logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

IMF to approve USD 2.9-bln bailout package for Sri Lanka: Central bank governor

By IBNS
Mar 19, 2023..

Colombo: Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country's "dollar crisis" is over, as the International Monetary Fund (IMF) is set to approve a 2.9 billion U.S. dollar bailout package for the country on Monday.


He said Sri Lanka will hence have adequate foreign reserves for imports for essential sectors, adding that the IMF package will boost investor sentiment and enhance the country's access to more foreign funds and investments.

The IMF package will include budgetary support to Sri Lanka's government, which is a new element in IMF lending, he said.

Sri Lanka started related negotiations with the international lender in 2022 after the South Asian country was hit by a severe economic crisis.

(With UNI inputs)
 

Leave a Reply
Post comment
Related News
Two Chinese nationals charged with conspiracy, smuggling a dangerous biological pathogen into US
Jun 6, 2025 ..
Taipei: 3000 gather to mark 1989 Tiananmen Square Massacre
Jun 6, 2025 ..
World leaders should keep two-state solution ‘alive’, urges Antonio Guterres
Jun 6, 2025 ..
Australia: 21-year-old injured in targeted shooting in Queensland
Jun 6, 2025 ..
Trump in Epstein files, he should be impeached: Friend-turned-foe Elon Musk 'drops big bomb'
Jun 6, 2025 ..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved