NEWS RELEASE: The Advocata Institute Event Series on “How can we improve Sri Lanka’s Debt Sustainability?”

NEWS RELEASE

Originally appeared in the Daily News and Daily Mirror

COLOMBO, Sri Lanka—  The Advocata Institute launches its latest public policy discussion series ‘DeepDive’. The series will commence with several discussions on the topic  “How can we improve Sri Lanka’s Debt Sustainability?”. The discussion series will kickstart with a lecture on the same topic, presented by Mr. Murtaza Jafferjee, Chairman of the Advocata Institute. 

This lecture will be released in the lead up to the first discussion, which will feature an eminent panel consisting of Prof. Ricardo Hausmann  (Director Growth Lab, Harvard University’s Center for International Development), Prof. Mick Moore (Political Economist | Founding CEO & Senior Fellow, International Centre for Tax and Development| Professorial Fellow, Institute of Development Studies), Dr. Nishan De Mel, (Economist | Executive Director, Verité Research). The Panel would be Moderated by Dr.Roshan Perera (Economist | Former Director Risk Management Department of the Central Bank of Sri Lanka and  Aneetha Warusavitarana (Research Manager, Advocata Institute). The event would be live-streamed on the Advocata Institute Facebook on the 30th of September at  3.45 PM. 

The Advocata Institute remains committed to finding policy solutions to key challenges holding back Sri Lanka’s road to development. Debt sustainability remains a key structural issue affecting Sri Lanka’s Economy. With the emergence of the COVID 19 Pandemic, economies have experienced worsening debt positions.  Sri Lanka’s position has become precarious, with total repayments  (of capital and interest for 2020) amounting to an estimated $ 4.2 billion according to the Ministry of Finance Annual Report. The discussion series would discuss in detail policies and strategies that would enable Sri Lanka to meet all its current and future payment obligations without exceptional financial assistance supported by an analysis of our current position. 

The Advocata Institute cordially invites members of the public to tune into the Live streamed event on Advocata Institute Facebook Page. Questions will be taken online through SLIDO.com Code:#DEEPDIVE. The lecture on “How can we improve Sri Lanka’s Debt Sustainability?” would be available on https://www.youtube.com/channel/UCB9AgjGYUTJhpdjAid4Y2Lg/featured, to get a comprehensive understanding of debt sustainability and how it affects Sri Lanka’s economy and livelihoods of all Sri Lankan’s. To keep yourself updated register at https://forms.gle/hUSNVK7QCZdBCyMJ6

Advocata is an independent policy think tank based in Colombo, Sri Lanka. We conduct research, provide commentary and hold events to promote sound policy ideas compatible with a free society in Sri Lanka. Visit advocata.org for more information.

Advocata spokespersons are available for live and pre-recorded broadcast interviews via 077 621 6788

CONTACT:

Yasodara Kariyawasam,

Communications Manager, Advocata Institute

Email: [email protected]