December bailout not certain-IMF…


The IMF has warned that the time frame for the bailout could not be predicted at this point of time .

The government is expecting to have the $2.9 billion bailout by December, but the time frame will depend on the response of the creditors. Peter Breuer, IMF senior mission chief for Sri Lanka, said, “It is difficult to predict the timeline, as the process of debt relief discussions takes time. All parties who are involved in the process should move expeditiously, so that Sri Lanka can emerge from the crisis as quickly as possible.” To Niikai Japan


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