IMF’s support involves a routine TA Program on Macro-Fiscal capacity building: CBSL Chief

Date:

The comment made by Finance Minister Basil Rajapaksa yesterday (02) on seeking the support of the International Monetary Fund (IMF) with regard to the economic situation in Sri Lanka was intended to obtain only technical assistance required for the capacity building at the new Macro Finance Unit of the Ministry of Finance, said Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal.

In a Social Media remark, the Central Bank Governor noted that the Minister’s comment on seeking the IMF’s assistance was about a ‘routine’ Technical Assistance Program on Macro-Fiscal capacity building at the new unit and nothing else.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Fresh Border Clashes Erupt Between Pakistan and Taliban Forces Despite Recent Ceasefire

Tensions along the Pakistan and Afghanistan frontier escalated once...

Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...