Sri Lanka asks IMF for rapid financial assistance | Malay Mail

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COLOMBO, April 19 ― Sri Lanka has requested the International Monetary Fund (IMF) for rapid financial assistance and the global lender could consider it after initial reluctance, an aide to thecountry's finance minister said today. Protests have erupted in the island nation as it battles a...

COLOMBO, April 19 ― Sri Lanka has requested the International Monetary Fund for rapid financial assistance and the global lender could consider it after initial reluctance, an aide to thecountry's finance minister said today.

A delegation headed by Sri Lanka's Finance Minister Ali Sabry kicked off formal talks with the IMF in Washington on Monday for a programme the government hopes will help top up its reserves and attract bridge financing to pay for essential imports of fuel, food and medicines. “However, India subsequently made representations on an RFI for as well and IMF may consider this request due to the unique circumstances.”

 

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