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Posts tagged as “economsit”

IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics

By Swati Bhat and Uditha Jayasinghe in Reuters, Mar 22, 2023MUMBAI, March 21 (Reuters) – Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a senior economist at Moody’s Analytics told Reuters on Tuesday. Moody’s Analytics is independent of Moody’s Investors Service, the rating agency. The International Monetary Fund (IMF) approved a nearly $3 billion bailout for Sri Lanka on Monday and the country’s…