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 ...

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 ...

The article published in Dinamina on 21 July 2023, violated media ethical guidelines by revealing the identity of 16 year old students and using sensational headlines.

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).

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 ...

PARTLY TRUE: 500 individuals from our country go abroad on a daily basis. In the recent past, between 180,000 and 200,000 individuals per month have gone abroad. The reason why they go abroad is because it’s difficult to ...

PARTLY TRUE: In 2019, the expenditure on the food of an individual living in Colombo or elsewhere in Sri Lanka was between Rs. 6,000 and Rs. 6,500. By 2023, this has increased to between Rs.16,000 to Rs.17,000. That is, ...

On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ...

It is a truth universally acknowledged that if Sri Lanka under-performs on its governance corrections, it will underperform on its economic recovery also (with apologies to Jane Austen), the first provides the foundation ...

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 ...