Sri Lanka to receive $3bn bailout but government faces corruption probe

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Sri Lanka to receive $3bn bailout but government faces corruption probe
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The International Monetary Fund says it will give financial assistance but also assess Sri Lanka's governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout programme.

Sri Lanka is to receive $3bn as part of a bailout plan to help the bankrupt nation which is also facing a humanitarian crisis.

However, the IMF funding will not immediately help millions of Sri Lankans, who are being squeezed by soaring costs ofProtests have been held across the country in recent months's families have been forced to reduce portions they feed their children, according to a survey by Save the Children released this month.

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