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Sri Lanka to get first tranche of $2 9bn bailout in two days: IMF

Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days - Adaderana Biz English

Reuters – Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped country to rein in its debt to sustainable levels. Economic mismanagement coupled with the impact of the COVID-19 pandemic left Sri.

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