Sri Lanka now now not a bankrupt nation, president says – BBC Recordsdata

Sri Lanka now now not a bankrupt nation, president says  – BBC Recordsdata

Sri Lanka is now now not a bankrupt nation thanks to a $3bn bailout from the World Monetary Fund, the nation’s president has acknowledged.

The financial aid will encourage to spice up the nation’s reserves, as it faces the worst financial crisis since independence.

Russia’s invasion of Ukraine and inflation has exacerbated years of authorities mismanagement and now, there’s a lifeline – but with conditions.

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