Colombo, Oct 5, 2026 (AFP) - IMF clears the way for Sri Lanka to draw $345 mn

NAMPA / AFP

2026-10-05

The International Monetary Fund said Monday it had reached a preliminary agreement with Sri Lanka that will allow it to access about $345 million from its $2.9 billion bailout programme. The Washington-based lender also warned that higher energy prices, the El Nino climate phenomenon and the Middle East conflict could threaten its economic recovery. The agreement marks the latest milestone in Sri Lanka's recovery from its worst economic crisis, w......

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