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Now showing items 111-120 of 131
China Endorses Sri Lanka Debt Plan
(Colombo: Verite Research, 2023-03-09)
China has given its approval to Sri Lanka's plan to restructure its international debt, clearing the path for a loan via the IMF's Extended Fund Facility (EFF).
Sri Lanka Missed Deadline to Create an Online Fiscal Transparency Platform
(Colombo: Daily Mirror, 2023-04-28)
Sri Lanka misses the IMF deadline to create an online platform for fiscal transparency. However, some of the data is slated to be made public by the end of April.
The IDC is Advocating for more Accountability from Private Lenders to Ease the Debt Burden of Developing Nations
(Colombo: Verite Research, 2023-03-15)
The International Development Committee is advocating for mandatory participation of private creditors in debt relief schemes for impoverished nations. Developing nations have accrued higher debts than before to private ...
Bloomberg Markets Predicts LKR's Possible Depreciation Against USD
(Colombo: Verite Research, 2023-06-02)
Bloomberg reported that the Sri Lankan rupee may deteriorate as a result of upcoming debt repayments. In March 2023 Verite Research took the view that greater volatility in exchange rates increases uncertainty and risk for ...
Sri Lanka Has Set a Global Precedent in Domestic Debt Restructuring
(Colombo: Verite Research, 2023-08-24)
This infographic looks at other countries that have also gone through domestic debt restructuring (DDR) since 1998 and the ways they have gone about this. Sri Lanka is the first country to use social security funds while ...
IMF Programme Progress
(Colombo: Verite Research, 2023-05-18)
The infographic covers three points; 1) the IMF analysis projects a decline in Sri Lankas debt to GDP; 2) effective interests rates to decline; and 3) progress on IMF commitments.
Syndicated Surveys: Mood of the Nation - February 2024 (Round 07)
(Colombo: Verite Research, 2024-03)
Approval of government falls to 7% in February, latest Mood of the Nation Survey shows increase in negative outlook. The survey showed that only 9% rated the current economic conditions as either excellent or good, which ...
Composition of Sri Lanka's Gross Official Reserves
(Colombo: Verite Research, 2022-04-05)
The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is ...
Sri Lanka failed 2 IMF commitments and met 25 by end-April
(Colombo: Verite Research, 2023-05-23)
By the end April 2023, Sri Lanka had fulfilled 25% of its trackable commitments under the IMF program.
Sri Lanka fell short on two commitments that were expected to be fulfilled by April 2023. The first of these is related ...
Sri Lanka’s Imports Were 4% Higher in 2021 When Compared to 2019
(Colombo: Verite Research, 2022-03-03)
Sri Lanka’s Imports have grown by 4%, (USD 700 Million) from 2019 to 2021. One of the main contributors for this growth is the increase in the Medical and Pharmaceuticals imports by 60% which amounts to USD 330 Million. ...