Sri Lanka Central Bank Governor Weerasinghe on Rate Hike, IMF Talks

The transcript discusses the challenges faced by a country in managing its debt and inflation. The Central Bank Governor outlines the monetary policies implemented to control inflation and achieve macroeconomic stability. The discussion includes the progress of negotiations with the IMF for a policy package and the debt restructuring process. The Governor also highlights the need for financial support from countries like India and China to manage short-term needs until IMF assistance is secured.

What steps are being taken to address debt restructuring according to the governor?

What is the significance of obtaining financial assurances from creditors as mentioned by the governor?

How does the governor describe the role of India and China in supporting Sri Lanka during the crisis?