Economist warns IMF RFI too costly for Sri Lanka

Economic think tank Verité Research has cautioned that Sri Lanka’s move to seek emergency financing from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI) could prove costly in the current debt context, urging policymakers to weigh alternative funding options for post-cyclone recovery. In a detailed analysis shared on ‘X,’ Verité Research Executive Director Dr. Nishan de Mel, a critic of Sri Lanka’s handling of deb