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Sri Lanka requests IMF to quickly finalise staff-level agreement

Reuters . Colombo
08 Jun 2022 10:47:23 | Update: 08 Jun 2022 10:53:08
Sri Lanka requests IMF to quickly finalise staff-level agreement
File photo shows a woman moving a gas tank as she stands in line to buy another tank near a distributor in Colombo, Sri Lanka — Reuters

Sri Lanka's Prime Minister Ranil Wickremesinghe on Wednesday said he had requested the International Monetary Fund (IMF) to send a staff-level delegation to the crisis-hit country as soon as possible to finalise a staff-level agreement.

"The prime minister explained that negotiations’ regarding bridging finance was reliant on Sri Lanka and the IMF concluding a staff-level agreement," Wickremesinghe's office said in a statement.

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Sri Lanka is in talks with the IMF for a loan package to help navigate its worst economic crisis in seven decades.

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