Fiscal Policy

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.

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.