{"id":180731,"date":"2022-04-22T20:13:05","date_gmt":"2022-04-22T14:43:05","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=180731"},"modified":"2022-04-22T20:13:05","modified_gmt":"2022-04-22T14:43:05","slug":"not-just-dollars-sri-lanka-needs-deep-economic-reforms-to-dig-its-way-out-of-the-crisis","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/not-just-dollars-sri-lanka-needs-deep-economic-reforms-to-dig-its-way-out-of-the-crisis\/","title":{"rendered":"Not just dollars: Sri Lanka needs deep economic reforms to dig its way out of the crisis"},"content":{"rendered":"\n<p><strong>Context<\/strong>: A series of positive developments in Sri Lanka have triggered hopes that it&#8217;ll eventually see through one of the worst economic crisis that it&#8217;s going through right now.<\/p>\n<h5>What are the positive developments?<\/h5>\n<p>On the political front, 17 new ministerial appointments were initiated by President Gotabaya Rajapaksa, <strong>suggesting an end to the political logjam.<\/strong><\/p>\n<p>Separately, Sri Lanka began bailout <strong>talks with IMF<\/strong>. These talks were backed by India, and the first step is a<strong> Rapid Financing Instrument,<\/strong> which provides help before a restructuring plan is finalised.<\/p>\n<p>There\u2019s a long way to go to attain normalcy but a start has been made.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\">To know about the causes of Sri Lanka&#8217;s economic crisis, please visit this <strong><a href=\"https:\/\/forumias.com\/blog\/economic-crisis-in-sri-lanka\/\"><span style=\"color: #0000ff;\">link<\/span><span style=\"text-decoration: underline;\">.<\/span><\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Source<\/strong>: This post is based on the article \u201c<strong>Not just dollars: Sri Lanka needs deep economic reforms to dig its way out of the crisis<\/strong>\u201d published in <strong>The Times of India<\/strong> on <strong>21st Apr 22<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context: A series of positive developments in Sri Lanka have triggered hopes that it&#8217;ll eventually see through one of the worst economic crisis that it&#8217;s going through right now. What are the positive developments? On the political front, 17 new ministerial appointments were initiated by President Gotabaya Rajapaksa, suggesting an end to the political logjam.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/not-just-dollars-sri-lanka-needs-deep-economic-reforms-to-dig-its-way-out-of-the-crisis\/\">Continue reading <span class=\"screen-reader-text\">Not just dollars: Sri Lanka needs deep economic reforms to dig its way out of the crisis<\/span><\/a><\/p>\n","protected":false},"author":10328,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10496],"class_list":["post-180731","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704723018},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/180731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10328"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=180731"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/180731\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=180731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=180731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=180731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}