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Reuters

Business

By Marc Jones and Uditha Jayasinghe

Sri Lanka has an IMF deal, now it courts China and India

International Monetary Fund Sri Lanka China India Fund Japan Gotabaya Rajapaksa Ranil Wickremesinghe

FILE PHOTO: Protesters shout slogans at an anti-government rally, amid the country's economic crisis, in Colombo, Sri Lanka, August 6, 2022. REUTERS/Kim Kyung-Hoon/File Photo

(Corrects paragraph 30 to show Center for Financial Stability is based in New York, not London)

LONDON/COLOMBO (Reuters) - Sri Lanka's International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but far-from-stable politics and a need to get debt relief from competing powers China, India and Japan means some of the hardest work is still to come.

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