Desk Brief: Why Didn’t Sri Lanka Invoke Financial Emergency Provisions?

On 27 July 2022, Sri Lanka’s parliament approved the state of emergency declared on 17 July, by President Ranil Wickremesinghe. This measure is geared towards quelling large-scale protests that erupted in the face of the country’s political and economic crisis. Since August 2021, Article 155 of the Sri Lankan Constitution, which vests the President with […]