23 C
Friday, February 3, 2023

No new plans to offer financing to Sri Lanka, says World Bank


The World Bank has said that at the moment it does not plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is put in place by the country’s leaders, it was reported on Friday.

The World Bank stressed that Sri Lanka needed to undertake structural reforms that focused on economic stabilization and address the root structural causes that led to the present crisis.

Share post:




More like this

Once known for insurgency, violence, Tripura is now a state of development: Nadda

BY TC News Desk Agartala: February 03. Ahead of election...

Don’t waste vote for Tipra Motha, as it cant form govt in Tripura says Assam CM

BY TC News Desk Agartala: February 03. Assam Chief Minister...

Left front releases poll manifesto, promises to fulfill 22 demands

BY TC News Desk Agartala: February 03. Left Front on...

Myanmar declares martial law in 37 towns

Myanmar's State Administration Council has declared martial law in...