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Sri Lanka IMF bailout

How Is Sri Lanka Navigating Its IMF Bailout Program?

How Is Sri Lanka Navigating Its IMF Bailout Program?

By Tharindu Udayanga Kamburawala
Examining Sri Lanka’s approach to fiscal targets and SOE reforms amid continued economic turbulence.

Is Transformation Possible in Sri Lanka?

Is Transformation Possible in Sri Lanka?

By Bhavani Fonseka
One year after the protests that ousted Sri Lanka’s president and government, reforms remain elusive and the national crisis is far from over.
IMF’s Package to Sri Lanka Includes Corruption Fixing

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?

What’s in the IMF’s New Extended Fund Facility Arrangement for Sri Lanka? 

What’s in the IMF’s New Extended Fund Facility Arrangement for Sri Lanka? 

By Michael Iveson
The IMF’s $2.9 billion EFF program lays out major structural reforms required to restore long-term macroeconomic stability in Sri Lanka. 

IMF to Assess Sri Lankan Governance as Part of $3 Billion Bailout

IMF to Assess Sri Lankan Governance as Part of $3 Billion Bailout

By Krishan Francis
The country has the dubious distinction of being the first Asian country to face scrutiny for corruption as part of a bailout program.

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

Sri Lankan State Workers Strike, Protesting High Taxes

Sri Lankan State Workers Strike, Protesting High Taxes

By Krishan Francis
The government says it was compelled to raise taxes to strengthen state revenue, a key prerequisite to unlocking the $2.9 billion IMF package.

In Sri Lanka, Opposition Parties Allege a Secret CIA Visit

In Sri Lanka, Opposition Parties Allege a Secret CIA Visit

By Uditha Devapriya
Sri Lanka hosted two high-level delegations from the U.S. in February – including one that opposition parties say was cover for a secret mission by the head of the CIA.
China Expresses Support for Sri Lanka Ahead of Debt Meeting

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.

Sri Lankan Leader Appeals for Patience Amid Economic Crisis

Sri Lankan Leader Appeals for Patience Amid Economic Crisis

By Krishan Francis
Government doctors, university teachers, and other workers from ports and the power and petroleum sectors are calling on the government to lower income taxes.

To Please the IMF, Sri Lanka is Cutting Troop Numbers

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.

Demystifying China’s Role in Sri Lanka’s Debt Restructuring

Demystifying China’s Role in Sri Lanka’s Debt Restructuring

By Umesh Moramudali and Thilina Panduwawala
Sri Lanka’s debt restructuring is deeply embedded both within a global emerging market debt crisis and a moment of rethinking within China about its global role as a creditor. 
Sri Lanka’s IMF Saga

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.

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