SL expects that the IMF loan will be approved before the end of this year

Date:

Sri Lanka is expecting a debt relief of 2.9 billion dollars from the International Monetary Fund to get rid of the dollar crisis and debt crisis it is facing. Several rounds of discussions were held over the course of several months.

Reuters reports that the Central Bank is expecting that the relevant loan amount will be approved before the end of this year.

Reuters reports that in a discussion held by the officials of the Central Bank with the investors yesterday, opinions have been expressed in this regard.

Share post:

spot_imgspot_img

Popular

More like this
Related

Gangaramaya Temple Project to Transform Colombo Into Cultural Hub

 Colombo’s iconic Gangaramaya Temple, a beacon of history, spirituality,...

Sri Lanka’s Electricity Overhaul: Cost-Reflective Tariffs Set for 2026

The Sri Lankan government has unveiled a transformative National...

India Steps In as Housing Crisis Tests Regional Ties

As Sri Lanka struggles to rebuild rural communities battered...

Colombo Port City Tests Economic Promise as 2026 Begins

As Sri Lanka enters 2026 with cautious economic optimism,...