The International Monetary Fund (IMF) will soon be discussing Sri Lanka’s economic issues with the country’s respective ministers and is closely monitoring the island nation’s economic and political situation, the organization stated. “IMF staff is looking forward to program discussions with the authorities, including during the visit of the newly appointed Finance Minister to Washington later this month,” IMF Sri Lanka mission chief Masahiro Nozaki said to Reuters. Sri Lankan President Gotabaya Rajapaksa dissolved his cabinet April 4 and has appointed a new finance minister, while also looking for a new governor for the central bank. During an IMF press briefing on March 31, spokesman Gerry Rice indicated that the IMF will discuss Sri Lanka’s issues during the new finance minister’s visit. He affirmed that Colombo, the country’s capital city and seat of government, has “expressed interest” in the organization’s support and financial programs. The Sri Lankan government had earlier been …
IMF Meeting Sri Lankan Authorities as Country Attempts to Resolve Economic Crisis
April 5, 2022
admin
Asia & PacificBusiness & Economycurrency devaluationeconomic crisiseconomic policieseconomyInternationalSri LankaWorld
0 Comment