Have no fear the IMF is here?

Sri Lanka has finally reached a long-awaited staff level agreement with the IMF to enter into a 2.9 billion dollar Extended Fund Facility (EFF) program. What does this mean and what happens next? This week on The Doghouse, Watchdog's resident economist Umesh Moramudali, takes us through the next steps vis a vis debt restructuring and economic reforms. We're also talking about the government's interim budget and the recently announced import restrictions. How do these measures track with an IMF sponsored reform agenda? Find our extensive coverage of the economic crisis in Sri Lanka at www.longform.watchdog.team Download the Watchdog App for Android! Music - Cantina Rag by Jackson F. Smith is licensed under a Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License.