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Tag: sri lanka imf crisis

Bankrupt Sri Lankas Full Economic Recovery Not Yet Assured International Monetary Fund

Posted on September 27, 2023 By admin
Bankrupt Sri Lankas Full Economic Recovery Not Yet Assured International Monetary Fund

“Despite early signs of stabilisation, full economic recovery is not yet assured,” the IMF said. Colombo: Bankrupt Sri Lanka’s economic recovery was “not yet assured”, the International Monetary Fund warned Wednesday, after the first review of its $2.9 billion bailout aimed at restoring the island’s finances. The Washington-based lender of last resort said Sri Lanka…

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