Mideast war imperils Sri Lanka's economic recovery: IMF
Israel
The warning came as the IMF approved a further US$695 million bailout instalment under Sri Lanka’s US$2.9 billion recovery programme. WASHINGTON: Sri Lanka's recovery from its worst economic meltdown is under threat from the effects of the Middle East war , the International Monetary Fund said Thursday (May 28), a day after granting a US$695-million bailout instalment. Tough economic reforms since Sri Lanka's sovereign default in 2022 have placed the country in a better position, IMF mission
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