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Sri Lanka okays law on corruption in line with IMF plan

Colombo, July 19 Sri Lanka’s Parliament on Wednesday approved an anti-corruption legislation as the island nation attempts to overcome an unprecedented economic crisis. The legislation is part of the pre-requisites of an International Monetary Fund (IMF) bailout package approved in...
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Colombo, July 19

Sri Lanka’s Parliament on Wednesday approved an anti-corruption legislation as the island nation attempts to overcome an unprecedented economic crisis.

The legislation is part of the pre-requisites of an International Monetary Fund (IMF) bailout package approved in March, under which nearly USD 3 billion in government budgetary support will be disbursed in stages to the bankrupt nation. — AP

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