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

Date:

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.

Share post:

spot_imgspot_img

Popular

More like this
Related

Rank Container Terminal (Pvt) Ltd and Senura Civil Engineering (Pvt) Ltd Boost ‘Rebuilding Sri Lanka’ Effort with Rs. 50 Mn Contribution

Rank Container Terminal (Pvt) Ltd and Senura Civil Engineering (Pvt) Ltd Boost ‘Rebuilding Sri Lanka’ Effort with Rs. 50 Mn Contribution

Kollupitiya Prime Land Lease Faces Controversy after Cancellation

Kollupitiya Prime Land Lease Faces Controversy after Cancellation

Cyclone Diwah Exposes Chronic Failure to Protect MSMEs

Cyclone Diwah Exposes Chronic Failure to Protect MSMEs

Tender Manipulation Web Tightens Grip on Fisheries Harbours

Tender Manipulation Web Tightens Grip on Fisheries Harbours