IMF holds talks in Sri Lanka as cabinet moves to cut president’s powers
By Uditha Jayasinghe COLOMBO (Reuters) -An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country’s cabinet cleared a constitutional amendment to dilute presidential powers that could assuage protesters amid rising tensions. Economic mismanagement and the COVID-19 pandemic have left Sri Lanka battling its worst financial problems in seven …
IMF holds talks in Sri Lanka as cabinet moves to cut president’s powers Read More »









