Will a $3bn bailout be enough for Sri Lanka?
FT News Briefing
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Intro
This chapter explores the $3 billion bailout approved by the IMF for Sri Lanka amid its economic crisis, driven by mismanagement and external influences. Experts assess the bailout's limitations and the importance of financial restructuring, while also considering the implications of the UBS acquisition of Credit Suisse for risky bond holders.
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Transcript
