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IPS report outlines reforms for durable growth

Sustaining Sri Lanka’s hard-won macroeconomic stability in the wake of its worst financial crisis requires an immediate transition from emergency recovery measures to structural…

  • Sri Lanka State of the Economy 2026 report outlines reforms
  • 8.3% annual growth needed to return to pre-crisis levels
  • Shift fiscal policy from spending cuts to capital investment

Sobering reality mellowing hard-line ideology

Saturday 24th October, 2026 President Anura Kumara Dissanayake has disclosed a government plan to close down as many as 34 state institutions as part of a strategy to curtail public expenditure and…

  • President Anura Kumara Dissanayake plans to close 34 state institutions.
  • JVP-led NPP government sees shift as response to economic realities.
  • Party's vote share surged from 3% to over 61% during power ascent.

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