No new financing plans for Sri Lanka - World Bank
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In a recent statement, the World Bank announced that it “does not plan to offer new financing in Sri Lanka” until the crisis-hit island has an “adequate macroeconomic policy framework in place.”
According to the lender Sri Lanka requires structural reforms that focus on economic stabilization in order to secure new financing. The economic crisis has disrupted life in the country, creating shortages of essential goods like food, fuel and medicine.

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