IMF deputy urges Sri Lanka to keep up momentum on economic reforms


Reuters | Colombo | Updated: 02-06-2023 00:53 IST | Created: 02-06-2023 00:51 IST
IMF deputy urges Sri Lanka to keep up momentum on economic reforms
Representative Image Image Credit: ANI
  • Country:
  • Sri Lanka

Sri Lanka is showing a "strong commitment" to implementing economic reforms but must continue this momentum amid a challenging economic environment, International Monetary Fund Deputy Managing Director Kenji Okamura said on Thursday.

In a statement at the conclusion of his visit to Columbo, Okamura said continued open dialogue with Sri Lanka's creditors would help reach restructuring agreements that would restore debt sustainability in line with IMF targets for its $3 billion, 40 month loan to the struggling island country.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback