Preliminary round of IMF talks end on positive note | Daily News

Preliminary round of IMF talks end on positive note

Discussions between the International Monetary Fund (IMF) staff level delegation and the Sri Lankan delegation led by Prime Minister Ranil Wickremesinghe commenced at the Prime Minister’s Office yesterday (20).

The Prime Minister’s Office said that the preliminary round of discussions to obtain loan assistance from the International Monetary Fund for Sri Lanka had ended on a positive note.

The Prime Minister’s Office further stated that the IMF delegation will stay in Sri Lanka for ten days and hold talks with a number of stakeholders.

The IMF team will hold discussions with officials of the Ministry of Finance and the Central Bank in the coming days.

IMF representatives will also hold discussions with consultants from international firms Lazard and Clifford Chance, which have been selected to advise on the role of debt restructuring in Sri Lanka.

Central Bank Governor Nandalal Weerasinghe, Mahinda Siriwardena, Secretary to the Ministry of Finance, Prime Minister’s Senior Economic Adviser Dr. R.H.S. Samaratunga, Deputy Governors of the Central Bank and Secretary to the Prime Minister Saman Ekanayake were also present.

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