Sri Lanka’s Macroeconomic Challenges: A Tale of Two Deficits

28 March 2019

A new Asian Development Bank (ADB) working paper entitled “Sri Lanka’s Macroeconomic Challenges: A Tale of Two Deficits” by IPS Executive Director, Dushni Weerakoon, with Utsav Kumar, and Roselle Dime from ADB looks at Sri Lanka’s macroeconomic performance over nearly five decades. The working paper examines the country’s history of twin fiscal and current account deficits and the policies adopted to deal with the imbalances and their macroeconomic outcomes.

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