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Ranil Wickremesinghe in New Delhi: What are the challenges Sri Lankan president faces?
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Analysis: A Year Later, Sri Lanka s Tentative Economic Recovery Eludes The Poor
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A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended. The central bank expects the economy to resume growth this quarter after six quarters of contraction - faster than expected by many economists - while overseas remittances are surging and tourist numbers are rising. "Stability is somewhat there but what it means is no extreme shortages, no fuel queues, and no 13-hour power cuts," said Rehana Thowfeek, an economist at the Colombo-based Advocata Institute think tank.
Analysis-A Year Later, Sri Lanka s Tentative Economic Recovery Eludes the Poor
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