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Sri Lanka may need more IMF help as Easter blasts threaten tourism

Updated : April 23, 2019 03:52 PM IST

The International Monetary Fund extended last month a $1.5 billion loan for an extra year into 2020, a key step in keeping foreign investors involved in what so far this year has been a top-performing frontier debt market.
Prime Minister Ranil Wickremesinghe is already facing heavy criticism domestically for higher taxes, and tight monetary and fiscal policies that have crimped growth to a 17-year low.
Sri Lanka may need more IMF help as Easter blasts threaten tourism

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