gone up from 4% to a.25% which is the highest its been since the peak of the global finance crisis in late 2008. and it s a similar picture in other parts of the world withjordan, norway, the philippines, taiwan and switzerland also increasing the cost of borrowing today for similar reasons. and all of them are following the us federal reserve which increased rates by 0.25% on wednesday despite the turmoil in the banking sector there. more on our website and you can keep up more on our website and you can keep up with the latest business news live, seven days a week and 2a hours a day. more now on sri lanka as we were reporting earlier this week it secured a $3bn bailout from the international monetary fund as it faces its worst economic crisis since independence. the deal is being seen as a lifeline for the country but it comes with a set of pre conditions and concerns are mounting the plan will not help. from colombo, archana shukla reports.