The International Monetary Fund (IMF) has expressed support for Sri Lanka’s recent agreement in principle to restructure $12.5 billion in bonds with international bondholders. The IMF also welcomed the leadership of newly-elected President Anura Kumara Dissanayake, indicating a continued partnership for the country’s economic recovery.
“We look forward to working with President Dissanayake and his team to build on the hard-won gains that have placed Sri Lanka on a path to recovery,” an IMF spokesperson stated.
The IMF plans to discuss the timing of its third review of the current program with Sri Lanka “as soon as practicable.”
Visited 11 times, 1 visit(s) today
International Monetary Fund (IMF)
Last modified: September 24, 2024
