Signs of recovery in Sri Lanka's battered economy: IMF

By Uditha Jayasinghe and Kanishka Singh
Updated June 13 2024 - 4:50pm, first published 4:45pm
Vulnerabilities remain in Sri Lanka's economy despite emerging signs of recovery, the IMF says. (AP PHOTO)
Vulnerabilities remain in Sri Lanka's economy despite emerging signs of recovery, the IMF says. (AP PHOTO)

The International Monetary Fund has approved the second review of Sri Lanka's $US2.9 billion bailout, warning the economy remains vulnerable despite signs of recovery and urging Colombo to do more to restructure a hefty debt burden.

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