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IMF Approves Sri Lanka's $2.9 Billion Bailout

Vendors sell vegetables at the market on March 21, 2023, in Colombo, Sri Lanka. The Executive Board of the International Monetary Fund (IMF) has approved the Extended Fund Facility for Sri Lanka. Sri Lanka's president has said that the International Monetary Fund (IMF) has approved its request for a $2.9 billion bailout, and the country's presidency said the program will enable it to access up to $7 billion in overall funding. The IMF's board confirmed it has signed off on the loan, which clears the way for the release of funds and kicks off a four-year program designed to shore up the country's economy. (Photo by Thilina Kaluthotage/NurPhoto)

Photo Details

Photo ID	#9783194
Date Taken	21 March 2023
Location	N/A
Photographer	Thilina Kaluthotage/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Thilina Kaluthotage/NurPhoto

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NurPhoto General news Colombo - Sri Lanka March 21 2023 21th March 2023 Economy Sri Lanka Economy Business and Finance Inflation Price Hike of Price

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