IMF rules out fresh bailout for Sri Lanka
Thursday, March 5th, 2015Courtesy Channelnewsasia The IMF on Wednesday (Mar 4) ruled out a fresh bail-out for Sri Lanka, which had hoped to secure loans of more than US$4.0 billion to restructure expensive debt taken on by the previous regime. Much of the country’s post-war infrastructure under the administration of former president Mahinda Rajapakse was funded with Chinese […]
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