Sri Lanka receives first tranche of International Monetary Fund bailout | The World
Автор: ABC News (Australia)
Загружено: 2023-03-23
Просмотров: 8011
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Sri Lanka has secured a $3 billion bailout from the International Monetary Fund, as the country grapples with its worst economic crisis since independence. The pandemic, rising energy prices, tax cuts and high inflation have all taken a toll on the economy, leaving many Sri Lankans unable to afford many everyday items. Dr Paikiasothy Saravanamuttu from the Centre for Policy Alternatives tells The World the first tranche of funds will arrive soon after a debt restructuring plan is agreed upon.
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