Tag: Sri Lanka
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Sri Lanka bond holders face big losses in debt restructuring
Sri Lanka's creditors are set to lose 33 percent to 50 percent f of their investment in the country's dollar bonds, after the government...
India pledges aid to Lanka as part of bridge financing ahead of IMF bailout
Sri Lanka has sought India’s assistance in garnering international support to secure bridge financing as it enters negotiations with the International Monetary Fund (IMF)...
Global Tamil Forum expresses its solidarity with the citizens who are protesting with courage and conviction for a better Sri Lanka
Massive peoples protest- a reason to hope for a better future
It is important that the peoples of Sri Lanka, irrespective of their ethnicity, religion,...
QUICK RESOLUTION OF CRISIS NECESSARY FOR NATIONAL RECOVERY
The government’s decision to temporarily default on sovereign debt repayments, akin to a declaration of bankruptcy, will deal another major blow to the country’s...
Sri Lanka Faces Unsustainable Debt and Balance of Payment Challenges
Sri Lanka’s economic outlook is highly uncertain due to the fiscal and external imbalances. Urgent policy measures are needed to address the high levels...