Sri Lanka’s new government accepts controversial debt relief agreement with IMF

Sri Lanka’s new government accepts controversial debt relief agreement with IMF

Sri Lanka’s new left-wing government is now accepting without compromise the controversial agreement with the International Monetary Fund (IMF) to restructure the country’s debt. The Finance Ministry in Colombo announced on Saturday that the agreement would be implemented as promised by the previous government. Now the Sri Lankan parliament still has to give its consent. … Read more