Three private banks will receive the facility to fund about 30% of imports, including medicine, food and fertiliser, the IFC said. (Reporting by Uditha Jayasinghe; Writing by Sakshi Dayal; editing by Sudipto Ganguly)
COLOMBO, Feb 27 (Reuters) - The World Bank's
International Finance Corporation (IFC) investment arm will
provide Sri Lanka a $400 million cross-currency swap facility to
help fund essential imports, the financial institution said in a
statement on Monday.
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