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BREAKING: IMF announces bailout package for Sri Lanka

Sri Lanka Crisis: The International Monetary Fund (IMF) has announced a $2.9 billion bailout package for crisis-hit Sri Lanka. IMF officials carried out extensive discussions with their counterparts in the Sri Lanka government before announcing the agreement on Thursday. Also Read :- Wikileak’s founder Julian Assange files appeal against extradition to USA “IMF staff and […]

Edited By : Ajeyo | Updated: Sep 2, 2022 13:42 IST
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Sri Lanka Crisis: The International Monetary Fund (IMF) has announced a $2.9 billion bailout package for crisis-hit Sri Lanka.

IMF officials carried out extensive discussions with their counterparts in the Sri Lanka government before announcing the agreement on Thursday.

Also Read :- Wikileak’s founder Julian Assange files appeal against extradition to USA

“IMF staff and Sri Lankan government officials have reached a staff-level agreement to support the country’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about $2.9 billion,” the IMF tweeted.

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First published on: Sep 01, 2022 11:17 AM IST

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