Sri Lankan economy is heading for a phase of slower growth due to neoliberal policy framework. Policy planners must rethink the suitability of neoliberal policies for a small developing country like Sri Lanka. 

Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic 

As Sri Lanka relies heavily on indirect taxes, even government (short term) efforts to stimulate economic activities will automatically reduce the living standards of low and middle income households. This is because any increase in economic activity results in a disproportionate increase in taxes. 

Sri Lanka has a wide range of monetizable opportunities based on its strategic location and also existing domestic business landscape.  The ongoing T20 Cricket World Cup is one example. No other country in South Asia, other than Sri Lanka, will find it possible to host a match between India and Pakistan.   It is time Sri Lanka works towards…

Public opposition towards the reforms escalated after a web link to a gay dating site was found in one of the lessons in the grade six English language module.  This website was subsequently blocked by the regulator for internet users in Sri Lanka.  The lesson was intended to teach ten-year-old kids how to make online friends.

Sri Lanka’s current HDI score stands at 0.78 and is the highest in South Asia.

From Sri Lanka’s example of periodically falling into a BOP crisis, one might wonder if IMF-prescribed solutions (or terms and conditions attached to IMF funding) ever help small nations like Sri Lanka to achieve long-term BOP stability. 

As Sri Lanka descends deeper into economic chaos, the popularity of the President and his government have declined to levels never seen before for any political regime reaching midterm, writes Indika Hettiarachchi for South Asia Monitor

Neither SLPP nor SJB has a major reform agenda to breakout from Sri Lanka’s endemic economic problems, which are deeply rooted in the country’s inability to earn enough foreign inflow to sustain itself and to bring in sound fiscal policies, writes Indika Hettiarachchi for South Asia Monitor