Sri Lanka leans on IMF and China as crucial budget test looms

President Wickremesinghe faces growing public frustration ahead of elections

20231026 sl market

A market in Colombo on Oct. 20. Sri Lanka's government is due to present next year's budget in mid-November. © Reuters

MUNZA MUSHTAQ, Contributing writer

COLOMBO -- Sri Lanka's cash-strapped government is breathing slightly easier after a week that brought an agreement on more support from the International Monetary Fund and a promise of "no strings" help from China.

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