Tag
Sri Lanka debt
Sri Lanka’s Debt Restructuring Talks With Private Bondholders Hit a Snag
By Rathindra Kuruwita
Is the government quibbling over small details to signal to the public that it is driving a hard bargain?
Sri Lanka Reaches Agreement With China’s EXIM Bank on Debt
By Krishan Francis
This is a key step toward securing the next installment of a $2.9 billion package from the IMF.
Climate Finance Must Be Part of Sri Lanka’s Debt Solution
By Michael Iveson and Timothy Shankar
Climate finance is essential to address both the country's debt crisis and its acute climate vulnerabilities.
What’s in the IMF’s New Extended Fund Facility Arrangement for Sri Lanka?
By Michael Iveson
The IMF’s $2.9 billion EFF program lays out major structural reforms required to restore long-term macroeconomic stability in Sri Lanka.
Sri Lanka Leader Says IMF Deal Imminent After China’s Pledge
By Krishan Francis
With Beijing extending debt restructuring assurances, the last obstacle in the way of Sri Lanka securing the bailout deal has been removed.
China Expresses Support for Sri Lanka Ahead of Debt Meeting
By Joe McDonald and Bharatha Mallawarachi
Beijing is resisting cuts to Sri Lanka's debts for fear other borrowers will want similar relief.
Sri Lankan Leader Appeals for Patience Amid Economic Crisis
By Krishan Francis
Government doctors, university teachers, and other workers from ports and the power and petroleum sectors are calling on the government to lower income taxes.
Sri Lanka Begins Crucial Debt Restructuring Talks with China
By Krishan Francis
Sri Lanka is nearly bankrupt and has suspended repaying its $51 billion foreign debt, of which it must repay $28 billion by 2027.
IMF Set to Provide $2.9 Billion to Help Crisis-hit Sri Lanka
By Bharatha Mallawarachi
The package is contingent on assurances from creditors, including China, India and Japan that debt sustainability will be restored.
Sri Lanka’s Story of Sovereign Default
By Umesh Moramudali
How did Sri Lanka’s economic crisis get so bad – and how can the country move forward from here?
Sri Lanka’s Future May Not Be All That Bleak
By Luke Hunt
A conversation with economist Ganeshan Wignaraja.
Will Sri Lanka’s IMF Gamble Work?
By Rathindra Kuruwita
Implementing the IMF’s recommendations will be a daunting task for the Rajapaksa government as it will be resisted by the masses, opposition parties, and trade unions.
Sri Lanka Halts Debt Repayment Pending IMF Bailout Plan
By Krishan Francis
Sri Lankans for the past months have been enduring shortages of fuel, food, and other essentials and daily power outages.
China, India, and Sri Lanka’s Unprecedented Economic Crisis
By Umesh Moramudali
Can China and India help Sri Lanka to avoid a sovereign default?
Higher Oil Prices Push Sri Lanka Into Deeper Economic Crisis
By Krishan Francis
The dire foreign exchange crisis has worsened with the crisis in eastern Europe. Russia and Ukraine are important markets for Sri Lankan tea and tourism.
Sri Lanka Seeks Chinese Debt Restructuring Amid Crisis
By Krishan Francis
In addition to foreign debt obligations exceeding $7 billion, Sri Lanka’s foreign reserves are down to $1.6 billion, barely enough for a few weeks of imports.
Sri Lanka’s Foreign Debt Crisis Could Get Critical in 2021
By Umesh Moramudali
Sri Lanka’s debt problem has deep roots. How bad things can get in 2021?
Is Sri Lanka Really a Victim of China’s ‘Debt Trap’?
By Umesh Moramudali
Sri Lanka’s debt crisis and Chinese loans – separating myth from reality.
What Sri Lanka’s 2019 Budget Tells Us About Its Economic Health
By Umesh Moramudali
In the aftermath of political turmoil, Sri Lanka’s government will be hard-pressed to manage debt and growth in 2019.
No Strings Attached? How Sri Lanka Can Make the Most of Security Grants
By Natasha Fernando
Strategizing how Colombo can use sorely needed military grants and donations in an evolving security landscape.
China Buys Hambantota Port: Should India Be Concerned?
By Narayani Basu
The deal assuaged some Indian concerns, but China's economic dominance over Sri Lanka is still a worry.
India and China’s Tug of War Over Sri Lanka
By Yigal Chazan
India sets out to check China’s efforts to turn the island into a maritime hub on its "Belt and Road."
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