Top Tweets for #RestructureDebt
From CRISIS to OPPORTUNITY: Debt-for-Climate and Nature swaps offer a way to #restructuredebt while investing in #environmentalresilience. A new #IPS study explores how #SL can use #DfCN swaps to tackle debt and environmental degradation.
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#debtfornature #climateaction #lka
Africa, which accounts for the largest number of people living with HIV—some 26m out of 40m globally—is being choked by public debt.
Every moment we delay in restructuring unsustainable debt carries a heavy price.
#SummitOfTheFuture #RestructureDebt
https://t.co/EDJDLyEEGa
Growing public debt is choking sub-Saharan African countries, leaving them with little fiscal room to finance health & critical HIV services.
Every moment we delay in restructuring unsustainable debt carries a heavy price. #SummitOfTheFuture
#restructuredebt
https://t.co/ZLGNEdoc3H
🧵on SL's debt, what debt restructuring is - and how we do it.
This is a complicated topic so please ask any question you have, however simple it may seem.
#SriLankaEconomicCrisis #SriLankaCrisis #IMFNow #RestructureDebt
(1/25)
What exactly is the process behind the IMF - and why are we doing this IMF thing again?
Why do we need to do this regardless of #GoHomeRajapaksas or not?
#SriLankaEconomicCrisis #SriLankaCrisis #IMFNow #RestructureDebt
(1/19)
So yeah, we need to act now before we crash and burn.
#SriLankaEconomicCrisis #IMFNow #RestructureDebt
@ChayuDamsinghe @vroomd Back of envelope - abt $4.6bn central govt external debt service in 2022. Of that abt $2.4bn is ISB servicing. So on avg about $200mn/month in bilateral & multilateral debt servicing. in reality some months more, others less. SOEs debt in addition to this
A lot of people know about the July 1b, but we have a series of payments before then too. There's ~80mn on April 18th alone!
We need to suspend, communicate, and restructure now before we crash and burn!
#SriLankaEconomicCrisis #RestructureDebt #IMFNow
Acute medical, fuel shortages, usable reserves ~$150m.. we’ve never seen such a dire situation. What will next week bring?
Suspend payments. Appoint advisers. Go. To. The. IMF
#IMFNow #RestructureDebt
We have ~80 mn in an ISB on the 18th to pay off, and possibly some 1bn in trade clearance in May. We need to act immediately or we crash in debt markets and also run out of import space for essentials.
#IMFNow #RestructureDebt #SriLankaEconomicCrisis
@RegularReh Forget July one. I am concerned about making payments this month
Drug shortages are already here.
Apart from a functioning govt, we need the right people at the CBSL, MoF, Treasury for the IMF process. Dr. Nandalal is a great start, let’s get the ball rolling on the rest before we default!
#IMFNow #RestructureDebt #SriLankaEconomicCrisis
Guys, we'll literally starve if we don't do these economic reforms as soon as possible. We cant survive if we only focus on sending these guys home we need a economic reform.
#GoToIMF #IMFNow #RestructureDebt
#SriLankaEconomicCrisis
#GoHomeRajapaksas
https://t.co/920QXncIXD
I'm a macroeconomist
I can say with confidence, that political reform alone will not solve Sri Lanka's ECONOMIC crisis
Unless you also call for IMF reform and debt restructuring in the same voice, you are completely missing the point
#GoHomeRajapakshas #SriLankaEconomicCrisis
I won't make a claim for or against 4, but 100% behind 1st 3
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis
Guys a few slogans fr placards #ProtestLK
“Don’t Pay USD1Bn”
“Go for Debt Restructuring”
“Start IMF talks”
“DrHarsha take up MoF”
Though corrupted politicians to b chased away task @ hand is 2 luk after #EconomicCrisisLK & addressing it.
#SriLanka #LKA #SriLankaEconomicCrisis
Yes, agree. I will focus on the economic solution for now since that is my expertise, and fight to make sure we don't forget that, and we don't let the economic situation get worse.
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis #GoHomeRajapakshas
@ChayuDamsinghe Currently we have to focus on two matters simultaneously. One immediate solution for current crisis.2nd a strategic plan by focusing future. Both should done together.
ලංකාවට #ඩොලර්නෑ - බල බල ඉන්න වෙලා නෑ
#GoHomeRajapakshas කියල මදි, IMF ගියෙ නැත්තන්, කන්නත් නෑ
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis
#ඩොලර්නෑ
#GoHomeRajapakshas කියල මදි, IMF ගියෙ නැත්තන්, කන්නත් නෑ
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis
IMF programmes take time to negotiate, we're almost out of money.
We need to
- Raise interest rates
- Formally suspend debt payments
- Officially begin negotiations with the IMF
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis #GoHomeRajapakshas
IMF programmes take time to negotiate, we're almost out of money.
We need to
- Raise interest rates
- Formally suspend debt payments
- Officially begin negotiations with the IMF
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis #GoHomeRajapakshas
IMF programmes take time to negotiate, we're almost out of money
We need to
- Raise interest rates
- Formally suspend debt payments
- Officially begin negotiations with the IMF
#GoToIMF #IMFNow #RestructureDebt #SriLankaEconomicCrisis #GoHomeRajapakshas
Look, political reform is important for the short-medium term even and obviously for the long term
But if we don't do URGENT ECONOMIC policy changes, there is no term to even think of. Remember, all this started as an economic crisis
#GoToIMF #RestructureDebt #GoHomeRajapakshas
As a macroeconomist, I want to be clear - Sri Lanka is going through an ECONOMIC crisis.
First order of business in an economic crisis is urgent economic stability.
If we ignore these, powercuts will grow, shortages will increase, and chaos will reign.
#GoHomeRajapaksas
@mattlyon @BebbingtonScott It may be of interest to note that Mark Phillips QC, @R3PressOffice and others in the insolvency industry are promoting a Back to Business campaign highlighting the road map for businesses carrying pandemic debt including:
#RestructureDebt
#RestoreBusiness
#SaveLivelihoods
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