Leftist Sri Lanka leader stuck with painful IMF deal: analysts

Leftist Sri Lanka leader stuck with painful IMF deal: analysts …C0NTINUE READING HERE >>>

A woman buys groceries at a market in Colombo.
Photo: Idrees MOHAMMED / AFP
Source: AFP

Sri Lanka’s new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say.

Anura Kumara Dissanayake, 55, was a vocal critic of global lenders from the fringes of the island nation’s politics, including in the aftermath of Sri Lanka’s unprecedented economic meltdown two years ago.

He…

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