Sri Lanka's president makes U-turn on IMF bailout
SRI
COLOMBO: Sri Lanka's new leader on Thursday (Nov 21) backed a controversial International Monetary Fund (IMF) bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor . Leftist 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 to maintain the IMF programme. Sri Lanka went to the IMF for a rescue package after the country
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