Friday, July 20, 2012

Final loan installment has approved by IMF

IMF had decided to release the final loan installment of  US $2.6 Billion to Srilanka in yesterday.Main purpose of this loan is to contribute to the Srilankan development process.Final loan installment had released after the assembling of executive committee meeting in Washington.Final loan installment contains  US $415 Million.This loan plan contained several installments.First loan installment had released in June 2009.First loan installment contained in US $322.2 Million.
IMF get this decision after the satisfaction of Srilankan economy development skills.Sri lankan economy contains positive long time development  according to the IMF.IMF made that issue after the releasing of  loan installment. 

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