Sri Lanka’s Useable Foreign Reserves Drop Below $50mn ...Middle East

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Sri Lanka’s Useable Foreign Reserves Drop Below $50mn

Colombo: Sri Lankan Finance Minister, Ali Sabry told parliament on Wednesday that the country’s current useable foreign reserves were less than $50 million. Sabry told parliament that Sri Lanka should have sought assistance from the International Monetary Fund (IMF) much earlier and that entering an IMF program would take at least six months, Xinhua news agency […] The post Sri Lanka’s Useable Foreign Reserves Drop Below $50mn appeared first on Ommcom News.

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