Sri Lanka seeks 5 billion dollar loans from IMF and World Bank

Friday, 13 February 2015 - 11:05

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Government is seeking to borrow as much as 5 billion dollars from the global lenders, the International Monetary Fund and the World Bank.

Minister of Finance will be in Washington next week to hold discussions with the IMF and World Bank to borrow billion dollars.

A team led by the Governor of Central Bank Arjuna Mahendran is already in Washington.