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International Monetary Fund

February 26, 2023
Diplomacy/Editorials

Challenging the IMF’s ‘China Card’: Why Sri Lanka Doesn’t Need to Choose Between China and the West

This is a prime opportunity for the IMF to prove its neutrality and humanity, despite being accused of playing politics on behalf of the West. The IMF has been criticized for its

Editorials/Sri Lanka Debt Cancellation/Sri Lanka Guardian Essays

Sri Lanka: IMF’s new Jamaica?

by Our Economic Affairs Correspondent “The IMF’s emphasis on fiscal austerity has proven to be misguided and has resulted in economic stagnation, high levels of unemployment, and increased poverty in many countries.” – Noam Chomsky Sri Lanka is eagerly anticipating

February 16, 2023

So Much Lying from the International Monetary Fund

Diplomacy/Sri Lanka Guardian Essays

Remarkably, during her visit to Ghana in late March 2023, US Vice President Kamala Harris announced that the US Treasury Department’s Office of Technical Assistance will

IMF’s Support for Sri Lanka: A Victory or a Curse?

Editorials

Editorial Comment The International Monetary Fund (IMF) has been a key player in providing financial assistance to many countries worldwide, including Sri Lanka. While

Debt restructuring, austerity and the IMF: a panacea or an exacerbation? — Final Part

August 30, 2023
Business

Link to part 5 Conclusive remarks The IMF programme needs to be used to negotiate debt restructuring with commercial and multilateral creditors. It would create space to spend on priorities such as

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IMF’s proposed measures may deepen the Sri Lankan debt crisis

July 14, 2023
Sri Lanka Guardian Essays

On July 1, Sri Lanka’s parliament approved, through a majority 122-62 vote, a plan to restructure the government’s domestic debt, which totalled 15.4 trillion Sri Lankan rupees at the end of March 2023.

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The Role of Alternative Financing Mechanisms to Address Sri Lanka’s Debt Overhang

June 19, 2023
Business/Sri Lanka Debt Cancellation

The common path followed by almost all IMF member countries in response to sovereign debt crises in recent decades,is to enter into an IMF supported stabilisation and structural adjustment programme. Sri Lanka

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So Much Lying from the International Monetary Fund

April 14, 2023
Diplomacy/Sri Lanka Guardian Essays

Remarkably, during her visit to Ghana in late March 2023, US Vice President Kamala Harris announced that the US Treasury Department’s Office of Technical Assistance will ‘deploy a full-time resident advisor in 2023 to

More

IMF urges tighter fiscal policy to help tame inflation

April 13, 2023
Business/Diplomacy/News

The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. “Amid high inflation, tightening financing conditions, and elevated debt, policymakers should

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Sri Lanka: Why This IMF Deal is a Disaster Waiting to Happen

March 28, 2023
Business/Columns/Politics

Sri Lanka’s seventeenth IMF agreement sealed last week may well prove to be the most devastating one of them all. The reason is that the agreement comes along with Sri Lanka having

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Sri Lanka’s Economic Incompetence: Don’t Blame the IMF

March 24, 2023
Business/Diplomacy

The IMF agreement is much more than the USD 3 billion that accompanies it. In the overall scheme of the country’s foreign debt (now estimated at around USD 48 Billion) and overall

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Sri Lanka: Chamber congratulates Government on securing IMF Bailout

March 21, 2023
Business/Sri Lanka Debt Cancellation

The Ceylon Chamber of Commerce congratulates the Government on securing the Extended Fund Facility (EFF) with the IMF. We appreciate the efforts of the Government led by the President, the Governor of

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IMF’s Support for Sri Lanka: A Victory or a Curse?

March 21, 2023
Editorials

Editorial Comment The International Monetary Fund (IMF) has been a key player in providing financial assistance to many countries worldwide, including Sri Lanka. While some may see this as a positive development,

More

Challenging the IMF’s ‘China Card’: Why Sri Lanka Doesn’t Need to Choose Between China and the West

February 26, 2023
Diplomacy/Editorials

This is a prime opportunity for the IMF to prove its neutrality and humanity, despite being accused of playing politics on behalf of the West. The IMF has been criticized for its

More
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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over a hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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