Sri Lanka’s Struggle to Increase Public Investment Highlights Restriction of Economic Sovereignty by IMF

On 17 February 2025, Sri Lanka’s Anura Kumara Dissanayake delivered his maiden budget speech. Dissanayake, who is both president and finance minister, stated that the budget was based on principles of productive growth, active public engagement, and equitable distribution. This much-anticipated budget is the first since the country held presidential and parliamentary elections in late [...]