Fiscal Policy
IMG

Sri Lanka’s Debt Overhang: Getting Better, or Worse?

The Sri Lankan economy appears to be suffering from a growing debt crisis and is facing a risky external sector outlook in the near term. According to Central Bank’s 2016 Annual Report, the total general government external debt has grown by 10% in 2016 to US$ 27.2 billion. This article by Dushni Weerakoon analyses whether Sri Lanka is making progress in terms of getting its debt overhang under control.

imf

Sri Lanka’s Extended Fund Facility Arrangement with the IMF: It’s Mostly Fiscal

This article takes a look at Sri Lanka’s status and what the country needs to do with regard to its economy, in terms of the IMF Programme.