Economic Analysis

Economic Analysis 3 min read

Cyclone Ditwah's $2B Damage to Sri Lanka: Economic Toll and Recovery Path

Cyclone Ditwah struck in early December 2025 with devastating force, inflicting an estimated $2 billion in damages across Sri Lanka's Eastern and Northern Provinces, contracting GDP growth by 0.5-0.7% and displacing over 500,000 people from their homes. The storm's torrential rains flooded 150,000...

Dec 24, 2025

Economic Analysis 3 min read

Sri Lanka Budget 2026: 16% Revenue Target to Slash Debt – Family Impacts

President Anura Kumara Dissanayake unveiled Budget 2026 with an ambitious projection of government revenue reaching 16% of GDP, equivalent to Rs3.2 trillion, a significant leap from 14.5% in 2024 and a cornerstone for reducing public debt below 97% of GDP. This fiscal roadmap, presented amid 5.4% q...

Dec 24, 2025

Economic Analysis 4 min read

Sri Lanka's 5.4% Growth: Recovery or Mirage?

Sri Lanka's economy surged 5.4% year-on-year in the third quarter of 2025, delivering its most vigorous expansion since the devastating 2022 financial crisis that triggered sovereign default and widespread hardship. According to the Department of Census and Statistics, this impressive growth was pr...

Dec 24, 2025