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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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SRI LANKA: Market may be overstating default risk
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DOI: 10.1108/OXAN-ES256563
ISSN: 2633-304X
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India and Pakistan face a higher risk of heatwaves. Rising average temperatures may be linked to increased monsoon-related emergencies in South Asia.
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DOI: 10.1108/OXAN-DB239109
ISSN: 2633-304X
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SRI LANKA: Rocky road lies ahead despite bailout
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DOI: 10.1108/OXAN-ES276887
ISSN: 2633-304X
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SRI LANKA: Economic short-termism will prevail
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DOI: 10.1108/OXAN-ES241207
ISSN: 2633-304X
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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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DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
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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…