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‘No Room for Fiscal Slippage’

COLOMBO (News 1st); Sri Lanka’s sovereign debt restructuring process is almost complete, marking a significant milestone in the country’s economic recovery. According to an IMF Working Paper titled “Sri Lanka’s Sovereign Debt Restructuring: Lessons from Complex Processes” by Peter Breuer, Sandesh Dhungana, and Mike Li, the restructuring has helped normalize domestic financing conditions and stabilize…