Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.
See also: ‘The Canary in the Coal Mine’: SriLanka’s Crisis is a Chronicle Foretold In order to obtain emergency loans from the IMF - released gradually in installments of 330 million dollars to ...
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