Sri Lanka has seen this pattern before, booms driven by construction, rising debt, and households left behind. When there is no upliftment to their daily lives, they naturally look for alternative political narratives. This explainer reflects on past cycles and why policymakers must ask whether today’s growth is broad-based, sustainable, and truly improving people’s wellbeing. Click the link in the commnts for the full video. #srilanka #economy #growth #debt | Advocata Institute
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Sri Lanka may have exited the worst phase of the crisis, but we’re far from safe. Public debt still accounts for over 105% of GDP, leaving almost no room for the government or Central Bank to cushion the country from shocks, whether natural disasters, global turbulence, or domestic disruptions. Decades-old structural problems remain unresolved, meaning that any shock today can hit harder than ever before. Until debt is brought to a sustainable level and long delayed reforms take place, economic
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Sri Lanka Economic Summit 2025: PM Outlines Recovery Vision #newsfirst #naturaldisaster #srilanka #lanka #NewsFirst #News1st #NewsFirstEnglish #LKA #SriLanka #LatestNews #economy #recovery | Newsfirst.lk English
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Sri Lanka’s biggest growth challenge is total factor productivity (TFP), the ability to get more output from the same labour and capital. But according to the Asian Productivity Organization, our TFP is negative. We’re getting less out than what we put in. The fastest way to fix this is competition. And the most effective channel for competition is trade. Yet Sri Lanka’s trade agenda has been crippled for over a decade by nationalism, protectionism, and politically connected businessmen who lobb
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