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29/09/2023
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Tag: Sri Lanka

The key points of Sri Lanka’s plan to restructure domestic debt

30/06/2023 - Leave a Comment

The Central Bank of Sri Lanka (CBSL) has unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability in the crisis-hit country. The move on Thursday comes as the …

The key points of Sri Lanka’s plan to restructure domestic debt Read More

Sri Lanka workers defy strike ban to protest IMF bailout plan

03/03/2023 - Leave a Comment

Sri Lankan workers have gone on strike in defiance of a government ban to protest against a rescue plan for the bankrupt island nation, forcing the closure of some hospitals, …

Sri Lanka workers defy strike ban to protest IMF bailout plan Read More

Home grown is better for you

24/09/202226/09/2022 - Leave a Comment

Harshita Bhasin and Anirban Dasgupta warn of the perils of living on imported food. The food crisis fueling an ongoing rush of inflation globally was already brewing due to the …

Home grown is better for you Read More

Sri Lanka’s crisis is not just about the economy, but a long history of discrimination against minority groups

15/07/2022 - Leave a Comment

Sri Lanka is in the grip of an economic, political and humanitarian crisis. In a remarkable display of anger on Saturday, thousands of protesters disregarded government curfews, rampant military and …

Sri Lanka’s crisis is not just about the economy, but a long history of discrimination against minority groups Read More

Beyond Sri Lanka, economic cyclone bears down on South Asia

10/06/2022 - Leave a Comment

MUMBAI — For over a decade, Mattias Martinsson has been investing in frontier economies, including Pakistan, Bangladesh and Sri Lanka. Now, he says, South Asia is “in the eye of …

Beyond Sri Lanka, economic cyclone bears down on South Asia Read More

Sri Lanka’s economic crisis exposes gaps in renewable energy push

22/04/2022 - Leave a Comment

 It is hard to know how much Sri Lankan forest has been cut down as fuel shortages force people to use firewood to cook: inspectors have halted deforestation patrols because …

Sri Lanka’s economic crisis exposes gaps in renewable energy push Read More

China’s all-weather friends in deep economic crisis

08/04/2022 - Leave a Comment

The two countries are caught in the Chinese debt trap with Beijing demanding further concessions for rescheduling the debt like demanding that Colombo give permission for Oceanography in South Sri …

China’s all-weather friends in deep economic crisis Read More

Sri Lankan protesters demand president quit over economic crisis

18/03/2022 - Leave a Comment

Anti-government protests have roiled Sri Lanka’s capital amid demands that President Gotabaya Rajapaksa resign, as the country suffers its worst economic crisis in decades. Tens of thousands of people gathered outside the …

Sri Lankan protesters demand president quit over economic crisis Read More

Friday 29th – this week’s top economic news

28/10/2021 - Leave a Comment

Wage squeeze will leave average worker almost £13,000 worse off, Sunak warned from The Guardian: The biggest wage squeeze in British economic history will leave the average worker almost £13,000 …

Friday 29th – this week’s top economic news Read More

Why Sri Lanka’s economy is in crisis

04/08/202104/08/2021 - Leave a Comment

Colombo avoids a debt default, but it’s fast running out of money to pay for imports. Will the IMF provide a bailout? Sri Lanka’s finances are in a precarious state, …

Why Sri Lanka’s economy is in crisis Read More

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