Published: Mar 21, 2023, 04:15 IST | Updated: Mar 21, 2023, 04:15 IST
World Mar 21, 2023, 04:15 IST
IMF approves $3 billion bailout for bankrupt Sri Lanka
Sri Lanka has secured a $3billion bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year in the making and a lifeline for the country that has billions of dollars in loans.