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Another IMF programme already on the cards upon completion of ongoing one

Sri Lanka is likely to go for another International Monetary Fund (IMF) programme after the end of the current four-year programme, to continue with the structural and institutional reforms.

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Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar

Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.