IMF Approves Sri Lanka's Second Bailout Review
The International Monetary Fund has approved the second review of Sri Lanka's $2.9 billion bailout. This approval, announced by Foreign Affairs Minister Ali Sabry on social media, will release approximately $337 million to aid the country in its journey back to economic growth.
The International Monetary Fund approved the second review of Sri Lanka's $2.9 billion bailout, the country's Minister of Foreign Affairs Ali Sabry said in a post on social media platform X on Wednesday.
The approval will pave the way for the release of about $337 million to help the crisis-hit country return to growth.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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