Verité Research unveils 10 budget proposals for revenue and growth dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.
Sri Lanka’s sovereign default a year ago led to severe economic repercussions for the developing country, bringing the IMF’s role in helping the struggling economy into focus. Although solutions have been proposed, a third way that factors in the institutional and economic realities of nations such as Sri Lanka may be the best approach.
Sri Lanka s debt could be reduced to 101 percent of gross domestic product by extending the maturity of domestic debt by 10 years, Verete Research, a think has said.