Browsing Articles by Subject "Economic crisis"
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The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka
(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
(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 ...