'Only option to emerge from crisis is…' Sri Lanka President on economic collapse2 min read . Updated: 15 Jan 2023, 07:04 AM IST
- The IMF bailout has been put on a halt as Sri Lanka pursues talks with creditors to meet the global lender’s condition for the facility
Crisis-hit Sri Lanka has continued to ask for financial support from major economies and institutions like IMF. Recently, Sri Lankan President Ranil Wickremesinghe said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund.
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