IMF official statement about the loan to Sri Lanka today

The International Monetary Fund is scheduled to make an official statement today (September 1) regarding the granting of loans to Sri Lanka.

To that end, a special press conference will be held at the Central Bank of Sri Lanka today at 11.00 am, in which Peter Brewer, the head of the International Monetary Fund’s mission in Sri Lanka, and Masahiro Nozaki, the head of the mission in Sri Lanka, are scheduled to participate.

Reuters reported yesterday (August 31) that Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) regarding an emergency loan.

However, it did not mention how much financial aid Sri Lanka will receive, but with that news, it was mentioned that the country’s dollar bonds are recording a high value after two months.

August for staff discussions regarding the loan program to Sri Lanka. The representatives of the International Monetary Fund who came to the island on the 24th were scheduled to leave the island yesterday (August 31).

However, since negotiations with the authorities are still ongoing, the International Monetary Fund said in an official announcement that it took steps to extend that period by one day.

Struggling with the worst economic crisis in more than seven decades, Sri Lanka is waiting for a financial assistance of 3 billion US dollars from the International Monetary Fund.

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