Browsing by Subject "DDR - Domestic Debt Restructuring"

Now showing items 1-7 of 7

    • The Debt Digest - March 2023 

      de Mel, Nishan; Peiris, Udara (Colombo: Daily Mirror, 2023-03-16)
      The Debt Digest by Verité Research provides analytical commentary on the latest developments in Sri Lanka’s debt crisis. A key milestone in Sri Lanka’s path to recovery was the staff-level agreement with the IMF in September ...

    • The Desirability of Domestic Debt Restructuring 

      Background Note;No. 03
      Peiris, Udara       (Colombo: Verite Research, 2022-10)
      Sri Lanka faces a challenge to emerge from the continuing economic crisis of unsustainable public debt. This paper sets out four important reasons to undertake an early domestic debt restructuring (DDR), by way of reprofiling ...

    • The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka 

      Peiris, Udara (Colombo: DailyFT, Colombo: Daily Mirror, Online: International Banker, 2023-04-27)
      The recent sovereign default of Sri Lanka has once again brought attention to the effectiveness of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) approach. This programmes provides loans of short ...

    • Restructuring Domestic Debt Must Be Credible, Fast, Comprehensive 

      Peiris, Udara (Colombo: Daily Mirror, 2023-06-08)
      With the possibility of restructuring domestic debt increasing, there are concerns about the impact of such a restructuring on the financial markets. A limited restructuring, in which only government debt held by the Central ...

    • Syndicated Surveys: Taxing EPF Returns (October 2023) 

      Econ Team (2023-11)
      77% of Sri Lankan adults think that the government’s decision to reduce returns on the retirement savings in the Employees’ Provident Fund (EPF), in the pursuit of domestic debt restructuring (DDR), was not necessary and/or ...

    • Verite Research Debt Update - February 2023 

      Debt Update;Issue 01
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-02)
      This issue provides coverage and analysis on the financial assurance letters issued by China, India, The Paris Club and a group of private bond holders to the IMF on their commitment to support Sri Lanka’s debt restructuring ...

    • Verité Research Debt Update - March 2023 

      Debt update;Issue 02
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-03-17)
      This issue provides coverage and analysis on the usability of the IMF financing and the volatility of the exchange rate. These are the key developments identified; 1) Sri Lanka is expected to reach board level agreement ...