Sri Lanka completing pre-requisites for IMF aid - President

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The story "Sri Lanka completing pre-requisites for IMF aid - President" was covered 1 months ago by Channel News Asia, a news publisher based in Singapore.

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Sri Lanka completing pre-requisites for IMF aid - President - Channel News Asia

Quick Summary:

COLOMBO :Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary Fund (IMF) and expects rapid approval from the global lender, President Ranil Wickremesinghe said on Saturday".

India, the third major creditor, agreed to support debt restructuring last month.

We expect to get their consent without delay," Wickremesinghe said in his address to the nation to mark the 75th Independence Day.