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Monday, 28 March 2016 - 10:44
SL to raise $5b after IMF negotiations
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Sri Lanka hopes to raise five billion US dollars following negotiations with the International Monetary Fund for a financial safety net in mid April.

Sri Lanka has already had lengthy discussions with the IMF about financial assistance as a measure to come out from the balance of payment difficulties in the post-war period.

The country received a 2.6 billion US dollars bailout package in 2009-2011.

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