The debt-laden island nation had sought up to US$3 billion from the global lender. Read more at straitstimes.com.
had sought up to US$3 billion from the global lender as it struggles with its worst economic crisis in more than seven decades.Spokespersons for the IMF and the Sri Lankan government did not immediately respond to requests for comment.
Staff-level agreements are typically subject to the approval of the IMF management and its executive board, after which the recipient nations get access to funds.
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