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  • Sri Lanka’s Debt Deepens as IMF Rescue Falls Short of Expectations

    Sri Lanka’s Debt Deepens as IMF Rescue Falls Short of Expectations

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    Colombo, Sri Lanka – Nearly four years after Sri Lanka entered into its much-publicised International Monetary Fund (IMF) programme, fresh data on public debt and foreign exchange reserves point to an increasingly precarious economic position, raising serious questions about the effectiveness and outcomes of the reform agenda. According to an analysis of official figures, by

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