The Governor of the Central Bank says that Sri Lanka’s negotiations with the International Monetary Fund (IMF) is making good progress and that an IMF delegation is expected to visit the island by the end of August to reach a staff-level agreement.
“IMF program is making a good progress. For example, IMF mission is planning to visit Sri Lanka towards the end of this month to reach a staff-level agreement on a policy package,†Dr. Nandalal Weerasinghe said.
He stated that after Sri Lanka reaches a staff-level agreement with the IMF the country would also have to engage with its creditors on debt restructuring.
“Once we reach a staff-level agreement of course we have to reach the creditors on debt restructuring with our advisors. That will also progress once we start the staff-level agreement.â€
“Once you reach that the situation will improve further,†he added.
The Department of Meteorology has issued a Warm weather Advisory for tomorrow (24) in several…
The government’s approval rating rose sharply after the election, from 24% in July 2024 to…
A female suspect has been arrested with two revolver-type firearms, ammunition, and two swords found…
President Anura Kumara Dissanayake says that a special exposition of the Sacred Tooth Relic of…
President Anura Kumara Dissanayake today assured that there is no threat to the country’s national…
The Sri Lankan Navy has arrested 32 fishermen from Rameswaram in Tamil Nadu for allegedly…
View Comments
Can we assume the assistance will come in 2022?