President reveals Sri Lanka will go ahead with IMF approach

Date:

Sri Lanka will continue with the International Monetary Fund (IMF) approach, following the discussions held with the IMF envoys yesterday (15) revealed President Gotabaya Rajapaksa in his special address to the nation today (16).

The decision was taken in view of the pros and cons of the approach, the President emphasised, adding that the purpose of this is to develop a methodology for the payment of debt installments and sovereign bonds to be settled by Sri Lanka.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Shani Abeysekara Reappointed as Director of CID with Police Commission Approval

Senior Superintendent of Police Shani Abeysekara has been appointed...

Women Tech Trailblazers Shine at SLASSCOM’s Fast Forward 4.0 and Hack Like a Girl 2.0

The Women Technopreneurs Forum (WTech) of SLASSCOM has once...

Sri Lanka’s Exports Surge Past $6.9 Billion in Five Months amid Global Headwinds

Despite mounting global uncertainties, Sri Lanka's export sector has...

Ceylon Chamber appoints Krishan Balendra as Chairperson at 186th AGM

The Ceylon Chamber of Commerce elected Krishan Balendra as...