IMF Reviews Sri Lanka’s Economic Reforms, Acknowledges Turnaround

COLOMBO (News 1st); Sri Lankan President Ranil Wickremesinghe met with IMF Mission Chief Peter Breuer and his team to discuss the progress of the ongoing economic program.

State Minister Shehan Semasinghe said that the discussion focused on identifying areas that need additional attention to ensure the successful completion of the 3rd review, which is crucial for the timely disbursement of the 4th tranche.

He said that the IMF team commended President Wickremesinghe for his commitment and leadership, which have played a pivotal role in achieving a remarkable economic turnaround in a short time.

Additionally, the meeting covered the progress of debt restructuring efforts.

President Wickremesinghe assured that he is dedicated to steering the country towards a prosperous future, he said.