Tag Archives | Domestic Debt

  • Sri Lanka’s Dangerous Domestic Debt Restructuring

    Sri Lanka’s dangerous domestic debt restructuring

    Originally published: Project Syndicate on September 13, 2023 by Kanchana N. Ruwanpura (more by Project Syndicate)  |

    The recent bailout agreement between the International Monetary Fund and Sri Lanka fails to address the economy’s structural problems. Instead, it focuses on highly regressive measures that disproportionately affect the working poor and are likely to exacerbate the country’s ongoing debt distress.