(UTV | COLOMBO) – The International Monetary Fund has confirmed it intends on beginning discussions with Sri Lanka on a program to support the country.
IMF spokesman Gerry Rice said, “The authorities have also indicated that they are actively considering an IMF-supported program and we will discuss with the authorities how best we can assist Sri Lanka going forward, including during the Minister of Finance’s visit to Washington in April.”
IMF spokesman Gerry Rice has also highlighted the urgent need of implementing a credible and coherent strategy to restore macroeconomic stability and debt sustainability.