Sri Lanka will receive World Bank assistance to help it deal with its economic difficulties.


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Sri Lanka will get $300 million to $600 million from the World Bank over the next four months to purchase medicine and other necessities, according to the country’s finance minister, as the Indian Ocean island faces its worst economic crisis in decades.

Finance Minister Ali Sabri, who is in Washington to negotiate a bailout with the International Monetary Fund, said in a video conference that talks with the IMF may take some time, but that the World Bank has agreed to help in the meanwhile.

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