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How local employment law could be holding Sri Lanka back
05/02/2024
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Seema Malaka Temple in Colombo, Sri Lanka
iStock.com/surangaw
Authors
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Jivan Goonetilleke
Jivan Goonetilleke is a partner at DL & F de Saram

Following several years of economic turbulence, Sri Lanka now finds itself at a crossroads of opportunity, primarily founded on the country’s conversion to a more investor-driven economy.

But the employment law regime, in its current form, could be a stumbling block to the nation reaching its full potential. Indeed, recent crisis situations (not least, covid-19 and the economic crisis and subsequent social unrest that erupted in May 2022) have placed the adequacy of the Sri Lankan employment law regime under sharp focus.