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IMF approves $213mn loan for Sri Lanka

Sep 25, 2010 6:01:07 PM - yahoo.com
The International Monetary Fund on Friday agreed to release around $213mn to Sri Lanka designed to top up the island’s dwindling foreign reserves. The IMF moves to repair battered finances had been “satisfactory” as it dished out the fifth instalment of a loan that now totals just under $1.3bn.