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Sri Lanka Economic Crisis: IMF announces USD 2.9 Billion Bailout for Ailing Economy

Published on: Thursday 01 September 2022

Sri Lanka Economic Crisis: IMF announces USD 2.9 Billion Bailout for Ailing Economy Sri Lanka Economic Crisis: After weeks of uncertainty and negotiations, IMF has approved a bailout loan of USD 2.9 billion to Sri Lanka to help revive its ailing economy. The key objective of IMF’s Bailout Deal for Sri Lanka is to restore



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