© 2024 WLRN
SOUTH FLORIDA
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Sri Lanka secures $3 billion IMF bailout for ailing economy

Sri Lanka has secured a $3 billion bailout from the International Monetary Fund after nearly a year of working on a deal. The nation is in the grips of an economic crisis, but it is hoped the bailout could kickstart a recovery.

Menaka Indrakumar is a reporter based in Colombo, Sri Lanka. She joins Deepa Fernandes for the latest.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

More On This Topic