Sri Lanka's election-year budget straddles line between IMF and voters

2024 plan praised for 'sticking to reform,' criticized for apparent contradictions

20231114 wickremesinghe

Sri Lankan President Ranil Wickremesinghe, who doubles as finance minister, presents the 2024 budget to Parliament in Colombo on Nov. 13. (President Media/handout via Reuters)

MUNZA MUSHTAQ, Contributing writer

COLOMBO -- Sri Lankan President Ranil Wickremesinghe has laid out the bankrupt country's budget for 2024, drawing mixed reviews as he strives to meet the demands of an International Monetary Fund bailout program without sowing further public resentment ahead of expected elections.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.