finally some good news

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Sri Lanka denies IMF loan delay

Article Date: 
30 Apr 2009

Sri Lanka has denied reports that a proposed loan from the International Monetary Fund (IMF) is being delayed by the US, officials say.

American officials said the move was aimed at putting pressure on Colombo to do more to help civilians caught up in the fighting in the north.

But a senior Sri Lankan official says the talks are on schedule.

Sri Lanka has been holding talks with the IMF for a loan of nearly a $2bn to weather the global economic crisis.

International concern

Article Source: 
BBC World News
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