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Last Updated : 2023-09-26 01:08:00
Tue, 26 Sep 2023 Today's Paper
4 June 2016 09:53 am - 7 - {{hitsCtrl.values.hits}}
The International Monetary Fund's (IMF) executive board has approved a three-year $1.5 billion loan to support Sri Lanka's economic reform agenda, the global lender said on Saturday.
"The arrangement aims to meet balance of payments needs arising from a deteriorating external environment and pressures that may persist until macroeconomic policies can be adjusted," the IMF said in a statement.
The decision will enable an immediate disbursement of $168.1 million and the remainder will be available in six instalments subject to quarterly reviews, the global lender said.(Reuters)
Yuri Saturday, 04 June 2016 01:54 PM
is this to pay the interest of the previous Regime Loan !
Unchikuni Saturday, 04 June 2016 02:23 PM
Hello Weerawansa! You have to look for that plug now.
gobbaya Saturday, 04 June 2016 02:28 PM
get ready to have more bitterer pills via DM Android App
Cheers Saturday, 04 June 2016 02:59 PM
So this government is putting Sri Lanka back in to serious debt and who pays the bill poor citizens
JeffK Sunday, 05 June 2016 08:39 AM
Here is the reason for recent tax hikes. Thank you Ranil-Mayithree.
Anil Sunday, 05 June 2016 08:43 AM
All credit to our HE Finance minister. Congratulations sir!
jeers Sunday, 05 June 2016 09:22 AM
Of course, but first we have to finish paying MR's loans.
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