Sri Lanka President, IMF Chief discuss Debt Reworking

by Zulfick Farzan 21-09-2023 | 9:41 AM

COLOMBO (News 1st); Sri Lanka and the International Monetary Fund have discussed the ongoing debt restructuring initiatives on the sidelines of the UN General Assembly in New York.

President Ranil Wickremesinghe met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva to discuss vital economic matters.

During the meeting, Georgieva and President Wickremesinghe delved into the ongoing financial sector reforms and the substantial progress made in debt restructuring initiatives. 

The IMF Managing Director commended the Sri Lankan government for its effective measures in curbing inflation and nurturing a conducive environment for business growth, as well as the flourishing tourism industry, said the President's Media Division.

She had also expressed her satisfaction with the government’s commitment to enhancing the overall economic landscape, said the PMD.