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Expert briefing
Publication date: 21 April 2023
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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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Expert briefing
Publication date: 4 August 2021
Expert Briefings Powered by Oxford Analytica

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…

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Expert briefing
Publication date: 28 October 2020
Expert Briefings Powered by Oxford Analytica

Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…

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