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IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

World Bank senior mission chief Peter Breuer, right, and Masahiro Nozaki, mission chief for Sri Lanka, sit for a media conference in Colombo, Sri Lanka, Thursday, Sept. 1, 2022. The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced Thursday. (AP Photo/Eranga Jayawardena) Masahiro Nozaki, World Bank Mission Chief for Sri Lanka, speaks during a media conference in Colombo, Sri Lanka, Thursday, Sept. 1, 2022. The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced Thursday. (AP Photo/Eranga Jayawardena) World Bank senior mission chief Peter Breuer speaks during a media conference in Colombo, Sri Lanka, Thursday, Sept. 1, 2022. The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced Thursday. (AP Photo/Eranga Jayawardena) World Bank senior mission chief Peter Breuer, right, speaks with Masahiro Nozaki, mission chief for Sri Lanka, by his side during a media conference in Colombo, Sri Lanka, Thursday, Sept. 1, 2022. The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced Thursday. (AP Photo/Eranga Jayawardena) FILE - A vender waits for customers at a vegetable market place in Colombo, Sri Lanka, Friday, June 10, 2022. The International Monetary Fund said Thursday, Sept. 1, 2022, it has reached a staff-level agreement with Sri Lanka to provide $ 2.9 billion over four years to help salvage the country from its worst economic crisis in recent memory. (AP Photo/Eranga Jayawardena, File) FILE - A woman bargains as she buys vegetables at a market place in Colombo, Sri Lanka, Friday, June 10, 2022. The International Monetary Fund said Thursday, Sept. 1, 2022, it has reached a staff-level agreement with Sri Lanka to provide $ 2.9 billion over four years to help salvage the country from its worst economic crisis in recent memory. (AP Photo/Eranga Jayawardena, File) Police officers detain anti-government protesters in Colombo, Sri Lanka, Tuesday, Aug. 30, 2022. Sri Lanka's new government plans Tuesday to present an amended budget for the year that slashes expenses and aims to provide relief to people hit hard by the country's economic meltdown.(AP Photo/Eranga Jayawardena) FILE - Sri Lankan president Ranil Wickremesinghe arrives at the parliamentary complex in Colombo, Sri Lanka on Aug. 3, 2022. Sri Lanka’s new government plans Tuesday, Aug. 30, 2022 to present an amended budget for the year that slashes expenses and aims to provide relief to people hit hard by the country's economic meltdown. (AP Photo/Eranga Jayawardena, File)