Home » IMF gives USD 2.9 billion loan to Sri Lanka

IMF gives USD 2.9 billion loan to Sri Lanka

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The International Monetary Fund (IMF) and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka's economic policies, the IMF officially announced a short while ago.

Accordingly, Sri Lanka will receive USD 2.9 billion under the Extended Fund Facility (EFF) with a 48-month arrangement.

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