IMF says it is still reviewing 'financing assurances' from external creditors on restructuring Sri Lanka's bilateral and private debt.
Last year's economic crash sparked dire food, fuel and medicine shortages, as well as months of civil unrest that eventually toppled then-president Gotabaya Rajapaksa.
An IMF delegation wrapped up their two-week mission to Sri Lanka without an announcement on releasing the second tranche of $330 million.But the IMF said it was still reviewing"financing assurances" from external creditors on restructuring Sri Lanka's bilateral and private debt.
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