Monday, March 20, 2023

Sri Lanka secures $3B IMF bailout to help salvage bankrupt economy

SRI LANKA-CRISIS/IMF

The International Monetary Fund (IMF) said Monday that its executive board has approved a nearly $3 billion US ($4.1 billion Cdn) bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy.



source https://www.cbc.ca/news/world/sri-lanka-economy-imf-international-monetary-fund-bailout-1.6785045?cmp=rss

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