Lanka's pres backs IMF bailout, contradictory to pledge

3 weeks ago

Sri Lanka's new leader has backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. President Anura Kumara Dissanayake, who tightened his grip on power last week after winning a huge majority in the legislature following his own victory in September, vowed on Thursday to maintain the IMF programme. Sri Lanka went