COLOMBO -- Sri Lanka is counting the minutes to Monday, when the International Monetary Fund's executive board is expected to approve a $2.9 billion bailout for the bankrupt island nation.
Tough reforms of state enterprises await after Monday decision on $2.9bn package
Patients wait for doctors at a hospital during a general strike in Colombo on March 15. Many Sri Lankans hope that IMF approval will kick-start an economic recovery. © Reuters
COLOMBO -- Sri Lanka is counting the minutes to Monday, when the International Monetary Fund's executive board is expected to approve a $2.9 billion bailout for the bankrupt island nation.