admin

For more information and interviews contact Tim Jones on +44 7307 620372 New analysis released today shows that Sri Lanka’s bondholders are set to be repaid significantly more than government creditors such as China, under the in-principle restructuring deal agreed in early July. The calculations by UK-based Debt Justice, together with Sri Lankan campaigners Yukthi

Put people at the centre of plans for socio-economic recovery and advancement   The IMF team is in Colombo for the Second Review of the ongoing Extended Fund Facility (EFF) loan agreement with Sri Lanka and will meet with some civil society organisations and think tanks in Colombo on 19 March 2024, to receive their

An International Monetary Fund (IMF), team was in Sri Lanka from September 14-to 27 to discuss economic and financial policies and conduct the First Review of the Extended Fund Facility program comprised of a loan of USD 2.9 billion to be disbursed over four years. The  lender of last resorts was unable to reach a

Debt-for-nature swaps have emerged as a mechanism, from the Global North to address both environmental conservation and sovereign debt challenges. While they offer a potential solution to private creditors and money markets  these arrangements have sparked significant controversy due to their complexities and potential unintended consequences. There are controversies surrounding debt-for-nature swaps and key concerns associated