IMF keen to resume talks on program with SL

Monday, 11 July 2022 00:29 - - {{hitsCtrl.values.hits}}

The International Monetary Fund (IMF) has reaffirmed its commitment to Sri Lanka and expressed hope that talks on new support program can resume soon.

“We are closely monitoring the ongoing developments in Sri Lanka. We hope for a resolution of the current situation that will allow for resumption of our dialogue on an IMF-supported program, while we plan to continue technical discussions with our counterparts in the Ministry of Finance and Central Bank of Sri Lanka,” IMF Senior Mission Chief for Sri Lanka Peter Breuer and IMF Mission Chief for Sri Lanka Masahiro Nozaki said in a joint statement.

“We are deeply concerned about the impact of the ongoing economic crisis on the people, particularly the poor and vulnerable groups, and reaffirm our commitment to support Sri Lanka at this difficult time, in line with the IMF’s policies,” they added.