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How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
Featured Insight
How Long Did Sri Lanka Take to Secure its Board Level Agreement
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this infographic, we take a closer look at the time taken between the staff level agreement and board level agreement for Sri Lanka, compared to other countries that underwent debt restructuring since 2009. Using publicly available information, we found that Sri Lanka is majorly delayed in its debt restructuring process, with a 200-day gap between the two agreements. This delay could have significant implications for the country's economy, as well as its ability to access international financing in the future. Check out the infographic below for more details and insights.
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Third review approved by IMF, SL to get next US$ 333 million tranche
IMF and Sri Lanka agreed on the third review of the Extended Fund Facility (EFF), unlocking US$333 million, subject to conditions.
2024-11-23
Daily Mirror
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CBSL expects economy to grow close to 4% in 2024
Sri Lanka is expected to achieve close to 4% economic growth by the end of 2024, despite earlier years of economic contraction and lower growth forecasts from international organizations. &nb...
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International Sovereign Bonds (ISBs) can enhance government accountability and performance by enforcing financial discipline, despite their high-interest costs, according to Prof. Shanta Devarajan of Verité Research....
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The budget deficit in the first five months of this year decreased by 64% (Rs. 367 billion) due to higher revenue and lower expenditure. Revenue increased by 44% to Rs. 1.6 trillion, while expenditure dropped by 7% to Rs. 2...
2024-07-29
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SL collects record revenue in May
In May 2024, Sri Lanka collected a record Rs. 400 billion in revenue, with total government revenue for the first five months reaching Rs. 1,619.2 billion, significantly up from Rs. 1,122.4 billion in the same period in 202...
2024-07-29
The Morning
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