Sri Lanka's new government says "committed" to IMF's bailout package, hopes of renegotiating conditions

  • Posted on October 3, 2024
  • By Business News Today
  • 2 Views
Sri Lanka's new government says "committed" to IMF's bailout package, hopes of renegotiating conditions

The new Sri Lankan government, led by President Anura Kumara Dissanayake, is committed to the IMF's USD 2.9 billion bailout package. They plan to renegotiate some conditions. The government is keen on exploring alternative revenue-raising means. Talks with the IMF team were described as useful and the positive changes in Sri Lanka were appreciated by the IMF delegation.
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