Tag
Sri Lanka debt restructuring
Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?
By Rathindra Kuruwita
The agreement further entangles Sri Lanka in an exploitative global debt system that prioritizes creditor profits over the country's development and people's welfare.
Sri Lanka Reaches Debt Restructuring Deal With Bilateral Creditors, Including China and India
By Bharatha Mallawarachi
The deal is expected to reopen the doors to bilateral transactions and the resumption of foreign projects that stalled when the island nation defaulted.
A Tale of 3 Nations: Debt Restructuring in Ghana, Zambia, and Sri Lanka
By Dilmini Hasintha Abeyrathne
What three different countries can tell us about the global debt problem – and China’s role in both debt distress and debt relief.
Can Sri Lanka Afford to Go Green?
By Michael Iveson
Sri Lanka will not fulfill its renewable energy commitments under current economic conditions. But what if the government could simultaneously tackle its climate, energy, and debt crises?
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.
The Significance of French President Macron’s Visit to Sri Lanka
By Jayesh Khatu and Yatharth Thumar
In Sri Lanka, Macron continued his message that France is ready to uphold the sovereignty of island nations susceptible to the negative influence of China.
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.
The Real Cause of Sri Lanka’s Debt Trap
By Bram Nicholas and Shiran Illanperuma
Sri Lanka’s default highlights the dangers of relying on international sovereign bonds – with high interest rates – to fund development.
Sri Lanka Says Debt-restructuring Talks Making Progress
By Bharatha Mallawarachi
India has already given the necessary assurances to the IMF. Other bilateral creditors, including China, have not yet but Sri Lanka says there’s progress in the ongoing discussions.
Sri Lanka’s Steep Climb Out of the Economic Abyss
By Luke Hunt
Colombo is still waiting on Beijing’s approval for debt restructuring.
Demystifying China’s Role in Sri Lanka’s Debt Restructuring
By Umesh Moramudali and Thilina Panduwawala
Sri Lanka’s debt restructuring is deeply embedded both within a global emerging market debt crisis and a moment of rethinking within China about its global role as a creditor.
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.
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