South Asia and Beyond

IMF Agreement Tabled, Sri Lankan President Calls For Fiscal Reforms

Sri Lanka will have to implement a new fiscal framework with a number of crucial economic reforms which can ensure the long-term economic stability of the country, says President Ranil Wickremesinghe. Tabling the agreement with the International Monetary Fund (IMF) in Parliament, Wickremesinghe noted that Sri Lanka is now commencing a new journey and that […]Read More

Sri Lanka Electricity Tariff Hike A Knockout Blow For Hotels

The increase in electricity tariffs last week and its disproportionate impact on the hospitality industry is bound to push many hotels towards the brink of collapse, with hoteliers being forced to absorb the added costs as it is not feasible to increase room rates to reflect the new tariffs. According to The Hotel Association of […]Read More

‘China Not Okay With IMF’s Debt Analysis Targets For Sri Lanka’

The Chinese government is unwilling to follow the Debt Sustainability Analysis (DSA) targets set by the International Monetary Fund (IMF) for Sri Lanka, former IMF Director Dr Sharmini Coorey and Samagi Jana Balawegaya (SJB) MP and economist Dr Harsha de Silva have revealed. During a webinar conducted by Oxford Political Review, Coorey, who is a […]Read More