Debt and Recovery

September 1, 2024

SriLankan Airlines: A Tragic Comedy of Errors and Betrayal

Editorial SriLankan Airlines’ 45-year saga, spanning its inception under Air Lanka’s livery in 1979, paints a portrait of both resilience and ruin. Born amidst the heady euphoria of JR Jayewardene’s landslide victory,

Business

Ethiopia Reaches Agreement in Principle with Bondholders on $1 Billion Debt

Ethiopia has announced that it reached an agreement in principle with bondholders over the restructuring of a $1 billion bond on which it defaulted in 2023, signaling progress in its efforts to overhaul the debt this year. The discussions, held

January 3, 2026

Sri Lanka Bleeds Nearly 3 Trillion Rupees Just to Pay Interest

Sri Lanka

Sri Lanka’s economic crisis is far from over, as the nation’s public debt has now skyrocketed to a staggering USD 106 billion, according to

Ethiopia Reaches Agreement in Principle with Bondholders on $1 Billion Debt

January 3, 2026

Business

Ethiopia has announced that it reached an agreement in principle with bondholders over the restructuring of a $1 billion bond on which it defaulted in 2023, signaling progress in its efforts to

Sri Lanka Bleeds Nearly 3 Trillion Rupees Just to Pay Interest

April 22, 2025

Sri Lanka

Sri Lanka’s economic crisis is far from over, as the nation’s public debt has now skyrocketed to a staggering USD 106 billion, according to Professor Wasantha Athukorala, Director of the Postgraduate Institute