Fernando: Sri Lanka Looking At How To Rectify Crisis

The video discusses Sri Lanka's economic challenges, focusing on the need for immediate policy changes and fiscal discipline. It highlights the role of the new Central Bank governor and the importance of upcoming IMF talks. The discussion covers potential interest rate hikes, fiscal policy adjustments, and the necessity of debt restructuring. The video also addresses the economic outlook, emphasizing the need for a credible reform plan to avoid default and ensure long-term recovery.

What historical context is important to understand Sri Lanka's repeated need for IMF assistance?

In what ways can state-owned enterprises contribute to economic recovery?

What are the potential consequences if the government does not implement necessary reforms?