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The Election Commission of Sri Lanka (ECSL) confirmed on February 24 that the polls would not be held on March 9 as planned. A day earlier, President Ranil Wickremesinghe claimed…
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DOI: 10.1108/OXAN-DB276375
ISSN: 2633-304X
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The restructuring creates more fiscal space for President Guillermo Lasso as he attempts to bolster popular support, fend off political opposition and drive through liberal…
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DOI: 10.1108/OXAN-DB273097
ISSN: 2633-304X
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The trip comes as her government continues to contend with tough economic challenges including low foreign exchange (forex) reserves, high inflation and a troubled banking sector…
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DOI: 10.1108/OXAN-DB288141
ISSN: 2633-304X
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Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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New government's performance.
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DOI: 10.1108/OXAN-DB236477
ISSN: 2633-304X
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The government’s commitment to fiscal consolidation is aimed at pleasing the IMF, with which Sri Lanka recently reached a staff-level agreement on a four-year, USD2.9bn bailout…
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DOI: 10.1108/OXAN-DB274687
ISSN: 2633-304X
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President Ranil Wickremesinghe, who promised to deliver the amendment, assumed office in July amid a wave of protests that forced his predecessor Gotabaya Rajapaksa to resign. As…
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DOI: 10.1108/OXAN-DB273767
ISSN: 2633-304X
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President Edgar Lungu’s debt-laden administration has attempted to secure a 1.3-billion-dollar funding package for over a year. However, Fund concerns about a lack of transparency…
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DOI: 10.1108/OXAN-DB236182
ISSN: 2633-304X
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Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…
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DOI: 10.1108/OXAN-DB272363
ISSN: 2633-304X
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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…