While 80% of Sri Lanka’s poor still live in rural areas, the poverty rate in urban areas has tripled since 2021, and half the population in estate areas is currently living below the poverty
Sri Lanka has undertaken several mega projects in their country for more than a decade, which are currently considered superfluous. Sri Lanka was also a major tourist destination in South Asia. But over the years, Sri Lanka's economy has been in deep crisis. The growing shortage of imported goods in the country is ruining the lives of the people. This blog analyses the Samurdhi (prosperity) programme, the country’s main poverty alleviation initiative launched in 1995, and argues that addressing its core problem of poor targeting of beneficiaries is essential to end poverty in Sri Lanka. Where Do We Stand? Sri Lanka has performed reasonably well in the area of poverty eradication in bit44vy.