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IMF $250 million Sri Lanka loan to help airline

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Jun 04, 2018 1 mins read
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IMF $250 million Sri Lanka loan to help airline

The International Monetary Fund (IMF) has released the latest installment of Sri Lanka's $1.5 billion bailout, but warned that restructuring the loss-making national airline was essential to sustain economic recovery. The IMF welcomed the island nation's increase in fuel prices last month -- a preco...

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