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How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
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Where do 92 Octane and Auto Diesel stand after the recent price reduction?
On 31 May 2024, fuel prices in Sri Lanka were reduced. The price of 92-octane petrol was lowered by LKR 13, bringing it to LKR 355 per litre, while Auto diesel saw a reduction of LKR 16, lowering the price to LKR 317 per litre.
2024-06-14
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The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019.
2024-04-06
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Can We Build a World-Class City with Third-World Public Transport?
This article was compiled by Dr. Sanjaya de Silva, Associate Professor of Economics at Bard College. His research interests include development and economic history in South and Southeast Asia.
2024-02-15
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The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public pro...
2023-10-04
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Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an eco...
2023-08-31
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International Women's Day
In Sri Lanka, as shown above, women are half as likely to enter the labour market, and twice as likely to be unemployed than men. 82% of the unemployment for women comes from between the ages of 20 and 40. This is almost seven times the unemployment compared to women...
2023-03-08
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2021 Budget Allocations for Hospital Development
The total allocation for Hospital Development in the 2021 Budget amounted to LKR 20.3 billion. This consisted of LKR 3.60 billion for Bio Medical Equipment and LKR 2.5 billion for upgrading the health facilities of...
2021-06-03
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2021 Budget allocation for Road Development
The total allocation for Road Development in the 2021 Budget amounted to LKR 375 billion. This consists of LKR 350 billion allocated for the Ministry of Highways and LKR 25 billion allocated to the State Ministry of Rural Ro...
2021-05-28
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