COLOMBO: Sri Lanka's new leader on Thursday (Nov 21) backed a controversial International Monetary Fund (IMF) bailout, marking a U-turn from his election pledge to renegotiate the

Channel News Asia

Singapore

Sri Lanka's president makes U-turn on IMF bailout

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Government of Singapore

Dissanayake rules out negotiations with lender as economy has "no room to make mistakes”.

Dawn

Dawn Media Group

Pakistan

Sri Lanka’s president makes U-turn on IMF bailout

Leftist President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed to maintain the IMF programme

Firstpost News

Mukesh Ambani

Mumbai

Maharashtra

India

Sri Lanka’s Dissanayake won’t renegotiate IMF bailout deal, a U-turn from election promise

Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Dissanayake's National People's Power party had said it did not agree with the International Monetary Fund's debt assessment and would renegotiate the bailout programme.

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Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Leftist President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed to

FOX 28 Spokane

Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Leftist President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed to maintain the IMF programme. The $2.9 billion loan secured early last year required Colombo to sharpl…

Macau Business

Sri Lanka’s newly elected President Anura Kumara Dissanayake has announced his support for the International Monetary Fund (IMF) bailout programme, reversing his earlier campaign pledge to renegotiate the deal. This shift reflects the dire state of the country’s economy and… The post Sri Lanka’s President Endorses IMF Bailout, Shifts Stance on Economic Recovery appeared first on The Asia Live.

theasialive.com

Sri Lanka's President Endorses IMF Bailout, Shifts Stance on Economic Recovery

The $2.9 billion loan secured early last year required Colombo to sharply raise taxes, remove generous energy subsidies and agree to restructure more than 50 loss-making state enterprises.

Sri Lanka's president makes U-turn on IMF bailout

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