Sri Lanka: The Great Economic Recession

Sri Lankan protesters storm PM Ranil Wickremesinghe 's office, demanding he resign [Rafiq Maqbool/AP]

Sri Lanka is witnessing the worst economic crisis in history. Varying hypotheses exist as to what brought this calamity over Sri Lanka. Internal economic policies coupled with systemic factors pushed Sri Lanka into a debt pile it does not seem to be coming out of.

18th May 2009 – The End of the Sri Lankan Civil War

Sri Lanka witnessed a lethal civil war from 1983 to 2009. The Sri Lankan civil war was due to frictions that persisted among two ethnic groups: a majority Sinhalese and a minority Tamil population in the island nation. The war was primarily between the government of Sri Lanka and a Tamil insurgent group, Liberation Tigers […]

Sri Lankan Buddhist Monks Pay an Archeological Visit to Pakistan

On Tuesday, a group of senior Buddhist monks from Sri Lanka paid a visit to the historic Mughal structures Badshahi Mosque and Lahore Fort. Venerated Dr Walpola Piyananda, Chief Abbot and President of the Dharma Vijaya Buddhist Vihara in the United States, spoke on the occasion. Dr Piyanada stated that every religion sends out a […]

Sri Lanka to Plant Two Million Trees

On April 16, in the presence of State Minister of Rural Roads and other Infrastructure, Nimal Lanza, a programme to plant 2 million saplings with the goal of raising forest density and forest cover in Sri Lanka under the theme \”Surakumata Parisaraya\” will begin at Ragama Diyagala Boys\’ Town. The tree planting was timed to […]

Negative Economic Growth Recorded for the First Quarter of FY 2020 for Sri Lanka

Sri Lanka’s economic growth has reduced by negative 1.6 percent in the first quarter of 2020. 3.7% increase was recorded for the first quarter in 2019, reveals the official data. The department of census and statistics (CDS) revealed the data on Wednesday, over the summary GDP indicators for the first quarter. The quarter began on […]

Rajapaksa Looking to Tighten Hold on Power after Sri Lanka General Elections

Elections in Sri Lanka Sri Lankan politics is in a fractious state nowadays. President Gotabaya Rajapaksa hopes to tighten his hold on power after the elections. The elections are due to happen on Wednesday and can elevate his brother and allow the two to change the constitution if they prevail. Similarly, Rajapaksa is the man […]