Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills
Sri Lanka is shifting its debt management strategy by decreasing reliance on foreign borrowing and instead raising capital domestically through longer-term bonds. This approach aims to create more sustainable debt levels as the country operates under an International Monetary Fund program, according to Deputy Finance Minister Anil Jayantha Fernando.
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Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills
Sri Lanka is shifting its debt management strategy by decreasing reliance on foreign borrowing and instead raising capital domestically through longer-term bonds. This approach aims to create more sustainable debt levels as the country operates under an International Monetary Fund program, according to Deputy Finance Minister Anil Jayantha Fernando.
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