Not suitable for investment in Sri Lanka - US State Department

As warned by the US State Department's 2021 Investment Climate, Sri Lanka is currently a country with a number of challenges that make it unsuitable to start a business.

It explains why corruption in the public sector poses serious challenges for investors to start businesses.

It is also reported that this decision is due to the unpredictable economic policy environment in Sri Lanka, the inefficiency of the public service and the informal procurement of the government.