Sri Lankan Finance Minister Ali Sabry resigned on Tuesday, less than 24 hours after his appointment on Monday. Dr. Srimal Fernando, an academic specialist in international relations and an adviser on new regional diplomacy, says the economic crisis in the country is a big concern....
The ongoing problems in Sri Lanka have bubbled up after years of economic mismanagement. Here’s a brief timeline looking at just some of the recent factors. 2009 In 2009, a decades-long civil war in the country ended and the government’s focus turned inward towards domestic production. How...
In Sri Lanka, 21 new state ministers took oaths before President Gotabaya Rajapaksa on Monday, hours after 17 new cabinet ministers were sworn in. The country has witnessed public protests for weeks amid shortages of food, fuel and medicine....
Economic Policy in Sri LankaThe essays in this volume, written by well-known economists and social scientists, shed light on the intense national debates that accompanied the making of policy decisions in Sri Lanka.Saman Kelegama
Sri Lanka Crisis: Central Bank Lays Out Extent Of Economic Problems EPA | People wait to buy kerosene in Colombo during last year's fuel shortage April 28th, 2023 | 15:14 PM | 381 views SRI LANKA Sri Lanka's central bank has laid out the extent of the country's worst economic crisis...
The Lanka Premier League 2022 was on Sunday postponed indefinitely owing to the ongoing economic crisis in Sri Lanka. Initially, the third edition of the LPL was scheduled to begin on August 1 and conclude by August 21.
“A majority of Sri Lankan’s drink tap water. If the Chromium content in water increases, it can cause cancer, kidney and liver problems, intestinal problems. If pregnant mother drinks it, they can give birth to babies with low birth weight or deformities.” ...
Sri Lanka is in one of its worst economic crises due to a foreign exchange shortage, which has led to lack of essentials such as medicines, fuel and food.■ A hippo is seen at Dehiwala Zoological Garden in Colombo, Sri Lanka, June 5, 2022. Sri Lanka's Department of Zoology has informe...
The study finds that there is a nonlinear relationship between the public debt and GDP per capita growth in Sri Lanka. The threshold level for public debt is 59.42 per cent of GDP. Above this level, public debt makes a negative impact on GDP per capita growth. Our finding of a threshold...