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Treasury receives US $ 695mn under IMF bailout programme
Sri Lanka received US $ 695 million from the International Monetary Fund (IMF), following the completion of the fifth and sixth reviews of its Extended Fund Facility (EFF), the Finance Ministry confirmed yesterday. Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando said the Treasury had received the sixth and seventh tranches of the IMF programme, after the successful completion of the latest reviews, taking the total disbursements under the four-year bailout programme to more than US $ 2.4 billion. [...]