Yathursha Ulakentheran is a researchers from Northern Sri Lanka and a member of the YUKTHI, a Sri Lankan collective for debt justice.

October 23, 2024

Analysis

Debt’s Political Fix

Elections and bond deals in Sri Lanka

The IMF claims that the debt crisis is one of liquidity, requiring money thrown at the problem, rather than one of solvency, compelling debt forgiveness that should be absorbed by losses to the financiers. In Sri Lanka, this political fix…