A special discussion between the Managing Director of the IMF and the President

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A special discussion between Managing Director of the International Monetary Fund, Kristalina Georgieva and President, Ranil Wickramasinghe was held yesterday (02) night via Zoom.

There have been long discussions regarding the financial facility of the International Monetary Fund and debt restructuring that Sri Lanka is looking for.

At present, a positive and optimistic background is being created from all parties related to Sri Lanka’s debt restructuring and financial facility.

After the recent discussion with the Chinese Prime Minister, it is a unique situation that the Managing Director of the International Monetary Fund joined the discussion with the President.

Also, Bloomberg had recently reported that China is open to participate in multilateral efforts to contribute meaningfully to the states that are in debt crisis, Chinese Premier Li Keqiang told the Managing Director of the International Monetary Fund.

It was further stated that debt-ridden countries such as Sri Lanka and Pakistan will take necessary steps to take joint action.

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