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Is the IMF loan to Sri Lanka a saviour or a band-aid?
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World
Is the IMF loan to Sri Lanka a saviour or a band-aid?
Sri Lanka has struck a deal with the International Monetary Fund. It's meant to set out a path to help the country escape its worst economic crisis since independence. The IMF will provide $2.9B over the next four years to help it pay back its creditors. Most of the money is owed to India and China. Ahilan Kadirgama from the University of Jaffna explains. #SriLanka #IMF #bailout
September 1, 2022
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