Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
Sri Lanka is seeking to obtain $17 billion in debt service relief. Sri Lanka’s crisis was largely the result of economic mismanagement combined with fallout from the COVID-19 pandemic, along with 2019 ...
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How Did Sri Lanka’s Economy Collapse? Causes & Economic Reforms
In September, the IMF stepped in and served as a lender of last resort by providing loans to Sri Lanka to help the country meet its payments. The emergency relief, though, came with specific ...
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Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
Sri Lanka is seeking to obtain $17 billion in debt service relief. Sri Lanka’s crisis was largely the result of economic mismanagement combined with fallout from the COVID-19 pandemic ...