Sri Lanka: IMF loan programs makes life harder

This five-minute video features Shanthi, a woman living in Sri Lanka who is struggling to cope with both the economic crisis in the country and the loan conditions attached to a $3 billion bailout from the IMF that increased the cost of fuel and electricity and doubled value-added taxes. Sri Lanka, which defaulted on its debt last year, is the canary in the coalmine as dozens of governments are in or near debt distress, according to the IMF.