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IMF hopes for resolution of SL crisis to allow bailout talks

10 July 2022 09:58 am - 2     - {{hitsCtrl.values.hits}}

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The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka's political turmoil that will allow a resumption of talks for a bailout package after a violent day of protests.

Sri Lanka's President Gotabaya Rajapaksa will resign on Wednesday after thousands of protesters stormed his official residence and secretariat on Saturday, an official said. Protesters also set fire to Prime Minister Ranil Wickremesinghe's private residence.

"We hope for a resolution of the current situation that will allow for resumption of our dialogue on an IMF-supported program," the IMF said in a statement.(Reuters)


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  • Patricia Wallace Sunday, 10 July 2022 02:25 PM

    Hope IMF until the cows come home. Sri Lanka is no post war Germany or Japan.Just another infighting corrupt gang of politicians mimicking chaotic Lebanon or Afghanistan while the country's resourceful people are suffering immensely. Former NGO head

    sam Sunday, 10 July 2022 04:49 PM

    IMF can attend to their programs once the looters are gone.


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