Sri Lanka secures US$1.5bn from IMF
The International Monetary Fund (IMF) today announced that it would support Sri Lanka with a US$1.5 bn three-year Extended Fund Facility (EFF) comprising of 185 percent of Sri Lanka’s quota in the IMF (about SDR 1.1 billion or US$1.5 billion). However, this agreement will be subject to completion of prior actions and approval by the IMF’s
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