COLOMBO: Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday (Nov 23).
COLOMBO: Sri Lanka 's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday .
"The authorities have committed to stay within the guardrails of the programme," IMF team leader Peter Breuer told reporters at the end of talks with the new government."Sustaining the reform momentum is critical to safeguarding the hard-won gains of the programme, and putting the economy on a path towards lasting recovery and stable and inclusive growth," Breuer added.
IMF Bailout Anura Kumara Dissanayake
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