GoSL has reached an 'agreement in principle' with creditors to restructure a USD 175 million bond issued by Sri Lankan Airlines (SLA).

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China remains one of Sri Lanka’s largest economic partners, with growing trade relationships, tempered by project delays and IMF-driven investment reforms. What lies ahead for Sri Lanka–China relations in this evolving economic and geopolitical landscape? Explore the latest insights in the sixth edition of the Sri Lanka–China Economic Brief!

This is the first instalment in a series of publications that take a deep dive into the relationship between the Sri Lanka and China in the backdrop of the debt restructuring negotiations following Sri Lanka’s first ever sovereign default. This issue of the Sri Lanka-China Economic Brief takes a look at several key areas including the intricacies of debt negotiations, developments in trade and investments as well as diplomatic ties in the face of tensions in the Indian Ocean

With US-China tensions on the rise, Sri Lanka navigates its relationships with the global powerhouses. What does the future hold for Sri Lanka–China ties amid these shifting geopolitical dynamics? Explore the latest insights in the fifth edition of the Sri Lanka–China Economic Brief.

Sri Lanka’s debt negotiations conclude as a new government under the leadership of President Anura Kumara Dissanayake takes office. His early months have seen several state visits, including to China. What lies ahead for Colombo-Beijing relations?

China Export-Import Bank has become the first of Sri Lanka’s bilateral lenders to finalise foreign debt negotiations. Meanwhile diplomatic relations continue to evolve with the election of Sri Lanka’s new government. Find out more on these latest developments in the third issue of the Sri Lanka – China Economic Brief.

Yolani Fernando and Umesh Moramudali from Arutha recently contributed to the report, The Political Economy of Debt, funded by The Asia Foundation. This publication focuses on the political economy of South Asian nations and its effects on public debt dynamics. The chapter on Sri Lanka delves into the structural issues that led to the country’s first ever sovereign default in 2022.

Debt negotiations are nearing their end and elections are fast approaching. How have China-Sri Lanka relations evolved amid shifting political and economic landscapes? This is the second instalment of a series where we delve into the relationship between the Sri Lanka and China in the backdrop of the debt restructuring negotiations following Sri Lanka’s first ever sovereign default.

It’s been two years since Sri Lanka’s first sovereign debt default. Let’s take a look back at the series of key policy decisions that led to Sri Lanka’s economic crisis in 2022.

How has Sri Lanka fared 2 years since the worst economic crisis in its recent history? We compiled a list of the major policy developments in the country so far to see what has been achieved and where Sri Lanka maybe heading next.