Sri Lanka - After the State bankruptcy - new and existing opportunities for Austrian companies
In addition, the country has successfully built up its foreign exchange reserves, which now amount to more than USD 5.5 billion or more than three months of import cover, and it has made significant progress in restructuring its external debt.
There were two major positive developments in June 2024: the successful completion of the second IMF program review and the signing of MoUs with Sri Lanka's bilateral creditors.
Essentially, despite some hurdles along the way, Sri Lanka has achieved macroeconomic stabilization and has shown promising signs of recovery.
There were two major positive developments in June 2024: the successful completion of the second IMF program review and the signing of MoUs with Sri Lanka's bilateral creditors.
Essentially, despite some hurdles along the way, Sri Lanka has achieved macroeconomic stabilization and has shown promising signs of recovery.
Due to these positive developments, we are planning a business delegation to Sri Lanka to promote existing projects and find new opportunities for Austrian companies.
The program will be uploaded as soon as possible.
For more details please contact:
Advantage Austria New Delhi
Ms. Doris Jones
T + 91 11 4363 5020