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US Senate Foreign Relations Committee says IMF agreement with Sri Lanka must be contingent on key reforms

The United States Senate Foreign Relations Committee (SFRC) has said that any IMF agreement with Sri Lanka must be contingent on independence of the Central Bank of Sri Lanka, strong anti-corruption measures, and promotion of the rule of law.

“Without these critical reforms, Sri Lanka could suffer further economic mismanagement and uncontrollable debt,” the SFRC said on its official Twitter account.

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