Sri Lanka Fails IMF Review, Future Aid in Doubt as Reforms and Revenue Issues Persist
-
Sri Lanka failed its first IMF review and there is no timeline for further aid disbursement
-
The IMF said Sri Lanka has made progress on reforms but economic recovery is not yet in sight
-
The IMF wants Sri Lanka to boost revenues through tax administration reforms and removing exemptions
-
Critics say the IMF should have pushed harder for expenditure cuts by the government
-
Sri Lanka's debt restructuring progress and ties with China will be key for IMF deal
![](https://www.ft.com/__origami/service/image/v2/images/raw/https%253A%252F%252Fcms-image-bucket-production-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%252Fimages%252F9%252F8%252F9%252F0%252F46600989-3-eng-GB%252FCropped-1695821194AP23270292946545.jpg?width=1260&height=630&fit=cover&gravity=faces&source=nar-cms)