Sri Lanka eyes December bailout, IMF says timing hard to predict

Colombo seeks one-stop shop for talks with creditors like China, India, Japan

20220929 sl rickshaws

Drivers push auto rickshaws in a line to buy fuel in Colombo in late July, during the country's economic crisis. The government has said it aims to finalize a $2.9 billion IMF bailout by December. © Reuters

MUNZA MUSHTAQ, Contributing writer

COLOMBO -- Sri Lanka's government appears increasingly upbeat about its chances of receiving International Monetary Fund board approval for a $2.9 billion bailout by December, but the multilateral lender has cautioned that the time frame remains uncertain, and much depends on discussions with the heavily indebted country's creditors.

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