Another crucial discussion of Sri Lanka’s creditors fixed for November 3

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Another crucial discussion of Sri Lanka’s creditors is scheduled to be held on November 3, senior officials of International Monetary Fund (IMF) informed the government as the negotiations are underway.

Debt restructuring in Sri Lanka is on the agenda to be discussed at length during this discussion.

Chief of Staff and Senior Advisor to the President on National Security Sagala Ratnayake met with the outgoing IMF Resident Representative for Sri Lanka Tubagus Feridhanusetyawan and the incoming IMF Resident Representative for Sri Lanka Ms Sarwat Jahan at the Presidential Secretariat yesterday (27), President Media Division said.

The three-member IMF team met with Mr Ratnayake and exchanged views on prior action and debt restructuring. Mr Ratnayake assured the IMF team that he would brief President Ranil Wickremesinghe on the matters that were discussed at this meeting and convey his response to them.

President’s Senior Adviser on Economic Affairs R.H.S. Samaratunga also joined the discussion yesterday.

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