- Last Update 2025-06-13 19:05:00
IMF team to visit here by end-August
An International Monetary Fund (IMF) team will be visiting Sri Lanka by the end of this month to reach a staff-level agreement on a debt restructuring policy package and economic reform programme to secure a bailout loan under the the Extended Fund Facilty (EFF), Central Bank Governor Dr. Nandalal Weerasinghe disclosed.
He told a media conference on Thursday convened to brief the Central Bank’s monetary policy review that the country’s debt restructuring programme and economic reform programme will be presented to the IMF board of directors after reaching the staff level agreement. .
"The IMF programme is making a good progress. An 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. 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.” “Once you reach that the situation will improve further," he added. (Bandula)
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- June 12, 2025 - 256 - 0
Badminton: World No.2 ranked Anders to play exhibition match against Viren at MBA Courts on Friday
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Former Sri Lanka spinner Sachithra Senanayake indicted
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