Get latest articles and stories on World at LatestLY. Sri Lanka Prime Minister Dinesh Gunawardena on Thursday said the reaching of the staff-level agreement with the IMF for a USD 2.9 billion bailout was an "important milestone" in the attempt to revive the country's economy which is faced with a deep recession. World News | Sri Lanka PM Gunawardena Hails IMF Agreement; Says Committed to Reforms.