IMF bailout programme mandates structural adjustments for Sri Lanka.
1 report, 1 independent
Updated Jun 23
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What happened
IMF bailout programme mandates structural adjustments for Sri Lanka.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The government of Sri Lanka is pursuing structural reforms as part of the ongoing program with the International Monetary Fund.Sub-event
IMF mandates structural adjustments as part of a bailout program for Sri Lanka.1 source
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The entities involved
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International Monetary Fund
international financial institution
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Sri Lanka
island country in South Asia
Related events
- IMF support for Sri Lanka is conditional on the country maintaining fiscal discipline.
- Sri Lanka is currently under an IMF bailout program, and the ADB, a Manila-based multilateral lender, projects slower economic growth and higher inflation.
- Sri Lanka's economy is currently dependent on market demand from North America and Europe, while the IMF bailout programme assists with financial restructuring.
- The central bank of Sri Lanka is adjusting interest rates and undergoing external debt restructuring as part of the IMF programme.
- Sri Lanka works with the International Monetary Fund under a bailout programme.