Sri Lankan President emphasizes legalizing IMF agreements for final economic recovery opportunity.
Sri Lankan President Ranil Wickremesinghe emphasizes the importance of legalizing IMF agreements to prevent reversing decisions after agreeing with the global lender. This is the country's final opportunity for economic recovery, he stated. Wickremesinghe's comments come after the IMF reached a staff-level agreement with Sri Lanka to access a $337 million tranche, out of the $3 billion bailout approved in 2023.
April 09, 2024
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