Sri Lanka’s new leftist government sticks within IMF ‘guard rails’
- The International Monetary Fund approved the third review of Sri Lanka's $2.9 billion bailout, releasing about $333 million, bringing total funding to around $1.3 billion.
- Sri Lanka must still complete a $12.5 billion debt restructuring with bondholders, aimed for December by President Anura Kumara Dissanayake.
- The IMF warns that maintaining macroeconomic stability and restoring debt sustainability are crucial for Sri Lanka's prosperity.
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Coverage Details
Total News Sources0
Leaning Left4Leaning Right2Center1Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
14%
R 29%
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