The announcement by the Governor of the Central Bank that Sri Lanka has earmarked $ 500 million to repay a maturing sovereign bond on 18 January is reckless for two reasons.
By Shanta Devarajan (The writer is a former World Bank Chief Economist for South Asia, Africa, and the Middle East and North Africa. He is now Professor of Georgetown University) The announcement by the Governor of the Central Bank that Sri Lanka has earmarked $ 500 million to repay a maturing sovereign bond on 18 …

