Debt Dynamics in Post-Default Sri Lanka

Speaking at Arutha’s inaugural conference, Debt & Tax Dialogue, Umesh Moramudali highlighted a major shift in how Sri Lanka handles development projects, moving away from costly, non-transparent deals toward competitive, accountable procurement.

This change is also reflected in how Chinese state-owned enterprises (SOEs) now operate in Sri Lanka. Instead of debt-heavy agreements, Chinese SOEs are increasingly engaging in investment-driven projects through standard bidding processes signaling better governance.

Download Here:

Debt-Dynamics-in-Post-Default-Sri-Lanka-1 (1)_compressed.pdf

Download PDF • 385KB