Sri Lanka – economic crisis – country ready to negotiate with IMF

Dire economic and political crises grip Sri Lanka; the country readies to negotiate with IMF.

The Rajapaksa Government faces the most significant street protest in Colombo against the economic and political crisis in Sri Lanka.  Although in a bid to resolve the crisis, the country’s central bank is expediting the debt restructuring process, the organization will also seek financial assistance from the IMF.