IMF approves US$206mn emergency loan for Sri Lanka
RFI approval comes after Sri Lanka requested it following the disaster
RFI approval comes after Sri Lanka requested it following the disaster
In a detailed statement, Evan Papageorgiou, IMF Mission Chief for Sri Lanka, said the IMF's emergency support is intended to help Sri Lanka confront urgent balance of payments needs and fiscal pressures triggered by the disaster-an intervention designed to stabilize the country's near-term financing position as the full scale of losses continues to emerge."The IMF's emergency support will help Sri Lanka address…
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