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Sri Lanka debt

IMF Set to Provide $2.9 Billion to Help Crisis-hit Sri Lanka
September 01, 2022

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
September 01, 2022

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
July 20, 2022

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?
April 27, 2022

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
April 12, 2022

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
March 05, 2022

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
March 03, 2022

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
January 10, 2022

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
February 09, 2021

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’? 
May 14, 2019

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
March 27, 2019

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
October 19, 2018

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.

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