The International Monetary Fund (IMF) had granted a bailout of $3 billion to Sri Lanka in March this year. The IMF had imposed nine conditions for agreeing to the bailout. Next month, the global lender will conduct its first review -- before the next tranche of funds under the bailout are released.
What are the conditions that Sri Lanka has to fulfil? What has been the public response to the austerity measures that the government has had to initiate? And what success has Sri Lanka had in restructuring its bilateral debt, especially with lenders such as China?
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