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Sri Lanka Financial Outlook Indicators
Comparison of current reserves and upcoming debt obligations.
Primary Sources
Sri Lanka and Australia partner FAO on AUD 2mn to restore vegetable ...
This 12-month initiative aims to restore and strengthen climate-resilient vegetable production systems, with a strong focus on empowering women farmers and supporting persons with disabilities.
Australia funds project to restore climate-resilient vegetable ...
Maldives President Dr. Mohamed Muizzu was in Sri Lanka recently on what was apparently a goodwill visit and this event, no doubt, bodes very well for Maldives-Sri Lanka relations. Besides, the visit would go some distance in strengthening Sri Lanka’s claims to Non-Alignment. However, the commentator on regional politics could be accused of simplistic thinking if he/she glosses over or ignores the regional politics nuances or undertones of the Maldivian President’s visit. In Sri Lanka we currently have a government which is eager to solidify its bridges, so to speak, with China and which, given the chance, would be courting increasingly close relations with Russia. In other words, the NPP government is likely to see itself as a ‘natural ally’ of the East and would prefer to distance itself to the extent possible from the West, if that is a realistic proposition. Given the foregoing backdrop, it would be in some of the NPP regime’s best interests to be on cordial terms with the Maldives which is a close ally of China in the South Asian region. However, the NPP government, given the utter financial helplessness of Sri Lanka, cannot afford to distance itself politically and diplomatically from India and the West. Sheer economic necessity compels Sri Lanka to adopt this foreign policy stance. In other words, the latter has no choice but to be ‘Non-Aligned.’ This columnist was led to the above observations on listening to a lucid and comprehensive presentation titled, ‘A Global Economy in the Shadow of the Iran War and implications for Sri Lanka’s debt recovery’, by Dr. Ganeshan Wignaraja, Visiting Senior Fellow, ODI Global London, at the Regional Centre for Strategic Studies (RCSS), Colombo on May 4th. The forum, RCSS Strategic Dialogue – 4, was moderated and presided over by RCSS Executive Director Ambassador (retd) Ravinatha Aryasinha. The forum brought together a wide cross section of society, including diplomatic personnel, academicians, public and private sector personalities and the media. After the presentation a very lively and informative Q&A followed. Ambassador Aryasinha at the outset set an appropriate backdrop to the presentation and discussion by stressing ‘the increasing interconnectedness of geopolitical and economic developments, noting how disruptions in the Middle East could have significant ramifications for global markets, trade flows, energy prices and broader economic stability, including Sri Lanka.’ Indeed, there are occurring currently ...
Sri Lanka and Australia Collaborate with FAO on AUD 2 Million Project ...
The Ministry of Agriculture, Livestock, Lands and Irrigation of Sri Lanka, in collaboration with the Government of Australia and the Food and Agriculture Organization (FAO) of the United Nations, has officially launched a recovery project valued at AUD 2 million (approximately USD 1.4 million). This initiative aims to rehabilitate and enhance vegetable farming systems in […]
Sri Lanka and Australia Collaborate with FAO on AUD 2 Million Project ...
The Ministry of Agriculture, Livestock, Lands and Irrigation of Sri Lanka, in collaboration with the Government of Australia and the Food and Agriculture Organization (FAO) of the United Nations, has officially launched a recovery project valued at AUD 2 million (approximately USD 1.4 million). This initiative aims to rehabilitate and enhance vegetable farming systems in the districts of ...
