IMF says talks with Sri Lanka continue

IMF says talks with Sri Lanka continue

May 11, 2022   10:51 am

The International Monetary Fund said technical level discussions between its officials and Sri Lankan authorities will continue in order to be ready for talks once a new government is formed though it is concerned about the “rising social tensions and unrest.”

The International Monetary Fund is closely following developments in Sri Lanka and “concerned about rising social tensions and violence,” Masahiro Nozaki, the fund’s mission chief for the country, said in a statement. 

“Technical level” discussions between IMF officials and Sri Lanka authorities have started, will continue in order to be ready for policy discussions once a new Sri Lanka government is formed, Nozaki said. 

“On our virtual mission during May 9-23, discussions at the technical level have just started and continue as planned so as to be fully prepared for policy discussions once a new government has been formed,” the IMF mission chief said in a statement. 

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