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Friday, June 21, 2024

IMF MD congratulates Sri Lanka

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Sri Lanka on the progress in taking decisive policy decisions to obtain financial assuarances from the country’s creditors.

“I welcome the progress made by the Sri Lankan authorities in taking decisive policy actions and obtaining financing assurances from all their major creditors, including China, India and the Paris Club. I look forward to presenting for approval Sri Lanka’s IMF-supported program to our Executive Board on 20 March,” She tweeted

The Extended Fund Facility (EFF) will support the authorities’ program of ambitious reforms, which will help Sri Lanka emerge from its current crisis and set it on a trajectory of strong and inclusive growth, she added.

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