IMF Signals Expanded Support as Sri Lanka Faces Severe Economic Shock After Cyclone
Economic implications, recovery priorities, and fiscal outlook Sri Lanka is once again confronting economic turbulence this time not from external debt markets or inflationary pressures, but from nature itself. The recent cyclone and severe flooding have disrupted daily life, forced mass displacement, damaged infrastructure, and halted business activity across several provinces. Early estimates from disaster-management […]
Sri Lanka’s Debt Path After Restructuring: Why Stock Relief Is Not Enough
Sri Lanka has crossed the hardest miles of debt restructuring. Eurobonds were exchanged in December 2024. Bilateral deals have advanced with Japan, India, and others. According to IMF Mission Chief Evan Papageorgiou, only about US$500 million of the US$28 billion “under the perimeter” remains to be finalised. That is real progress. It is not, by […]