Entries for 'Sri Lanka'

We discuss external bond recovery value scenarios, … consistent with Sri Lanka’s restructuring targets, … while illustrating the importance of Chine...

Sri Lanka has gone into distress as we predicted last year. Devaluation will compress demand and imports drastically, … but will be insufficient t...

Sri Lanka repaid another external bond out of reserves in late July. The current account deficit is widening and financing is scarce, … but...

We expect Frontier Asia to remain broadly resilient to the COVID-19 shock. Loose monetary and fiscal policies will extend into ‘21 and support growth. However, tourism will continue to weigh on growth and current accounts. Trade tensions and growing debt are the key risks to their economic outlook.

A Eurobond matures in July and buffers are very limited. Current account deficits will also add to financing needs. Repaying the bond out of reser...

Sri Lanka’s debt ratio will continue increasing, … unless new fiscal measures offset recent tax reform. External borrowing needs are ...

Sri Lanka’s current account deficit will widen this year, … and external bond amortization will be hard to manage. We see substantial...