication date: 12 July 2022

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…

Expert briefing
Publication date: 21 December 2021

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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