IMF said it had reached a “staff-level agreement” with Sri Lankan authorities to support Colombo’s economic policies with a four-year arrangement under the Extended Fund Facility (EFF) of about $2.9 billion
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Relief for Sri Lanka; IMF agrees to lend $2.9mn to debt-ridden island amid economic crisis
The IMF agreed to provide debt-ridden Sri Lanka with $2.9 billion over four years to help salvage the country from its worst economic crisis.
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