The Daily Brief

Sri Lanka’s Last Chance: Debt Restructuring or Total Collapse?

Nov 29, 2024
Sri Lanka is at a crossroads, grappling with the urgent need for debt restructuring to avoid total economic collapse. The podcast explores past financial struggles and recent optimism in the bond market. It questions whether these strategies will be sufficient in tackling deep-rooted issues, including unsustainable borrowing and misguided agricultural policies. As the country negotiates its way to recovery, the implications for global markets and India's economic challenges are also up for discussion.
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