IMF announces Sri Lanka programme aimed at island’s economic recovery
Representational image only. | Photo Credit: Reuters The International Monetary Fund (IMF) on March 21 cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka, potentially unlocking more loans for the debt-ridden island nation, struggling to recover from last year’s economic meltdown. “The objectives of the EFF-supported programme are to restore macroeconomic stability and … Read more