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Last Updated : 2024-04-30 14:24:00
Colombo, April 7 (PTI) - The US has expressed support for Sri Lanka's security and sovereignty and its ongoing efforts to complete the fiscal, monetary, and governance elements of its IMF bailout programme.
This was conveyed by US national security advisor Jake Sullivan during a telephone conversation with Sri Lanka's National Security Advisor Sagala Ratnayake on Wednesday, the White House said in a brief statement on Friday.
"Their discussion has covered areas of bilateral engagement, including US support to Sri Lanka's security and sovereignty," the statement said.
Sullivan and Ratnayake also discussed Sri Lanka's ongoing efforts to complete the fiscal, monetary, and governance elements of its International Monetary Fund (IMF) programme, and future opportunities for cooperation, the release said.
The IMF on March 21 said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 billion bailout approved in 2023 for the cash-strapped country.
Two tranches of USD 330 million each were released in March and December 2023.
The global lender also praised Colombo as it said macroeconomic policy reforms are starting to bear fruit.
L Jaya Sunday, 07 April 2024 09:53 AM
Who is governing SL , Sagala or Ranil?
ANTON Sunday, 07 April 2024 10:40 AM
ACTUALLY WHAT COMES UP IS NOT SRILANKAN ECONOMIC REFORM, IT IS POLITIKKAS ECONOMIC DEVELOPMENT, NOTHING ELSE.
Joshua Sunday, 07 April 2024 10:52 AM
What Governance when the Govt is full of rogues and being protected.
Ruwan Monday, 08 April 2024 03:59 AM
Praise is flowing from all corners of the world to Ranil unlike any other leader for handling this crisis, despite a bunch of fools who are pulling from all sides.
Gabriella Sunday, 07 April 2024 12:04 PM
Ask the Ukrainians and the Kurds how much they can rely on the United States for support. Let’s not are the same mistake.
lalithanatraj Sunday, 07 April 2024 12:37 PM
Typical usa double speak
ANNECUNT Sunday, 07 April 2024 01:43 PM
BE CAREFUL GIVING CASH WE HAVE CORRUPT POLITICIANS WAITING TO TRANSFER THE MONEY INTO THEIR PRIVATE BANK ACCOUNTS Tseunami relief fund money you gave was stolen and used to buy MARRIOT HOTEL in Dubai
Horipala Rajapassa Sunday, 07 April 2024 05:17 PM
In what sense? supporting people or taking money for politicians welfare and maintenence! How many PIN gonas are in the list taking charity money with full benefits including GoRa!!!
Mila Monday, 08 April 2024 11:11 AM
Loans debts are a new form of colonization. More loans are given to repay loans as well as to survive which only adds to the spiraling debt. Spiralling debt means the need to secure more loans
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