The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a statement, the global lender said it would release about $333 million,

The International Monetary Fund will have close discussions with Sri Lanka on the budget for 2025, Senior Mission Chief Peter Breuer said after striking a staff level agreement on the next phase of the program.

The International Monetary Fund has approved the third review of Sri Lanka's $2.9 billion bailout, providing an additional $333 million in funding. Despite signs of economic recovery, the IMF warns that the country's economy remains vulnerable.

The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.