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China backs Sri Lanka in IMF talks

China has offered support to develop the Sri Lankan economy, following talks held in Colombo today.

The Minister of Finance and Mass Media Mangala Samaraweera met with the Chinese Ambassador to Sri Lanka, Cheng XueYuan and a Chinese delegation at the Treasury today.

The Minister apprised the Chinese Ambassador about the Sri Lankan Governments plan to re-engage with the International Monetary Fund (IMF) and thanked the Chinese Government for their continued support extended to Sri Lanka.

Samaraweera will visit Washington next week for talks with the IMF.

He will be in Washington from 14 – 16 January 2019 to resume negotiations with the IMF on the Extended Fund Facility.