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Expert briefing
Publication date: 4 October 2023
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The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…

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Expert briefing
Publication date: 12 July 2023
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

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Expert briefing
Publication date: 4 August 2022
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At least part of the support would be from the Fund’s new Resilience and Sustainability Trust (RST). Several media reports have described Dhaka’s move as a request for a bailout…

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Expert briefing
Publication date: 16 May 2022
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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: 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: 24 October 2018
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The country is struggling with a widening current account deficit and debt problems associated with mega investment projects. The National Unity Government (NUG) signed a free…

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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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Executive summary
Publication date: 19 January 2022
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SRI LANKA: Making rhetoric a reality will be tough

Details

DOI: 10.1108/OXAN-ES266779

ISSN: 2633-304X

Keywords

Geographic
Sri Lanka
AP
China
India
Topical
economy
politics
bonds
debt
government
monetary
policy
foreign trade
health
remittances
tourism
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Expert briefing
Publication date: 14 July 2021
Expert Briefings Powered by Oxford Analytica

In late May, it approved a three-month, USD200mn currency swap with Sri Lanka to help ease Colombo’s foreign exchange woes. The move underscores its growing economic strength…

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