IMF stalls $330 mn tranche for Sri Lanka due to revenue shortfall
Edited By WION Video Desk
Published: Sep 28, 2023, 05:25 IST | Updated: Sep 28, 2023, 05:25 IST
Sri Lanka's bid for financial stability faces a significant setback. The international monetary fund, in its first review under a 2.9 billion dollar bailout package has frozen a crucial 330 million dollar tranche. The reason behind this decision is a growing concern over a potential shortfall in the Sri Lankan government's revenue generation.
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