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Sri Lanka has asked the International Monetary Fund (IMF) for immediate financial assistance, and the global lender may consider it after some scepticism, according to an assistant to the country's finance minister. Protests have erupted in the island nation as it confronts a terrible financial crisis brought on by COVID-19's impacts, mishandled government finances, and rising fuel prices, which have depleted foreign reserves.

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As the crisis worsens, Sri Lanka asks the IMF for immediate financial assistance

April 19, 2022

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