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

India’s generosity in Ditwah’s wake, a partnership of reliability

By Krishantha Prasad Cooray Dr. S. Jaishankar, India’s foreign minister...

India’s $450 Million Cyclone Aid: Relief, Strategy and Indian Ocean Stakes

India’s decision to extend a USD 450 million financial...

Why MSMEs Fall Through the Cracks After Every Disaster

 The devastation caused by Cyclone Ditvah has once again exposed a...

IMF Flags CycloneShock, Warns Sri Lanka’s Recovery at Risk

Sri Lanka’s fragile economic recovery has been dealt a...