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Sri Lanka eyes $2.9 billion IMF loan finalised in December 2022

Sri Lanka expects the International Monetary Fund (IMF) Board to approve a $2.9 billion loan by year-end, according to a news report by Reuters.The IMF Board approval of the loan is expected by mid-December. From now until mid-November, the country aims to get financing assurances from public- and private-sector creditors.

Sri Lanka eyes $2.9 billion IMF loan finalised in December 2022

The Island
2022-09-26