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Sri Lanka bailout conditional on tackling corruption: IMF
Sri Lanka bailout conditional on tackling corruption: IMF
Business and Economy
by  AFP

Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation. Peter Breuer, the IMF mission chief in Sri Lanka, said the government had agreed to enact tougher anti-corruption laws within months during the bailout negotiations.