Washington, Feb 28, 2025 (AFP) - IMF board approves $330 mn payout for Sri Lanka

NAMPA / AFP

2025-02-28

Sri Lanka's leftist president received a boost from Washington on Friday, with the International Monetary Fund greenlighting a roughly $330 million payout under an existing loan agreement. The IMF board approved the latest review of an existing four-year loan agreement, noting in a statement that Sri Lanka's program performance "has been strong," and that almost all quantitative targets had been met. The board's approval gives Sri Lanka "immedi......

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