China-backed Asian Infrastructure Investment Bank has emerged the third largest multilateral lender to commit loans to Sri Lanka in 2019 with 280 million US dollars, though China itself committed another billion US dollars, official data show
Sri Lanka needs well-designed political and economic policy changes for long-term recovery
The government has taken steps to address shortages of fuel and gas to some extent when compared to the earlier situation which had long queues that stretched for kilometres outside fuel and gas stations. But a well-planned recovery plan still cannot be seen that can address the long-term food security issues.
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