Sunday, September 26, 2010

IMF APPROVES FOURTH TRANCH OF USD 2.6 BILLION LOAN

http://www.news.lk/index.php?option=com_content&task=view&id=16350&Itemid=44

IMF APPROVES FOURTH TRANCH OF USD 2.6 BILLION LOAN


Saturday, 25 September 2010
The International Monetary Fund has approved the fourth tranche of $2.6 billion loan to Sri Lanka on Friday The fourth IMF review of Sri Lanka was approved by the IMF board and Sri Lanka will receive about $210 million on Monday,according to Central Bank Governor Ajith Niward Cabral.
Tthe IMF board had earlier announced that it would disburse the balance in equal amounts in seven installments.

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