The Government of Sri Lanka is in discussion with the International Monetary Fund (IMF) for emergency financial support.
Director, Communications Department of the IMF Gerry Rice during a press briefing yesterday said, "We have received a request from the Sri Lankan government for emergency financial support, under the rapid financing instrument."
He further noted that IMF will be working in close coordination with GOSL to assess all relevant factors related to that request.
"I can also say that the Sri Lankan authorities also expressed interest in a range of options for future engagement with the Fund, and, in this context, again, we’re discussing the authority’s intention to replace the extended fund facility arrangement that they had with the rapid financing instrument," Rice added.
GOSL in discussion with IMF for emergency financial support
08 May 2020
GOSL in discussion with IMF for emergency financial support
08 May 2020
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