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Tuesday, May 30, 2023

World Bank rules out new financing without macroeconomic policy framework

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Denies media reports of bridge loans; says only repurposing resources of pre-approved projects  The World Bank (WB) said yesterday (25) that until an adequate macroeconomic policy framework is established by the Government of Sri Lanka (GoSL), it will not offer new financing to the country.  “We are concerned for the[…]

The post World Bank rules out new financing without macroeconomic policy framework appeared first on The Morning – Sri Lanka News.

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