What was the response to Sri Lanka going to the IMF after bankruptcy?

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What was the response to Sri Lanka going to the IMF after bankruptcy?


On January 12, 2022, Sri Lanka announced that it would not go to the International Monetary Fund (IMF) to improve the country’s economy, but would seek new loans from China. About 4 months later, Sri Lanka became economically bankrupt for the first time in history. In January, Central Bank of Sri Lanka Governor Ajit Neward said that the IMF is not a magic wand, instead, we intend to take another loan from China.

Sri Lanka News: Sri Lanka faces deepening crisis, could go bankrupt this  year - The Economic Times

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