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Restructure, Reset, Recover - Is Sri Lanka failing at New Year resolutions?

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Manage episode 355243585 series 3447426
Content provided by Team Watchdog. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Team Watchdog or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sri Lanka's economic crisis has caught the attention of international media outlets over the past couple of weeks. Two separate narratives are at play here. One is that China is the biggest obstacle to debt restructuring. The other is that private lenders who own our International Sovereign Bonds (ISB) are to blame. Our resident economist Umesh Moramudali points out that while both narratives have merit, neither are absolute truth.
Restructure, Reset, Recover, these should have been Sri Lanka's New Year resolutions going into 2023 but is the country doing enough to meet these goals? We're discussing this and more on the first episode of The Doghouse for 2023.
Knowledge is key to understanding, so here's a throwback to our extensive primer on Sri Lanka's debt burden - The Sri Lankan Foreign Debt Problem
Follow Watchdog's special reports and coverage of the economic crisis, the infrastructure crisis, and the food & agriculture crisis at www.longform.watchdog.team
Download the Watchdog App for Android!
Music - Cantina Rag by Jackson F. Smith is licensed under a Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License

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24 episodes

Artwork
iconShare
 
Manage episode 355243585 series 3447426
Content provided by Team Watchdog. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Team Watchdog or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sri Lanka's economic crisis has caught the attention of international media outlets over the past couple of weeks. Two separate narratives are at play here. One is that China is the biggest obstacle to debt restructuring. The other is that private lenders who own our International Sovereign Bonds (ISB) are to blame. Our resident economist Umesh Moramudali points out that while both narratives have merit, neither are absolute truth.
Restructure, Reset, Recover, these should have been Sri Lanka's New Year resolutions going into 2023 but is the country doing enough to meet these goals? We're discussing this and more on the first episode of The Doghouse for 2023.
Knowledge is key to understanding, so here's a throwback to our extensive primer on Sri Lanka's debt burden - The Sri Lankan Foreign Debt Problem
Follow Watchdog's special reports and coverage of the economic crisis, the infrastructure crisis, and the food & agriculture crisis at www.longform.watchdog.team
Download the Watchdog App for Android!
Music - Cantina Rag by Jackson F. Smith is licensed under a Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License

  continue reading

24 episodes

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