Financial Times FT.com

IMF approves $2.6bn loan for Sri Lanka

WASHINGTON, July 24- The International Monetary Fund’s board on Friday approved a $2.6bn loan deal to help Sri Lanka cope with the global financial crisis and pay for reconstruction after a 25 year war.

But both Britain and the United States abstained from the board discussion in a move reflecting concerns about the Sri Lankan government’s human rights record.

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