Sri Lankan PM starts discussions with IMF delegation-Xinhua

Sri Lankan PM starts discussions with IMF delegation

Source: Xinhua| 2022-06-20 17:06:29|Editor: huaxia

COLOMBO, June 20 (Xinhua) -- Sri Lankan Prime Minister Ranil Wickremesinghe on Monday started discussions with the International Monetary Fund (IMF) delegation visiting Sri Lanka.

In a press statement, Wickremesinghe's media division said that a 10-member IMF delegation is in Sri Lanka for 10 days.

The IMF is here for talks on a bailout program for Sri Lanka, which is facing its worst financial crisis since independence.

A few days ago, the IMF reaffirmed its commitment to support Sri Lanka at this difficult time, in line with the IMF's policies.

Wickremesinghe has earlier said he hoped that the IMF visit will result in a quick staff-level agreement, adding that an IMF program is crucial to access bridge financing from institutions such as the World Bank and Asian Development Bank.