Sri Lanka

The Sri Lankan government is in danger of squandering economic opportunity.

Eighteen months ago, a new president and government came to power in Sri Lanka. Sri Lanka has had a national-unity government since August 2015. So what has changed?

The political atmosphere is freer, ethnic tensions are much lower, and foreign policy has been rebalanced, with much better relations with India and the West. However, the government’s Achilles heel is the economy. Here expectations have been dashed. What has gone wrong?