[Bigiron]

IMF approves Sri Lanka's $2.9bn bailout

President vows to get economy back on track through ‘prudent fiscal management and ambitious reform agenda’The International Monetary Fund has approved Sri Lanka’s request for a $2.9bn bailout, raising hopes for an easing of its economic crisis.The IMF’s board confirmed it had signed off on the loan, clearing the way for the release of funds and kicking off a four-year programme designed to shore up the economy. Continue reading...

https://www.theguardian.com/world/2023/m...bn-bailout

#World_news #Sri_Lanka #Economic_policy

[red3]

The people are saved