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Posts tagged as “dometic-debt”

i Lanka takes a 5-day holiday to manage economic shocks as domestic-debt restructuring looms

by Dimuthu Attanayake in SCMP, June 27, 2023As cash-strapped Sri Lanka begins its long-awaited domestic-debt restructuring process this week, local experts have voiced optimism that the plan will enhance a reform road map agreed upon with the International Monetary Fund earlier this year. Nandalal Weerasinghe, the country’s central bank chief, announced on Sunday that the process would get under way over the coming five-day bank holiday weekend – extended with a special additional holiday on…