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Sri Lanka IMF
Sri Lanka’s Many IMF Programs: What’s Changed and What Hasn’t
By Tharindu Udayanga Kamburawala
Comparing the similarities and differences in Sri Lanka’s five latest agreements with the IMF highlights the country’s economic trajectory since 2001.
Sri Lanka’s Proposed Anti-terror Law Makes Dissent an Act of Terror
By Rathindra Kuruwita
The government is arming itself with a law to crush mass protests and strikes aimed at opposing its economic policies and IMF austerity measures.
IMF’s Package to Sri Lanka Includes Corruption Fixing
By Rathindra Kuruwita
But is the governance diagnostic exercise just another tool to legitimize its austerity measures?
Sri Lanka Leader Says IMF Deal Imminent After China’s Pledge
By Krishan Francis
With Beijing extending debt restructuring assurances, the last obstacle in the way of Sri Lanka securing the bailout deal has been removed.
China Expresses Support for Sri Lanka Ahead of Debt Meeting
By Joe McDonald and Bharatha Mallawarachi
Beijing is resisting cuts to Sri Lanka's debts for fear other borrowers will want similar relief.
To Please the IMF, Sri Lanka is Cutting Troop Numbers
By Rathindra Kuruwita
Instead, it should retrain its soldiers and redeploy them in policing, peacekeeping, and disaster rescue and relief roles.
Sri Lanka’s IMF Saga
By Soumya Bhowmick
Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails.
Rocky Road Ahead for Ranil Wickremesinghe
By Rathindra Kuruwita
The recently elected Sri Lankan president has started badly, by using troops to forcibly vacate protest sites in Colombo.
Gotabaya Rajapaksa Is Finally Resigning. What’s Next for Sri Lanka?
By Rathindra Kuruwita
The country needs a credible government that enjoys legitimacy in the eyes of the people. Forming one will be a herculean task.
Amid Shortages and Turmoil, Sri Lanka Grinds to a Halt
By M.R. Narayan Swamy
Sri Lankan economists warn that the country could face a famine-like situation in a few months.
Sri Lanka Is on the Brink of Bankruptcy
By Bharatha Mallawarachi
The island's usable foreign reserves are now down to less than $50 million.
Will Sri Lanka’s IMF Gamble Work?
By Rathindra Kuruwita
Implementing the IMF’s recommendations will be a daunting task for the Rajapaksa government as it will be resisted by the masses, opposition parties, and trade unions.
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