IMF staff, President hold another round of talks

Another round of discussions with the International Monetary Fund, with the aim of finding solutions to the financial crisis facing Sri Lanka, was held yesterday at the President’s Office under the patronage of President Ranil Wickremesinghe.

President Wickremesinghe joined the meeting via Zoom technology and both parties exchanged ideas in a positive manner.

The IMF had made a request for additional information pertaining to electricity tariff revisions, Excise Act etc. and it was decided at this meeting to provide the requested information by Monday.

Financial and legal advisors of the IMF joined yesterday’s meeting and another round of discussions has been scheduled for 31 August.

International Monetary Fund Negotiation Panel Head Peter Breuer, Deputy Head Masahiro Nozaki, International Monetary Fund in Sri Lanka Permanent Representative Tubagus Feridhanusetyawan, and Chief of Staff to the President and Senior Advisor to the President on National Security Sagala Ratnayake, President’s Secretary Saman Ekanayake, Central Bank Governor Dr. Nandalal Weerasinghe and several other Central Bank senior officers were present on this occasion.