Sri Lanka: Facing an economic crisis – but IMF is not an option (for now)
Low revenue from tourism, plummeting foreign remittances and legacy debts from the sovereign bond market are pushing Sri Lanka in the general direction of default This is exacerbated by errors in the island’s tea-production strategy However, help from multilateral lendi… Become a member to read the rest of this article Username or E-mail Password […]
SRI LANKA: Surviving Between a Rock and a Hard Place
SummaryAsset ClassCreditQualityHigh yieldGeographySri LankaSectorSovereignDate24 SEP 2020 Executive Summary In our last report dated 12-May-20, we highlighted the fact that Sri Lanka will not default this year. We also compared Sri Lanka with its closest Asian peers such a… Become a member to read the rest of this article