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The Business Standard

Wednesday
August 13, 2025

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WEDNESDAY, AUGUST 13, 2025

Sri Lanka economic crisis

A man stands in the swimming pool after demonstrators entered the building of the President's residence amid the country's economic crisis. Photo: Reuters
Panorama

Sri Lanka’s road to ruin was political, not economic

The proximate cause for the protests is inflation, but the roots are in Sinhalese Buddhist nationalism

U.S. Treasury Secretary Janet Yellen testifies before a House Ways and Means Committee hearing on President Biden's proposed 2023 U.S. budget, on Capitol Hill in Washington, U.S., June 8, 2022. REUTERS/Jonathan Ernst
Sri Lanka Crisis

Yellen says it's in China's interest to restructure Sri Lanka's debt

People stand next to the private residence of Prime Minister Ranil Wickremesinghe, after demonstrators burnt it during a protest against him, amid the country's economic crisis, in Colombo, Sri Lanka on 10 July, 2022. Reuters/Dinuka Liyanawatte
Sri Lanka Crisis

Sri Lanka imposes curfew in Colombo

Unrest in Sri Lanka, what next?
Videos

Unrest in Sri Lanka, what next?

Sri Lanka cabinet to make way for unity govt amid political and economic meltdown
Sri Lanka Crisis

Sri Lanka cabinet to make way for unity govt amid political and economic meltdown

Demonstrators protest inside the Presidential secretariat premises after President Gotabaya Rajapaksa fled amid the country's economic crisis in Colombo.(REUTERS)
Sri Lanka Crisis

Speaker Mahinda Abeywardana may be Acting President of Sri Lanka

FILE PHOTO: People walk past the main entrance of the Sri Lanka's Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte
Global Economy

Sri Lanka central bank governor warns political instability may hurt IMF negotiations

Sri Lankan President confirms resignation to PM
Sri Lanka Crisis

Sri Lankan President confirms resignation to PM

As stir reaches his office, 'missing' Lankan President Rajapaksa orders gas distribution
Sri Lanka Crisis

As stir reaches his office, 'missing' Lankan President Rajapaksa orders gas distribution

Sri Lanka protesters plan to occupy president and PM's residences until they quit
Sri Lanka Crisis

Sri Lanka protesters plan to occupy president and PM's residences until they quit

Demonstrators protest inside the Presidential secretariat premises after President Gotabaya Rajapaksa fled amid the country's economic crisis in Colombo.(REUTERS)
Sri Lanka Crisis

How Sri Lanka spiralled into crisis

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks
Sri Lanka Crisis

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks

Awe and anger in Sri Lanka's ransacked presidential palace
Sri Lanka Crisis

Awe and anger in Sri Lanka's ransacked presidential palace

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