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Sri Lanka's financial crisis: India, US, Japan secure USD 2.286 bn IMF bailout

Sri Lanka's financial crisis: India, US, Japan secure USD 2.286 bn IMF bailout

Mar 28, 2023, at 05:37 am

Colombo: After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7 bn to Sri Lanka,  the International Monetary Fund (IMF) has finally approved  a USD 2.286 billion bailout for financially-hit Sri Lanka.