Sri Lankan PM Wickremesinghe begins talks with IMF delegation

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20th Jun, 2022. 02:36 pm
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Sri Lankan PM Ranil Wickremesinghe met with a visiting International Monetary Fund (IMF) group.
Sri Lanka is facing its greatest financial crisis since independence.
A 10-member IMF mission is in Sri Lanka for 10 days to discuss a bailout deal.

Sri Lankan Prime Minister Ranil Wickremesinghe on Monday began meetings with a visiting International Monetary Fund (IMF) group.

Wickremesinghe’s media division stated in a news release that a 10-member IMF mission is in Sri Lanka for 10 days.

Sri Lanka is facing its greatest financial crisis since independence, and the IMF is in Sri Lanka to discuss a bailout deal.

In line with IMF policy, the IMF said again a few days ago that it would help Sri Lanka through this hard time.

Wickremesinghe previously stated that he anticipated the IMF visit would result in a swift staff-level agreement, noting that an IMF programme is essential for accessing bridging financing from institutions like the World Bank and Asian Development Bank.

Sri Lankan PM Wickremesinghe begins talks with IMF delegation

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