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Sri Lanka Debt Fears in 2028 Overstated, Says Arutha Research Think Tank - LNW Lanka News Web
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Sri Lanka Debt Fears in 2028 Overstated, Says Arutha Research Think Tank - LNW Lanka News Web
Colombo-based think tank Arutha Research has dismissed concerns that Sri Lanka faces a looming debt servicing cliff in 2028, when capital repayments on restructured foreign loans resume. Arutha Research Director of Debt Research, Umesh Moramudali, told the Debt and Tax Dialogue forum yesterday that the country’s repayment obligations in 2028 would rise by only about $1 billion compared to 2026 and 2027, countering widespread fears of a sudden re…
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