November 22, 2024 23:55 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing
IMF commends steps taken by Sri Lanka
IMF-Sri Lanka
Image Cr: Twitter/Kristalina Georgieva

IMF commends steps taken by Sri Lanka

| @indiablooms | 19 Apr 2022, 06:22 pm

Colombo/UNI/Xinhua: The International Monetary Fund (IMF) has commended the steps already taken by Sri Lanka to stabilise its economy, the Finance Ministry said in a press release Tuesday.

Finance Minister Ali Sabry met IMF Managing Director Kristalina Georgieva Monday at the IMF headquarters, the Ministry said.

The IMF has assured its fullest support and a positive response has also been received to expedite the process to strengthen the support extended towards Sri Lanka, according to the press release.

Sabry has also requested for a Rapid Financing Instrument (RFI).

The IMF informed him that India has made representations on behalf of Sri Lanka for an RFI.

The Sri Lankan government decided last week to suspend repayment for all debts for an interim period till it has an orderly and consensual debt restructuring programme supported by the IMF.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.