Reply To:
Name - Reply Comment
IMF’s second tranche likely in December: Government
COLOMBO (PMD) - The disbursement of the second installment of the loan under the extended funding facility provided to Sri Lanka by the International Monetary Fund (IMF) is anticipated in December, Minister of Ports, Shipping and Civil Aviation Nimal Siripala de Silva said.
Furthermore, the Minister emphasized that the budget outlined by President Ranil Wickremesinghe for 2024 marks the commencement of a comprehensive, long-term initiative aimed at the reconstruction of the national economy.
Minister Nimal Siripala de Silva articulated this perspective during his participation in a media briefing convened at the Presidential Media Centre (PMC), today (17), held under the theme 'One Way to a Stable Country’.
Minister Nimal Siripala de Silva, in his extended remarks, underscored the significance of the current budget, portraying it as the inception of a protracted initiative aimed at revitalizing the national economy, devoid of immediate profit considerations. He emphasized that the budget intricately lays out essential programs and policies for this purpose. While some may label it as an election-oriented budget, the Minister clarified that it is not formulated with anticipation of impending elections but rather as a strategic economic framework.
Comments - 12
Recommended
You May Also Like
Trending
