Wednesday, August 17, 2022
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President reveals Sri Lanka will go ahead with IMF approach

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

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