The Executive Board of the International Monetary Fund(IMF) today agreed to release the First Installment of the requested loan of over $322 Million for Sri Lanka.IMF Executive Board agreed to released the Loan after reviewing Sri Lankan Government's Progress on Implementing the Reforms agreed on last July.In last July the IMF approved a 20 Month stand by Agreement for Sri Lanka by providing $ 2.6 Billion loan for the Country.This Loan was approved to help the Sri Lankan Government to overcome the effects of International Finnancial Crisis and Supporting the Economy.
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