• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceSri Lanka

Sri Lanka is experimenting with a 4-day workweek—but there’s one big catch

By
Tristan Bove
Tristan Bove
Contributing Reporter
Down Arrow Button Icon
By
Tristan Bove
Tristan Bove
Contributing Reporter
Down Arrow Button Icon
June 14, 2022, 12:48 PM ET

Shortened workweek experiments are gaining steam worldwide, with advocates contending that working four days a week instead of five can boost productivity and employee satisfaction. 

But the four-day workweek idea is taking on a different meaning in Sri Lanka, as the country tries to fend off a looming food and fuel crisis.

On Tuesday the Sri Lankan Cabinet announced plans to implement a four-day workweek in the country, according to a government press release. The policy will grant the more than 1 million public employees in the country leave from their official duties every Friday for the next three months.

But government workers won’t be able to spend their longer weekends slacking off, as the policy comes with an important catch—public employees are expected to spend their Fridays farming to help the country increase its food supply.

Workers are expected to use their days off to “engage in agricultural activities in their backyards or elsewhere as a solution to the food shortage that is expected to occur in the future,” the press release read. The government is planning on providing officials with the “necessary facilities” to grow crops wherever they can. Officials also noted that a fuel shortage has “disrupted passenger transport,” and a reduced workweek will help reduce fuel use.

The policy’s terms capture the dire economic conditions in Sri Lanka right now, as the country is poised to face a catastrophic food and fuel shortage.

Sri Lanka’s economic spiral

As the Ukraine war limits global supply of food and fuel—and sends prices for both soaring—Sri Lanka is proving to be one of the world’s most vulnerable countries to inflation.

The annual inflation rate in Sri Lanka is currently a brutal 39%, primarily spurred by food and fuel costs. Food prices are now 57.4% higher than last year, and transport prices—which include diesel, petrol, and bus fare costs—are up 91.5%.

Constrained fuel supply and high prices have led to power outages lasting as long as 15 hours a day and people waiting in lines at gas stations for over 10 hours at a time. In March, two men with medical conditions died while queuing up at fuel pumps for hours under unusually hot temperatures.

But just how did it get so bad in Sri Lanka? 

The country’s economic problems started long before inflation began roiling global markets. Sri Lanka has been running a trade deficit for the past 20 years, importing significantly more than it exported. Experts have criticized the government for years of economic mismanagement that created ideal conditions for the country’s current woes. 

The country has run up a large import bill over the years, which Sri Lanka normally pays off through its foreign reserves. But after the pandemic decimated the tourism industry—which accounted for nearly 6% of the country’s GDP in 2018—Sri Lanka’s foreign reserves hit a record low, forcing the country to default on its debt in May.

An inability to pay for foreign imports, combined with curtailed global supply and high energy and food prices, has sent Sri Lanka spiraling into its worst economic crisis in 70 years, which has led to months of protests in the country.

Sri Lanka’s four-day workweek plan comes as the country announced rationing of fuel supplies and made public calls for farmers to increase production.

Sri Lankan officials may have taken inspiration from a similar reduced workweek proposal made in Pakistan last week, when the government announced it would shorten its official six-day workweek to five days to fend off fuel shortages.

It isn’t necessarily a glowing comparison, as months of political instability and a looming debt crisis, as well as the threat of default, have led some experts to warn that Pakistan could be on track for an economic spiral of the same magnitude as the one currently afflicting Sri Lanka.

Sign up for the Coins2Day Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.
About the Author
By Tristan BoveContributing Reporter
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
1 day ago
placeholder alt text
C-Suite
Coins2Day 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
1 day ago
placeholder alt text
Success
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift
By Jacqueline MunisJanuary 28, 2026
20 hours ago
placeholder alt text
Real Estate
Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis
By Sydney Lake and Nick LichtenbergJanuary 26, 2026
3 days ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
21 hours ago
placeholder alt text
Success
Billionaire Mark Cuban spends hours reading 1,000 emails a day on 3 devices—yet he’s telling Gen Z to shut their phones, get outside, and have more fun
By Preston ForeJanuary 28, 2026
1 day ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Finance

bessent
North AmericaTariffs and trade
Bessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air
By Nick LichtenbergJanuary 29, 2026
31 minutes ago
AILetter from London
Struggling to remain relevant during the AI water-cooler chat? Talk about your latest “new collar” hire 
By Kamal AhmedJanuary 29, 2026
1 hour ago
brin
Real EstateBillionaires
Sergey Brin makes his biggest donation ever to tackle California’s housing crisis, weeks after moving to the Nevada side of Lake Tahoe
By Nick LichtenbergJanuary 29, 2026
1 hour ago
modi
CryptoTariffs and trade
A spectre is haunting Europe — the spectre of Trump. Cue the Asian trade deals
By The Associated PressJanuary 29, 2026
3 hours ago
RetailCoins2Day 500
How stroopwafels and saffron tiramisu fit into Starbucks’ plan to get to 40,000 stores around the world
By Phil WahbaJanuary 29, 2026
3 hours ago
Personal FinanceLoans
Personal loan APRs on Jan. 29, 2026
By Glen Luke FlanaganJanuary 29, 2026
3 hours ago