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Dr. Ganeshan Wignaraja, our Visiting Senior Fellow and trade policy advisor to the Sri Lankan President, recently shared his expert insights on BBC News regarding Sri Lanka's debt restructuring deal and its path to economic recovery. Some key points from the interview: ➡ The $10 billion debt restructuring deal with official creditors marks a pivotal step towards economic recovery. ➡ Further efforts to restructure $13 billion owed to private bondholders are essential for strengthening the country's financial standing. ➡ While efforts to exit debt distress are commendable, addressing high poverty and food insecurity created by the economic crisis and COVID-19 remains a priority. Implementing social protection measures like cash transfers to those in need, is crucial for addressing these challenges. As Sri Lanka navigates this crucial period, fostering sustainable and equitable growth will be key to a successful recovery. Watch the full interview ⤵ #SriLanka #DebtRestructuring #EconomicRecovery #EconomicTransformation ODI | Karen Triggs

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