Tuesday, September 26, 2023
HomeEconomyIMF envoy urges Sri Lanka to maintain economic reform momentum

IMF envoy urges Sri Lanka to maintain economic reform momentum

WASHINGTON (Reuters) – IMF Deputy Managing Director Kenji Okamura said Sri Lanka was showing a “firm commitment” to implementing economic reforms, but must do so in a challenging economy. The momentum continued, the environment said on Thursday.

Okamura issued a statement after his visit to Columbus saying that continued open dialogue with Sri Lankan creditors would help to reach a restructuring agreement that would restore debt sustainability and bring it into line with the IMF It aims to provide $3 billion in monthly loans to the struggling island nation.

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