IMF says it has begun discussions with the Sri Lanka

Date:

The International Monetary Fund (IMF) says it has begun discussions with the Sri Lankan authorities to help Sri Lanka recover from the major economic crisis. The regional head of the IMF visited Sri Lanka recently and during his visit held discussions with President Gotabhaya Rajapaksa and Finance Minister Basil Rajapaksa, IMF spokesman Gerry Rice said.

Rice said further discussions would be held on how to help Sri Lanka overcome the economic crisis and that a final decision would be taken during Finance Minister Basil Rajapaksa’s visit to Washington next month.

The Regional Head has submitted a special report on the Sri Lankan economy to the Government of Sri Lanka, which includes some recommendations on how to overcome the crisis.

Addressing the nation on the 16th, President Gotabhaya Rajapaksa also stated that he was ready to hold discussions with the International Monetary Fund to overcome the crisis.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Tourism’s Race against Time to Hit 2025 Goals

Sri Lanka’s tourism industry is celebrating a symbolic milestone,...

Browns Investments PLC Expands Maldives Footprint with $57.5m Deal

Browns Investments PLC, the leisure and investment arm inside...

JVP/NPP Backs Refinery Deal it once blocked: Ranwala Saga Haunts Credibility

Sri Lanka’s Sapugaskanda oil refinery, a project long strangled...

Sri Lanka’s Foreign Investment Target: Ambitions Outpace Reality

As Sri Lanka navigates its post-crisis recovery, foreign direct...