22-January-2025
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Lanka Prez Dissanayake urges IMF to strike balance in economic recovery programme
20-Nov-2024

Sri Lankan President Anura Kumara Dissanayake on Monday urged the International Monetary Fund to consider the economic hardships faced by the people of the island nation and strike a balance in the economic recovery programme. The IMF team on Sunday arrived in Sri Lanka to carry out the third review of the nearly USD 3 billion bailout facility. EXPLORE THE .WORLD DOMAIN TODAY Get Yours The third review should lead to the fourth tranche of the 4-year facility. It would be around 330 million dollars as was the case in the previous three tranches, Finance Ministry officials said. Sri Lanka's economic reform programme is supported by the IMF's Extended Fund Facility (EFF). Dissanayake met the IMF's Sri Lanka mission chief Peter Breuer and the delegation.

News Source:- https://timesofindia.indiatimes.com/business/international-business/lanka-prez-dissanayake-urges-imf-to-strike-balance-in-economic-recovery-programme/articleshow/115460645.cms