Tag: Sri Lanka IMF agreement faces implementation risks: Fitch

May 03, 2016 (LBO) – Sri Lanka’s 1.5 billion US dollar three-year IMF programme eases near-term balance-of-payments risks but will require sustained commitment from the authorities to address long-standing weaknesses in external and public finances, Fitch Ratings said. The ratings agency said the IMF support therefore has no immediate impact on Sri Lanka’s ‘B+’/Negative sovereign […]