The International Monetary Fund said on Tuesday it had approved the disbursement of the delayed third tranche of a $2.6 billion loan to Sri Lanka.
"The Executive Board of the International Monetary Fund (IMF) today completed the second and third reviews of Sri Lanka's economic performance," the IMF said in a statement
The global lender said the completion of the reviews allowed for the immediate disbursement of an amount equivalent to SDR 275.6 million (about US $407.8 million).
"The Executive Board of the International Monetary Fund (IMF) today completed the second and third reviews of Sri Lanka's economic performance," the IMF said in a statement
The global lender said the completion of the reviews allowed for the immediate disbursement of an amount equivalent to SDR 275.6 million (about US $407.8 million).
