LKR Debt Rescheduling Options for Sri Lanka – ft.lk | Vette Leader

President Ranil Wickremesinghe spoke to IMF Managing Director Kristalina Georgieva about debt management at the COP27 climate summit recently It is no understatement to say that there is much speculation about domestic debt restructuring today, after a Bloomberg report suggested that “Sri Lanka’s USD bondholders … Read more

Since when does the IMF care about inequality? – The Atlantic | Vette Leader

Last Thursday, the International Monetary Fund spooked markets and surprised commentators by chiding Britain’s Conservative government for fiscal irresponsibility. The shock was palpable. For the IMF, criticizing the government of a major western economy was a bit like the janitor scolding the landlord for jeopardizing the estimated value of the building. This sense of an … Read more

Recovery Opportunities for Heavily Indebted Sri Lanka – ft.lk | Vette Leader

According to World Bank publications: “Heavily Indebted Poor Countries (HIPCs) are a group of 39 developing countries with very high poverty and debt burdens that are eligible for special payments Supported by the IMF, ADB and World Bank. This was an initiative of the International Monetary Fund and the World Bank … Read more

The government’s IMF agreement and the UN Human Rights Council | Daily FT – ft.lk | Vette Leader

In a few days, the first UN human rights assessment of President Ranil Wickremesinghe’s term of office as head of state will be presented in Geneva. What is clear is that Wickremesinghe cares far less about human rights now that he is president than he appeared when he was opposition leader or even prime … Read more