Sri Lanka to discuss shape of IMF deal during Oct meetings in Washington
COLOMBO - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on the sidelines of the lender's annual meetings in Washington later this month, the country's cabinet spokesperson said on Tuesday.
Dissanayake said Sri Lanka will immediately engage with the International Monetary Fund for the third review of its bailout programme, the approval of which will see the disbursement of a fourth tranche of about $337 million. "We are of the view that an evaluation needs to be conducted on the IMF programme but that will not be done with the delegation visiting this week," Herath said, adding that the IMF delegation was making a"courtesy call" this week.
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