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Sri Lanka to begin talks with IMF to take forward $2.9 billion bailout, president says

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COLOMBO (Reuters) – Sri Lanka’s new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country’s $2.9 billion bailout programme.

“Additionally, to advance our debt restructuring program, we are negotiating with relevant creditors to expedite the process and secure necessary debt relief,” Dissanayake said in a televised address.

(Reporting by Uditha Jayasinghe; Writing by Shivam Patel; Editing by Hugh Lawson)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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