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SL, no longer deemed bankrupt by the world – President

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President Ranil Wickremesinghe has emphasized that Sri Lanka is no longer deemed bankrupt by the world.

In a special statement following the approval of the extended credit facility by the IMF Executive Board, the President added that the loan facility serves as an assurance from the international community that Sri Lanka has the capacity to restructure its debt and resume normal transactions.

The President is also scheduled to make a special statement on the IMF extended credit facility in Parliament tomorrow (22), and the agreement reached with the IMF will  be tabled in Parliament.

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