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IMF Approves 3rd Tranche of $2.6 Billion Sri Lanka Loan
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<blockquote data-quote="lkdood" data-source="post: 7769245" data-attributes="member: 92282"><p><strong>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.</strong></p><p><strong></strong></p><p><strong>"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</strong></p><p><strong></strong></p><p><strong>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).</strong></p><p></p><p><img src="http://upload.wikimedia.org/wikipedia/en/thumb/e/e2/Reuters_logo.svg/120px-Reuters_logo.svg.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="lkdood, post: 7769245, member: 92282"] [B]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).[/B] [IMG]http://upload.wikimedia.org/wikipedia/en/thumb/e/e2/Reuters_logo.svg/120px-Reuters_logo.svg.png[/IMG] [/QUOTE]
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