Sri Lanka to stick to IMF path despite cyclone setback

Sri Lanka to stick to IMF path despite cyclone setback

In the wake of the cyclone, over 70 civil society groups and activists across Sri Lanka called for the renegotiation of the IMF deal, accusing the Dissanayake government of becoming a ‘prisoner’ of the ongoing IMF programme

IMF Programme May Be Tweaked After Cyclone Impact Review - LNW Lanka News Web

Central Bank Governor Dr. Nandalal Weerasinghe yesterday indicated that changes to Sri Lanka’s ongoing International Monetary Fund (IMF) Extended Fund Facility (EFF) cannot be ruled out, as the country assesses emerging economic needs following the impact of Cyclone Ditwah. Speaking at the post-Monetary Policy announcement press conference, Dr. Weerasinghe said IMF staff are currently evaluating the economic fallout from the cyclone ahead of the…