Many factors contributed to Sri Lanka’s economic collapse in 2022. In 2016–2017, a drought ruined crops and weakened the farming industry. Politics also were a factor, with a sudden ...
Having saddled the nation with a disastrous International Sovereign Bond (ISB) restructuring that ballooned debt repayments ...
Sri Lanka went to polls in a stabilization crisis coming after the worst currency collapse in the history of the island ...
led to Sri Lanka’s economic collapse. Eventually, the country’s government resorted to asking for emergency aid from the International Monetary Fund in September 2022. Many factors ...
"I will now deliver Sri Lanka a developed economy, developed social system and developed political system." But Wickremesinghe's tax hikes and other measures, imposed per the terms of a $2.9 ...
"I will now deliver Sri Lanka a developed economy, developed social system and developed political system." But Wickremesinghe's tax hikes and other measures, imposed under the terms of a $2.9 ...
COLOMBO: Sri Lanka’s leftist President-elect on Sept ... Wickremesinghe – who took office at the peak of the 2022 economic collapse and imposed tough austerity policies per the terms of ...
Sri Lanka's new leftist leader, Anura Kumara Dissanayake, seeks to expand his parliamentary seats with backing from ...