Categories: Articles

LNP – Top IMF official to visit Sri Lanka this week to brief about economy’s state

A senior International Monetary Fund (IMF) official will be visiting Sri Lanka on Monday and Tuesday to brief President Gotabaya Rajapaksa on the fund’s assessment of the crisis-hit economy, Sri Lanka mission chief Masahiro Nozaki told Reuters.

“While the IMF has not received a request for financial support from Sri Lanka, the staff stands ready to discuss options if requested,” Nozaki said.

The visit comes ahead of plans by Sri Lanka to hold formal talks with the IMF next month on how to help the country.

Sri Lanka is facing its worst financial crisis in years. With foreign exchange reserves standing at a paltry $2.31 billion, the country is struggling to pay for critical imports including fuel, food and medicines.

In a periodic review release earlier this month, the IMF called on the government to implement a “credible and coherent” strategy to repay debt and restore macroeconomic stability.

AddThis Website Tools
Tyronne Jayamanne

Recent Posts

LNP – Sri Lanka’s FDI records 90% increase in first quarter 2025

LNP – Sri Lanka’s FDI records 90% increase in first quarter 2025

The Board of Investment (BOI) of Sri Lanka has successfully increased Foreign Direct Investment (FDI)…

14 hours ago
LNP – Sri Lanka deports 85 Chinese nationals over criminal activities

LNP – Sri Lanka deports 85 Chinese nationals over criminal activities

A total of 85 Chinese nationals convicted for various crimes, including cyber-related offences, were deported…

15 hours ago
LNP – Think twice before buying EVs: Vehicle importers

LNP – Think twice before buying EVs: Vehicle importers

The Vehicle Importers Association of Lanka (VIAL) has urged the public to carefully consider their…

15 hours ago

LNP – MR, Maithri, Ranil, Basil, others involved in USD 110 million cattle import scam: MP

Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wijith…

1 day ago

LNP – Keheliya’s two more daughters, son-in-law arrested

Two more daughters of former Minister Keheliya Rambukwella, Chamithri Jayanika Rambukwella and Amali Nayanika Rambukwella—as…

2 days ago

LNP – World’s most liveable city for 2025 revealed

After a three-year run at the top of the annual list from the Economist Intelligence…

2 days ago