Sri Lanka's president makes U-turn on IMF bailout

By Yahoo! Finance   |   1 year ago
Sri Lanka's president makes U-turn on IMF bailout

Sri Lanka's new president, Anura Kumara Dissanayake, has decided to uphold the IMF bailout despite previous promises to renegotiate. The $2.9 billion loan requires economic reforms, and Dissanayake aims to stabilize the fragile economy without risking further shocks.

Read More

Did you find this insightful?