If Sri Lanka misses the December target, which now appears to be bit of a stretch, the country could still activate the International Monetary Fund (IMF) rescue package to unlock US$ 2.9 billion over a four-year span as very good progress is being made in the debt restructuring front, particularly with the country’s bilateral lenders.
![](https://bmkltsly13vb.compat.objectstorage.ap-singapore-1.oraclecloud.com/cdn.sg.dailymirror.lk/assets/uploads/image_7f96e445c5.jpg)
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