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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…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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SRI LANKA: Latest restructuring move comes with risk
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DOI: 10.1108/OXAN-ES280209
ISSN: 2633-304X
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This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…
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DOI: 10.1108/OXAN-DB283748
ISSN: 2633-304X
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However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…
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DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
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According to the constitution, the next presidential election must take place in September-October 2024, but parliamentary polls are not due until 2025. Wickremesinghe is heavily…
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DOI: 10.1108/OXAN-DB284210
ISSN: 2633-304X
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A cabinet meeting yesterday to discuss a replacement failed to achieve quorum, as key political forces boycotted it. The first deputy governor, who succeeds by default, has…
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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DOI: 10.1108/OXAN-DB282414
ISSN: 2633-304X
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Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…
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DOI: 10.1108/OXAN-DB281176
ISSN: 2633-304X
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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…