Sri Lanka’s Economic Crossroads: Resetting the Trajectory
After one of the deepest economic crises in its post-independence history, Sri Lanka is now entering a fragile phase of recovery. Inflation has cooled, foreign reserves have stabilised, and GDP growth has returned to positive territory. But beneath the surface, structural vulnerabilities remain. The question is no longer whether the country has survived the worst […]
Regulating Microfinance: Sri Lanka’s Next Step in Social and Economic Reform
Sri Lanka’s Cabinet has approved the publication of a Draft Microfinance and Credit Regulation Bill, a move aimed at reshaping how small loans and informal credit are offered to low-income communities. At first glance this is another financial-sector reform. In reality it touches the heart of the country’s rural economy, women’s empowerment, and poverty-reduction strategy. […]