🇮🇳 India
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IMF strikes Sri Lanka deal, $700 million tranche expected
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Colombo: Sri Lanka and the International Monetary Fund (IMF) have reached staff-level agreement on economic policies to conclude the combined fifth and sixth reviews of the island nation's reform programme, the global body said in a statement on Thursday.An IMF team was here in Sri Lanka from March 26 until April 9 to conduct the combined fifth and sixth reviews of Sri Lanka’s reform programme supported by the global lender's Extended Fund Facility (EFF).The two tranches together will release US
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