Sunday, May 24, 2009

IMF in "advanced" talks on Sri Lanka economic bailout

(TI)The International Monetary Fund said Thursday it was in "advanced" talks with Sri Lanka on an economic bailout programme, despite reservations expressed by Washington, agency reports said yesterday.

Following Sri Lanka’s victory this week over the LTTE, the IMF said it looked forward to "improvements" in the country, Washington based agency reports said. Full text Share on Facebook