IMF writes to new Sri Lankan president as ‘renegotiation’ looms
The International Monetary Fund (IMF) has written to Sri Lanka’s new president, stating it looked forward to working with Anura Dissanayake “towards building on the hard-won gains that have helped put Sri Lanka on a path to economic recovery."
The letter from the global body comes as Dissanayake pledged to “renegotiate” a US $3 billion bailout loan that Sri Lanka heavily relies on in the wake of a devastating economic crisis.