The World Bank’s latest report on Sri Lanka’s economic outlook delivers a mixed message — acknowledging progress while warning that the recovery remains incomplete without deep structural reforms. Progress Since the Crisis Sri Lanka’s economy collapsed in 2022 due to severe foreign exchange shortages, spiraling inflation, and political unrest. Since then, the country has made […]
Sri Lanka and India have entered a crucial phase in discussions to connect their national electricity grids — a move that could redefine the future of energy security and regional cooperation in South Asia. Background The two nations are in advanced talks over a High-Voltage Direct Current (HVDC) transmission line connecting Madurai in southern India […]
Sri Lanka’s Road to StabilizationFollowing the 2022 economic crisis, Sri Lanka’s GDP grew 5% in 2024 and is projected to reach 3.5–4% in 2025. Support from IMF programs, debt restructuring, and fiscal reforms has laid the foundation for a gradual recovery. Business Trends Shaping Recovery Implications for Companies and InvestorsBusinesses can leverage growth in insurance, […]
