Tag Archives: Sri Lanka: IMF commends performance and approves loan By Charles Haviland

Sri Lanka: IMF commends performance and approves loan By Charles Haviland

The International Monetary Fund (IMF) has strongly praised Sri Lanka's macro-economic performance. The lending institution says the economy appears to have fundamental strengths. It has also approved another tranche of a $2.6bn (£1.6bn) loan. The organisation backed the latest instalment of the loan – nearly $200m dollars – intending it to help the country recover from its war and from …

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