IMF delegation to arrive in Sri Lanka on Thursday
Posted by Editor on May 10, 2023 - 7:15 pm
An International Monetary Fund (IMF) staff team will arrive in Sri Lanka on Thursday, a statement from the global lender said as the crisis-hit country prepares for the first review of a loan programme in September.
The delegation will visit Sri Lanka during May 11-23 as part of regular consultations ahead of the first review mission later this year, the IMF said in a statement.
Krishna Srinivasan, Director of the Asia and Pacific Department, will join the May 12-15 visit and a press briefing will be held on Monday, it said.
Sri Lanka is struggling with its worst financial crisis in over seven decades triggered by a severe shortage of foreign exchange.
The island finalised a nearly $3 billion IMF programme in March.
(Reuters)
Latest Headlines in Sri Lanka
- Former MPs lose seats in Sri Lanka’s 2024 Parliamentary Election November 15, 2024
- Live Results of Sri Lanka 2024 Parliamentary Election November 14, 2024
- 33 train journeys canceled today in Sri Lanka due to driver shortage November 14, 2024
- Three election officials including Police officer die during Sri Lanka’s 2024 Parliamentary Election November 14, 2024
- Voting begins for Sri Lanka’s 10th Parliament – Results expected by midnight November 14, 2024
