Category: Opinion & Featured
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Can Sri Lanka Avoid another Sovereign Default in 2028?
Sri Lanka faces substantial external debt-repayment obligations with much of these coming due in 2028 even as the country must mobilise funds for post- cyclone reconstruction. Given weak revenue mobilisation, higher disaster-related government spending, and depressed growth prospects, the fiscal burden is rising fast. The analyst warns that this combination natural-disaster damage, huge reconstruction costs,
