Sri Lanka: One Year after the Aragalaya

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Last summer, long lines for fuel and food dominated news out of Sri Lanka as the country faced economic default. Amid the concurrent political turmoil, former President Gotabaya Rajapaksa fled abroad while protesters occupied the presidential palace demanding his ouster. Since then, Sri Lanka has started the recovery process, securing a $2.9 billion IMF bailout this past March. However, prices have continued to rise and Sri Lanka’s poverty rate has nearly doubled. A new government led by political veteran Ranil Wickremesinghe has struggled to gain public legitimacy and has cracked down on dissent. Meanwhile, Sri Lanka continues to navigate an increasingly competitive Indo-Pacific region as it strives to renegotiate its foreign debt with its biggest creditors: China, Japan and India.

On July 25, USIP hosted a conversation on Sri Lanka’s trajectory since the Aragalaya protests last year. The discussion examined the island’s economic recovery, the shifting geopolitics in the Indian Ocean and how President Ranil Wickremesinghe’s administration has fared since taking over.

For more information about this event, please visit: https://www.usip.org/events/sri-lanka-one-year-after-aragalaya

Speakers:

Nishan De Mel
Executive Director, Verité Research

Nilanthi Samaranayake
Visiting Expert, U.S. Institute of Peace

Ambika Satkunanathan
Former Commissioner, Human Rights Commission of Sri Lanka

Tamanna Salikuddin, moderator
Director, South Asia Programs, U.S. Institute of Peace

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The United States Institute of Peace is a national, nonpartisan, independent institute, founded by Congress and dedicated to the proposition that a world without violent conflict is possible, practical and essential for U.S. and global security. In conflict zones abroad, the Institute works with local partners to prevent, mitigate, and resolve violent conflict. To reduce future crises and the need for costly interventions, USIP works with governments and civil societies to build local capacities to manage conflict peacefully. The Institute pursues its mission by linking research, policy, training, analysis and direct action to support those who are working to build a more peaceful, inclusive world. Learn more about USIP: https://www.usip.org/about
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Food
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United States Institute of Peace, USIP, U.S Institute of Peace
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