Two years after a seismic political and economic crisis rocked Sri Lanka and brought citizens to the streets in mass protests movements that ousted President Gotabaya Rajapaksa, Sri Lanka’s citizens went to the polls to cast their votes for a new president. On September 21, Sri Lankans elected the left-leaning Anura Kumara Dissanayake over established politicians including incumbent President Ranil Wickremesinghe and opposition leader Sajith Premadasa. Dissanayake’s election represents a clear break from Sri Lanka’s old guard political parties, but he will face similar challenges of navigating economic strain and a shifting geopolitical environment while working to deliver on election promises.

Type: Question and Answer

Democracy & Governance;  Economics

The International Monetary Fund (IMF) has approved a $7 billion loan for Pakistan aimed at helping the South Asian nation stabilize its economy. After assuming power earlier this year, Pakistan’s new coalition government led by the Pakistan Muslim League-Nawaz (PML-N) had approached the IMF for the 25th time for a loan. On September 12, Pakistani Prime Minister Shehbaz Sharif said his country had met all the conditions set by the IMF to qualify for a new loan. And on September 25, the IMF signed a formal approval of the loan.

Type: Question and Answer

Economics

Amid warming bilateral ties, India and the United States have steadily built their defense relationship over 20 years. More recently, shared concern over China’s rise and projection of power has motivated a renewed focused on institutionalizing the relationship at the highest levels while building the connective tissue necessary to innovate and collaborate effectively in support of preserving a free and open Indo-Pacific region.

Type: Analysis

Global Policy