Sri Lanka: IMF approves third review of a $ 2.9 bn bailout, but warns of risks ahead
Virendra Pandit New Delhi: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s USD 2.9 billion bailout package on Saturday but warned that the South Asian nation’s economy remains vulnerable, the media reported. Cash-strapped Sri Lanka plunged into a severe financial crisis in 2022, the worst since its independence from the […]