Sri Lanka debt is unsustainable with very high rollover risk: IMF Debt Sustainability Assessment

Sri Lanka’s debt is unsustainable with very high rollover risk: IMF Debt Sustainability Assessment

Based on IMF staff analysis, fiscal consolidation necessary to bring debt down to safe levels would require excessive adjustment over the coming years, pointing to a clear solvency problem. Releasing the Country Report No. 2022/091: Sri Lanka: 2021 Article IV Consultation, the IMF staff said that a more ambitious adjustment, required to significantly reduce debt, […]