• Wion
  • /South Asia
  • /Sri Lanka expecting $5 bn in loans from multilateral agencies

Sri Lanka expecting $5 bn in loans from multilateral agencies

After months of reeling under the worst economic crisis, Sri Lanka is hoping that growth returns to the nation. The country is expecting as much as $5 billion in loans next year from multilateral agencies besides an IMF deal, while the government is aiming to raise up to $3 billion via restructuring of state assets.