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Business Matters: Sri Lanka secures a $2.9bn bailout by the IMF

21/03/2023 GMT

Sri Lanka secures a $2.9bn bailout by the IMF

BBC World Service - Business Matters, Sri Lanka secures a $2.9bn bailout by the IMF

The International Monetary Fund have agreed on a $2.9bn bailout for Sri Lanka

Sri Lanka has secured a $2.9bn bailout from the International Monetary Fund as it faces its worst economic and social crisis since independence.

The IMF have agreed on a $2.9bn bailout for Sri Lanka to help the country restructure its debts. This comes as it faces its worst economic crisis since independence.

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