Daily Mirror (Sri Lanka)

Advocata to kick start Deep Dive discussion series on ‘Debt sustainabi­lity’

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The Advocata Institute has launched its latest public policy discussion series ‘Deep Dive’.

The series will commence with several discussion­s on the topic “How can we improve Sri Lanka’s Debt Sustainabi­lity?”

The discussion series will kick start with a lecture on the same topic, presented by 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 US$ 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/ucb9agjgyu Tjhpdjaid4­y2lg/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

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