IMF chief welcomes Sri Lanka’s progress

The Managing Director of the International Monetary Fund (IMF) has welcomed the progress made by the Sri Lankan authorities in taking decisive policy actions and obtaining financial assurances from all major creditors including China, India and the Paris Club.

Kristalina Georgieva the MD said in a statement that she looks forward to presenting the IMG-supported program to the organization’s Executive Board on March 20.

“The Extended Fund Facility (EFF) will support the authorities’ program of ambitious reforms, which will help Sri Lanka emerge from its current crisis and set it on a trajectory of strong and inclusive growth.”