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Restructure, Reset, Recover - Is Sri Lanka failing at New Year resolutions?
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Sri Lanka's economic crisis has caught the attention of international media outlets over the past couple of weeks. Two separate narratives are at play here. One is that China is the biggest obstacle to debt restructuring. The other is that private lenders who own our International Sovereign Bonds (ISB) are to blame. Our resident economist Umesh Moramudali points out that while both narratives have merit, neither are absolute truth.
Restructure, Reset, Recover, these should have been Sri Lanka's New Year resolutions going into 2023 but is the country doing enough to meet these goals? We're discussing this and more on the first episode of The Doghouse for 2023.
Knowledge is key to understanding, so here's a throwback to our extensive primer on Sri Lanka's debt burden - The Sri Lankan Foreign Debt Problem
Follow Watchdog's special reports and coverage of the economic crisis, the infrastructure crisis, and the food & agriculture crisis at www.longform.watchdog.team
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Music - Cantina Rag by Jackson F. Smith is licensed under a Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License
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