Category: Top Stories/Breaking News
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Nasheed calls for help for Sri Lanka IMF obligations
Former Maldive’s President Nasheed: When Sri Lanka faced its financial crisis in 2022, the IMF approved a 4‑year Extended Fund Facility after months of negotiation. Yet the Debt Sustainability Analysis (DSA) failed to account for climate shocks. With recent climate calamities, it is now impossible for Sri Lanka to stay aligned with the IMF programme.The…