Opposition groups in Sri Lanka held discussions with the International Monetary Fund (IMF) delegation, currently in the country to conduct the first review of the Extended Fund Facility (EFF) arrangement for Sri Lanka. The meeting took place at the office of the Opposition Leader in Colombo and was led by Peter Breuer, Senior Mission Chief for Sri Lanka, representing the IMF.
During the discussions, the agreements previously established between the government and the IMF were thoroughly examined. Opposition groups conveyed their concerns to the IMF regarding the potential impacts of the domestic debt restructuring program on the employees’ provident fund.
Opposition Leader Sajith Premadasa informed the IMF delegation that, under their government, the existing agreement would be subject to review, with the aim of formulating a more people-friendly agreement that prioritizes strategies for the nation’s development.