A year after angry Sri Lankans stormed the president’s residence and forced his ouster during a meltdown of the economy, the island’s streets are calm, there are no serpentine queues…
Pakistan’s economy is hanging by a thread; fragile and vulnerable at a risk of breaking down. In 2021, the Sri Lankan economy faced a significant setback as the value of…
Pakistan and Sri Lanka are considered friendly countries on the diplomatic front. The two countries located in South Asia are very similar to each other in several respects and both…
This week saw the most serious unrest in Sri Lanka since the aftermath of the Easter Bombing in 2019. A month-long protest in Colombo, calling on President Gotabaya Rajapaksa to…
Beyond the turbulence that is raging in the political arena, it is the economic meltdown that tugs at our heartstrings. Constantly, fears are being expressed that we could be another…
Sri Lanka recorded a rapid increase in public debt-to-GDP ratio to 119 per cent from 42 per cent over a few years. Access to the international capital market was lost,…
Sri Lanka’s International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but far-from-stable politics and a need to get debt relief from competing powers…
Pakistan continues to burn its foreign exchange at an alarming rate and is exhausting all of its hopes to turn itself around. Heavy handed demands by the IMF to release…
Generations of Sri Lankan leaders have sought guidance from seers and astrologers, and now one has dared tell the ruling Rajapaksa family that their time in office is up. As…
Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of…
