Meetings of Sri Lankan authorities with IMF officials over the next few weeks are not for the purpose of debt restructuring as stated by some news agencies, says governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal.
He is responding, in a tweet, to a Reuters report, which said that Sri Lanka will begin talks with the IMF next month on a plan to help the crisis-hit country, including assistance with debt restructuring and managing its foreign exchange shortage.
Quoting a source, the new agency said, “To find a way out of the crisis, the government will seek assistance with debt restructuring, the foreign exchange crisis, bolstering revenue generation and reforming state-owned enterprises.”
ceylontoday
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