Sri Lanka says 'positive news' coming from IMF on $2.9 billion package

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Sri Lanka says 'positive news' coming from IMF on $2.9 billion package
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COLOMBO : Sri Lanka is on the verge of getting 'very positive news' from the International Monetary Fund on a $2.9 billion programme for the country, a government minister said on Tuesday, while a senior source said it had also won debt restructuring support from China.Sri Lankan President Ranil Wickremes

COLOMBO : Sri Lanka is on the verge of getting"very positive news" from the International Monetary Fund on a $2.9 billion programme for the country, a government minister said on Tuesday, while a senior source said it had also won debt restructuring support from China.

The island nation of 22 million is struggling with its worst economic crisis in more than seven decades. "The IMF programme is essential for us and Sri Lanka has worked very hard since last September to secure it."

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