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Sri Lanka’s central bank ready to adopt IMF program within March

COLOMBO, March 3 (Xinhua) — The Central Bank of Sri Lanka (CBSL) said on Friday that it was ready to adopt the International Monetary Fund (IMF) program within March 2023.

CBSL Governor Nandalal Weerasinghe told a press conference that the CBSL and the IMF have been engaging continuously in intensive negotiations on the monetary policy stance amid extraordinarily high inflation and a high degree of uncertainty