President holds talks with IMF Managing Director

09 Nov, 2022

President Ranil Wickremesinghe had talks with the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.

The meeting took place on the sidelines of the COP27 conference in Egypt.

The Finance Minister of Ghana Ken Ofori-Atta and the Speaker of the People’s Majlis of the Maldives and former President Mohamed Nasheed also attended the meeting.

The President’s Media Division said that the talks focused on debt management.

An IMF mission led by Peter Breuer and Masahiro Nozaki visited Colombo from August 24 to September 1, 2022 to continue discussions on IMF support for Sri Lanka and the authorities? comprehensive economic reform program.

At the end of the mission the Sri Lankan authorities and the IMF team reached a staff-level agreement to support the authorities? economic adjustment and reform policies with a new 48-month Extended Fund Facility (EFF) with a requested access of about SDR 2.2 billion (equivalent to US$2.9 billion).??(Colombo Gazette)

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