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Live News REGULATION ARTICLE M impact

IMF Reaches Staff-Level Deal With Sri Lanka for $345 Million

The International Monetary Fund announced a staff-level agreement with Sri Lanka on the seventh review of its Extended Fund Facility, paving the way for approximately $345 million in financing.

The International Monetary Fund said late on Sunday it had reached a staff-level agreement with Sri Lanka on the seventh review under the Extended Fund Facility, unlocking about $345 million in financing.