The IMF announced a preliminary agreement to provide Sri Lanka with US$2.9 billion over four years to recover from its economic crisis.

By Arete News - September 1, 2022

A street scene from Old Kottawa Road in the Sri Lankan capital, Colombo, which Prime Minister Ranil Wickremesinghe said was bankrupt in July 2022 (AN/Dennis Sylvester Hurd)

U.N. report forecasts 3.2% economic drop The world economy is projected to shrink by 3.2% in 2020 — its biggest contraction…
Poll finds wide agreement on 'climate emergency' A U.N. survey found 64% of 1.2 million people polled in 50 nations — all…
After 2 years, pandemic 'far from over' Two years into the COVID-19 pandemic, WHO’s director-general says it is nowhere near the end…
IMF warns of worst recession since 1930s The global economy will likely suffer the worst financial crisis since the Great Depression due…
World Bank and IMF caution on slowdown World Bank and International Monetary Fund leaders called on 189 member nations for help in…
World Bank and IMF accent island nations The World Bank and IMF opened fall meetings to survey a slowing world economy, U.S.-China…

Related Articles