Sri Lanka: IMF Loan Risks Eroding Rights

By Human Rights Watch

Click to expand Image Vendors wait for customers at the Peliyagoda Wholesale Market, Sri Lanka, March 23, 2023. © 2023 Pradeep Dambarage/NurPhoto via AP (Washington, DC) – The government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability, Human Rights Watch said today. On March 20, 2023, the International Monetary Fund (IMF) approved a US$3 billion loan to Sri Lanka to help resolve the spiraling economic crisis that began after Sri Lanka defaulted on its debt in April 2022. The…

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