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Only the staff agreement has come! The management and executive boards of the IMF approval needed to release funds! Reuters reports! Sri Lanka Latest News

October 20, 2023
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Only the staff agreement has come! The management and executive boards of the IMF approval needed to release funds! Reuters reports! Sri Lanka Latest News
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Yesterday (19) received its staff-level approval for the second tranche of the $2.9 billion Extended Credit Facility agreed by the International Monetary Fund.Sri Lanka Latest News

Accordingly, 330 million dollars will be released by the International Monetary Fund.

But for that, the approval of the Management and Executive Board of the International Monetary Fund must be obtained.

(Source – Reuters)

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