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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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Cabinet approves international sovereign bond restructuring
Sri Lanka’s Cabinet approved the restructuring of $14.2 billion in international sovereign bonds by swapping existing bonds for new ones, aligned with the IMF's debt sustainability analysis, following agreemen...
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President Gotabaya Rajapaksa said in anational address Wednesday said that hehad given the go ahead for an IMF programafter meeting senior staff of the lender inColombo.
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India’s support for Sri Lanka expanded by a further $ 1 billion yesterday when the two countries signed a fresh loan whilst agreeing to a new master framework to further enhance bilateral cooperation.
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