💨 Abstract

Sri Lanka's newly elected president, Anura Kumara Dissanayake, faces a challenging conundrum as he attempts to balance promises to aid the nation's poor with the need to secure funding from the International Monetary Fund. Dissanayake, a Marxist-leaning firebrand, seeks to rework the IMF bailout and change the way debt sustainability is determined, which could delay new funding and force debt renegotiations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖