Sri Lanka freezes govt recruitment in fresh austerity drive

The Indian Ocean island nation needs to achieve debt sustainability as a precondition to a $2.9 billion bailout from the Washington-based lender after it defaulted in April.

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January 3, 2023

The Indian Ocean island nation needs to achieve debt sustainability as a precondition to a $2.9 billion bailout from the Washington-based lender after it defaulted in April.

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