Sri Lanka may need more IMF help as blasts threaten tourism
Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island's economy and financial markets,…
HEC announces Pak-Sri Lanka university faculty exchange programme
The Higher Education Commission (HEC) has announced Pak-Sri Lanka University Faculty Exchange Programme under Pak-Sri Lanka Higher Education Cooperation Programme. According to the official sources, HEC, in that regard, has…
A year later, Sri Lanka’s tentative economic recovery eludes the poor
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…
Sri Lanka or Bangladesh?
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…
Sri Lanka in crisis
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…
Crisis in Sri Lanka
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…
No, not like Sri Lanka
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…
The Sri Lanka paradox [Part – II]
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 has an IMF deal, now it courts China and India
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…
How can Pakistan avoid Sri Lanka’s path?
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…
