The country of 22 million people is struggling with its worst economic crisis since independence from Britain in 1948. President Ranil Wickremesinghe told parliament there were signs the economy was improving but there was still insufficient foreign currency for all imports, making the IMF deal crucial so other creditors could also start releasing funds. “Sri Lanka has completed all prior actions that were required by the IMF,” Wickremesinghe said.
Sri Lanka’s rupee hit a mid-rate of 325 on Tuesday, appreciating 12%, analysts said, against the central bank-set spot rate of 337.67. The appreciation was driven by better dollar inflows from tourism and remittances, positive sentiment over imminent approval of an IMF deal and a downturn in imports, analysts said.
Sri Lanka does not deserve such money..girls are all so ugly. And what about war with tamoul? The day I was there. The airport has blown away because of a bomb
Worst thing they could do!
aku masih analisa dulu.... diskusi dulu....tandaku bukan gempa aja....
Ain’t getting that back…ever
Don’t do it. If you default Sri Lanka will be owned by china.
🤔