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Thursday, August 21, 2025
TopicSri Lanka economic crisis

Topic: Sri Lanka economic crisis

IMF allows Sri Lanka to draw $350 mn tranche from 4-yr facility after 4th review of bailout programme

Amid Sri Lanka's economic crisis, IMF in 2023 approved a nearly $3 bn facility to assist its efforts to durably restore macroeconomic stability by restoring fiscal & debt sustainability'.

India has reason to be worried about Sri Lanka’s left turn, despite Dissanayake’s assurances

Any conflict between Tamil groups and Colombo could revive pre-2009 agitation in Tamil Nadu by pro-LTTE outfits and certain DMK-AIADMK elements seeking to stay relevant.

Sri Lanka’s has its 1st Marxist president. Dissanayake rebranded JVP party, harnessed citizens’ anger

Anura Kumara Dissanayake, a member of parliament since 2000, comes from a working-class family. He was the first from his village to attend university, joining JVP in 1987 as a student.

With no Rajapaksas & a ‘surprise’ candidate, how Tamils will likely vote in Sri Lanka presidential polls

Tamils are Sri Lanka's largest minority group & usually vote as one block, but this time their vote is fractured. Plus, the 3 front-runners need significant Tamil support to reach majority.

I look after Sri Lanka’s interests, that includes ensuring no harm to India’s security—Wickremesinghe to ThePrint

Sri Lankan President Ranil Wickremesinghe, credited with fixing the nation’s economy, is up against 37 other candidates in Saturday's presidential poll.

As Sri Lanka prepares for 1st presidential polls since economic meltdown, a look at what’s at stake

The elections, with 39 candidates in fray, will be watched by India, China & West. Its location makes it key player in India’s Neighbourhood First policy & broader vision for Indian Ocean.

‘Paradise’ film looks at Sri Lanka’s economic crisis—through Indian couple’s crumbling marriage

‘I wanted to show how economic changes affect middle-class life, not just in Sri Lanka, but also in other parts of the world,’ Sri Lankan director Prasanna Vithanage told ThePrint.

Sri Lanka can’t move on from civil war history. Sinhala elite insecure about sharing power

A complete lack of trust between the Sinhala elite and Tamil minority is apparent across Sri Lanka, which seems unable to even begin laying some of its ghosts to rest.

Sri Lankan president Wickremesinghe visits India, hopes to strengthen economic ties

Infrastructure, energy, and debt restructuring are on the agenda on his first trip to India since he took over as the president a year ago.

IMF bailout only became possible due to Indian support, says Sri Lankan envoy Moragoda

In an interaction with ThePrint team, High Commissioner Milinda Moragoda discussed topics including Sri Lanka's economic crisis and the need for a 'strategic partnership' with India.

On Camera

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

First-of-its kind tri-services conference Ran Samvad to take place in Army War College next week

Billed as the military’s own version of Raisina Dialogue, the event will spotlight on tech-driven warfighting, lessons from Operation Sindoor and release of three new doctrines.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?