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Sri Lanka IMF

Sri Lanka Leader Says IMF Deal Imminent After China’s Pledge
March 07, 2023

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
February 15, 2023

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
December 28, 2022

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
October 04, 2022

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
July 25, 2022

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?
July 11, 2022

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
July 03, 2022

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
May 04, 2022

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?
April 27, 2022

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.

Sri Lankan Leader Seeks IMF Help as Economic Crisis Deepens
March 17, 2022

Sri Lankan Leader Seeks IMF Help as Economic Crisis Deepens

By Krishan Francis
The government had resisted dealing with the IMF, claiming that this would undermine the country's interests. Its latest decision marks a policy shift.

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