US EditionIMF forgives Sri Lanka mis-reporting spending arrears by error
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IMF forgives Sri Lanka mis-reporting spending arrears by error
ECONOMYNEXT – Sri Lanka has missed a performance criteria on zero spending arrears including in past reviews by wrongly reporting data, and has requested waivers which have been granted, International Monetary Fund said. The problem had come to light after senior citizen interest subsidy was published in the Finance Ministry annual report but were not reported to the IMF. “The authorities reported outstanding liabilities for certain interest sub…
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