The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington. Photo: Reuters
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington. Photo: Reuters
Sri Lanka

After China, India aid, is IMF help Sri Lanka’s best hope as Rajapaksa battles worst economic crisis since independence?

  • Before reversing course and asking the IMF for help, Sri Lanka already approached China and India for billions in credit
  • A slide in foreign exchange reserves has left Sri Lanka struggling to pay for essential imports, including food and fuel, leading to growing unrest

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington. Photo: Reuters
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington. Photo: Reuters
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