Sri Lanka: Life after an economic crisis
Business Daily
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The IMF Program Could Bring in $2.9 Billion Over Four Years to Sri Lanka
Sri Lanka needs financial assurance from creditors that they will work towards debt restructuring. If we get this financial assurance, that gives the IMF board enough comfort to approve what's called the extended fund facility. That could bring in about $2.9 billion over four years to the country. And more importantly, I think an IMF program as well as probably a program from the World Bank and the Asian Development Bank could raise about three or four billion additional dollars for Sri Lanka.
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