G24: Sri Lanka Changed the Global Debt Playbook, But More Reforms Needed

Report Summary

COLOMBO (News 1st); The prolonged debt crisis experienced by Sri Lanka has become a key reference point in ongoing efforts to strengthen the global sovereign debt restructuring system, according to the G24 Secretariat. Responding to a question from News1st's Zulfick Farzan during a media briefing, G24 Secretariat Director Iyabo Masha said excessive debt levels continue to be a major constraint on…