A team from the International Monetary Fund (IMF) will soon visit Sri Lanka to conduct the third review of the country’s Extended Fund Facility (EFF) program, announced Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, during a press briefing today.
Mr. Srinivasan noted that after Sri Lanka’s new government took office, IMF representatives held productive talks with the President and his team, recognizing the significant progress made under the program and stressing the importance of preserving these gains.
He confirmed the new government's commitment to the IMF-supported program, especially regarding fiscal and debt targets.
He added that a Sri Lankan delegation had recently visited Washington for discussions, with solid progress achieved and the IMF team will return to Sri Lanka shortly to continue negotiations for the third review.
The death toll in the Ella bus accident has increased to 15 with 16 others injured.
Sri Lanka’s largest renewable energy project, the ‘Rvidanavi’ Solar Power Park project was launched in Siyambalanduwa today by President Anura Kumara Dissanayake.
Former President Mahinda Rajapaksa is due to vacate his official residence at Wijerama Mawatha, Colombo this morning, a Sri Lanka Podujana Peramuna (SLPP) source said.
The Presidents’ Entitlements (Repeal) Bill was passed by a majority of 150 in parliament today. However the opposition MP’s were absent during the voting.
Leave Comments