Sri Lanka’s Cabraal challenges IMF ‘conventional wisdom’
Governor believes IMF recommendations do not fit Sri Lanka
The governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal, has challenged the International Monetary Fund's (IMF) recommendations for the country, saying "conventional wisdom" is not applicable to Sri Lanka's unique case.
In an article posted to the central bank's website, Cabraal said Sri Lanka had faced "daunting" challenges in 2009, as the economy was battered by the financial crisis just as it was attempting to recover from a civil war in the north of the country.
The IMF agreed a
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