Tag: Sri Lanka debt restructuring

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World Bank forecasts Sri Lankan economy to grow 1.7 pct in 2024

Key TakeawaysThe World Bank forecasts Sri Lanka's economy to grow 1.7 percent in 2024, with a 2.4 percent growth rate expected in 2025.Sri Lanka's...

Crouching Tiger, Hidden Dragon battle over the jungle of the debt trapped Lion

Key TakeawaysSri Lanka's crisis stems from a USD 83 billion debt burden, with over half owed to foreign lenders.China's Debt Trap Diplomacy via the Belt and...