Georgetown University's Devarajan on Sri Lanka Debt Crisis

The video discusses urgent steps Sri Lanka must take to avoid a hard default, including debt restructuring, obtaining foreign exchange, and fiscal adjustments. It highlights the need for an IMF program to ensure debt sustainability and the importance of protecting the poor from fiscal burdens. The video also addresses the upcoming $1 billion sovereign bond and the role of bridge financing in alleviating social turmoil.

What are the potential consequences of cutting subsidies in Sri Lanka?

What recommendations can be made to assure the IMF about Sri Lanka's debt sustainability?

How can the government expedite the distribution of resources to alleviate public suffering?