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Expert briefing
Publication date: 2 June 2023
Expert Briefings Powered by Oxford Analytica

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…

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Expert briefing
Publication date: 16 May 2022
Expert Briefings Powered by Oxford Analytica

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

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Expert briefing
Publication date: 21 December 2021
Expert Briefings Powered by Oxford Analytica

Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…

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Expert briefing
Publication date: 26 April 2022
Expert Briefings Powered by Oxford Analytica

Colombo is seeking a bailout of up to USD4bn from the Fund to ease the foreign exchange (forex) crisis which prompted it to suspend external debt servicing earlier this month…

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Expert briefing
Publication date: 12 July 2022
Expert Briefings Powered by Oxford Analytica

Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…

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