What is the first step Sri Lanka needs to take to avoid a default?
Georgetown University's Devarajan on Sri Lanka Debt Crisis

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Business, Architecture
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Initiate debt restructuring
Increase public expenditure
Cut taxes
Reduce foreign exchange reserves
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can an IMF program assist Sri Lanka during its fiscal adjustments?
By increasing the fiscal deficit
By providing fresh resources and budget support
By eliminating all subsidies
By reducing the amount of debt
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a critical component of addressing the $1 billion sovereign bond due in July?
Appointing financial and legal advisors
Increasing public expenditure
Reducing tax rates
Eliminating all imports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the IMF's concerns regarding Sri Lanka's debt sustainability?
Lack of sufficient fiscal space
Excessive foreign exchange reserves
High levels of public expenditure
Low interest rates on debt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which state-owned enterprise is mentioned as causing financial strain on Sri Lanka's Treasury?
Sri Lankan Postal Service
Sri Lankan Railways
Sri Lankan Airlines
Sri Lankan Telecommunications
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of bridge financing for Sri Lanka?
To eliminate all foreign debt
To alleviate shortages of essential goods
To increase public expenditure
To reduce the fiscal deficit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of restructuring state-owned enterprises in Sri Lanka?
Increasing foreign debt
Eliminating all public services
Reducing losses and generating resources
Increasing the fiscal deficit
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