Discussions with IMF ended successfully – PM tells Parliament

todayJuly 6, 2022

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Prime Minister Ranil Wickremesinghe says that Sri Lanka’s discussions with the International Monetary Fund (IMF) had ended successfully.

He stated that the next step is to submit a report on debt restructuring.

Wickremesinghe stated this while delivering a special statement in Parliament on Tuesday (05) regarding the progress of negotiations with the IMF.

Sri Lanka has so far held several rounds of negotiations with the International Monetary Fund.

Meanwhile an IMF team had visited Sri Lanka last month for talks on a bailout program. The IMF team had visited visiting Colombo from June 20 to 30 to continue talks on what would be Sri Lanka’s 17th rescue program.

The prime minister said Sri Lanka’s negotiations with the IMF are more complex and difficult than in the past because it is a bankrupt nation.

Ranil Wickremesinghe told lawmakers that recent discussions with a visiting IMF mission were fruitful but not as straightforward.

Written by: Relaks Radio

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