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IMF meeting on Sri Lanka Rapid Finance loan on Dec 19

ECONOMYNEXT – The Executive Board of the International Monetary Fund will meet on December 19 to consider a loan through its Rapid Finance Instrument, a notice posted on the lender’s website said. Sri Lanka has sought a 200 million dollar loan the the RFI after Cyclone Ditwah hit in the last week of M November. RELATED : Sri Lanka to go for 18th IMF program: never say never Next year’s spending will go up at least by 500 billion rupees, radically altering a budget for 2026 on which the current IMF program targets are based. An IMF team is expected…

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