Sri Lanka needs medium and long term plan to overcome debt crisis

Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised.

https://www.sundaytimes.lk/210801/business-times/sri-lanka-needs-medium-and-long-term-plan-to-overcome-debt-crisis-450873.html

Sunday Times

2021-08-01

Related News and Insights

Public debt grew more slowly in the first three qu...

Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.

Find Out More

SL exits ’Restricted Default’ rating

Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...

Find Out More

CEB secures US$150 mn ADB loan for transmission ne...

The Asian Development Bank (ADB) has provided a $150 million loan to the Ceylon Electricity Board (CEB) to enhance Sri Lanka's electricity transmission infrastructure, focusing on improving grid reliability and inte...

Find Out More

View All