Krishna Srinivasan’s Address in Colombo in His Capacity as Director of Asia and Pacific Department, IMF, May 15, 2023
What does this challenging global environment mean for Sri Lanka?
Sri Lanka, as you know, has been facing a severe crisis (A) involving back-to-back economic shocks. We have been deeply concerned about the impact of the crisis on the Sri Lankan people, particularly the poor and vulnerable groups, and about the economic costs arising from the delay (B) in the country’s access to external financing.