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Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
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Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenu...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
The Morning
Cabinet approves international sovereign bond rest...
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...
மேலும் வாசிக்க
Source:
The Morning
SL pays $ 503 m for 1H debt servicing
By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.
மேலும் வாசிக்க
Source:
LBO
IMF team for Sri Lanka completes initial technical...
During the 2022 IMF and World Bank Spring Meetings in Washington, D.C., IMF Managing Director Kristalina Georgieva and other senior members of IMF management met with a Sri Lankan delegation, led by Finance Minister Ali Sabry and Central Ban...
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நுண்ணறிவு கடன்
Public debt grew more slowly in the firs...
Sri Lanka’s public debt rose at a s...
2024 Presidential Election: Manifesto Pr...
With the upcoming presidential election scheduled for September 21, 20...
பிணைமுறி மோசடி நடந்து 9 ஆண்டுகள்!
2015 ஆம்
Public Debt Increases in Dollar Value Wh...
According to recent data published by the...
Total and primary deficits run in opposi...
The governments primary deficit improved in the first half of 2023 c...
Sri Lanka in the top 10 countries with t...
According to data from the World Bank Dat...
2022 ஆம் ஆண்டில் வட்டிக் கொடுப்பனவுகள்...
மத்திய வங்கியின் 2022 ஆம் ஆண்டிற்கான ஆண்ட...
இலங்கையின் கடன் பதிவுகளை வெளிக்கொண்டுவரல...
கீழேயுள்ள விளக்கப்படம் 2022 செப்டம்பர் இன் இறுதியில் இலங்கையின் வெளிநாட்டுக் கடனின் உரிமையை சித்த...
உள்நாட்டு கடன் மறுசீரமைப்பு
தொடரும் நெருக்கடியிலிருந்து மீள்வதற்கான சவாலை இலங்கை எதிர்கொள்கிறது. இந்தப் பின்னணிக் குறிப்பு, த...
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விவரணம்
The Government Has to Repay Yearly an Average of U...
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025.
மேலும் வாசிக்க
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection.
மேலும் வாசிக்க
Sanitary Napkins: Subjected to Unreasonably High T...
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and golf balls and military artill...
மேலும் வாசிக்க