We need to educate ourselves on the histories of the conflict and the experiences of those who have fought for justice and peace on all sides.

The island's economy was crushed by its worst financial crisis in over seven decades, caused by a severe shortage of foreign exchange reserves that triggered widespread unrest and ousted its former president.

The central bank expects the economy to resume growth this quarter after six quarters of contraction - faster than expected by many economists - while overseas remittances are surging and tourist numbers are rising.

Sri Lanka launched a much-anticipated domestic debt restructuring framework that seeks to rework part of its the island nation's US$42 billion domestic debt.

The credit line, part of about US$4 billion in emergency assistance extended by India during the peak of Sri Lanka's financial crisis early last year, was scheduled to end in March.

Economic mismanagement coupled with the impact of the pandemic left Sri Lanka severely short of dollars for essential imports, tipping the country into its worst financial crisis in seven decades.

Sri Lanka is facing its worst economic crisis in more than seven decades and a shortage of dollars has disrupted imports of essentials.

President Ranil Wickremesinghe is facing a public backlash over steep tax hikes and spending cuts imposed to secure a sorely needed International Monetary Fund bailout.

Anger towards President Ranil Wickremesinghe is growing as his government slashes spending and hikes taxes to secure an IMF bailout after more than a year of economic and political upheaval.

The power price increase is the latest measure to clinch a loan to tackle a crisis that evolved from the confluence of the pandemic battering its tourism-reliant economy, rising oil prices and populist tax cuts.

Rajapaksa presided over an unprecedented economic crisis that saw the island nation's 22 million people suffer through months of food, fuel and pharmaceutical shortages.

The government warns it has barely enough revenue to pay public salaries and pensions despite huge tax hikes.