debt

    Next Hambantota? Welcome to the Chinese-funded US$1.4 billion Port City Colombo in Sri Lanka
    by |16 May 2019|Verité in the News
    Taken from - Sunday China Morning Post When the sun goes down, Galle Face Green – the seaside urban park south of the financial district of Colombo, Sri Lanka’s capital – fills up with life. As makeshift stalls selling everything...
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    Sri Lanka needs a professional debt management office-Dr. Nishan de Mel
    by |11 March 2019|Interviews & Articles
    Taken from News1st Written by Staff Writer The Annual Budget seminar organized by the Institute of Chartered Accountants of Sri Lanka was held in Colombo this morning (March 09). Chief Executive Officer of Verité Research, Dr. Nishan de Mel stressed...
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    Foreign debt vulnerability and indebtedness to China
    by |18 February 2019|Verité in the News
    Taken from The SundayTimes The country’s external financial vulnerability is the most serious economic concern. Although the country is able to meet its massive debt repayment obligations of over US$ 5 billion this year, by further borrowing that would enhance...
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    Sri Lanka seeks regional bailout as balance of payments crisis looms
    by |21 January 2019|Verité in the News
    Colombo looks to India and China for financial assistance and renegotiates with IMF Taken from Nikkei Asian Review Image courtesy of Reuters MARWAAN MACAN-MARKAR, Asia regional correspondent COLOMBO -- Sri Lanka is turning to key Asian allies for a financial...
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    Chinese loans not main source of debt trap, says think tank
    by |14 January 2019|Verité in the News
    Taken from Daily Mirror Funds borrowed through ISBs at higher rates outweigh loans from China ISB debt growth caused by shift from concessional debt to commercial debt  Price of debt  more crucial than quantity of debt- Verité Research By Shabiya...
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