On September 1, debt-trapped Sri Lanka reached a preliminary agreement with the International Monetary Fund for a 48-month extended fund facility of US$2.9 billion, which hardly covers the country’s outstanding debt, nor its immediate survival needs. Nevertheless, IMF structural adjustment requires the country to meet its familiar debt-restructuring conditions: privatization of state-owned enterprises, cutbacks of […]
Tag: Privatization
Posted inAT Finance, Australia, China, European Union, Germany, Oceania, Vietnam, World
How deep is Vietnam’s rot?
Posted inAT Finance, Brunei, China, Japan, Malaysia, Mexico, Northeast Asia, Singapore, South Asia, Vietnam, World
Swing and another miss for TPP
Posted inAT Finance, Beijing, Cambodia, China, Vietnam