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Debt-ridden Sri Lanka reach staff level agreement for USD 2.9 million deal with IMF

Washington [US], September 1 (ANI): International Monetary Fund (IMF) staff and debt-ridden Sri Lankan authorities on Thursday reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about USD 2.9 billion.
IMF mission led by Peter Breuer and Masahiro Nozaki visited Colombo from August 24 to September 1, 2022, to continue discussions on