No request for IMF funding during visit

24 December 2021 08:39 pm - 11 - {{hitsCtrl.values.hits}}

A A A

Sri Lanka had not sought financial support from the International Monetary Fund (IMF) during a just concluded staff team visit to Colombo.

IMF’s mission chief for Sri Lanka, Masahiro Nozaki told Daily Mirror via email that the staff is still ready to discuss the option if requested.

Nozaki said a staff team from the IMF visited Colombo from December 7–20 to conduct the 2021 Article IV consultation with Sri Lanka.

Under Article IV of the IMF's Articles of Agreement, the IMF holds regular bilateral discussions with all member countries to review economic developments and policies.

Following approval by IMF Management the IMF’s Executive Board discusses a Staff Report based on these discussions, Nozaki said.

The Cabinet had this week discussed an IMF bailout but had not reached a decision if to seek financial support from the global agency.

The Government is, so far, refusing to accept the conditions put forward by the IMF for a bailout package.(Easwaran Rutnam)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 11

Costa Saturday, 25 December 2021 12:48 AM

Do not wish to swallow the pride by begging from IMF.

Pantha Kumaran Saturday, 25 December 2021 12:50 AM

If at all we receive IMF funding I want CB Governor to resign from his post and politics. I don't want to see his face in media. ThaPt much I hate this man.

Jude Saturday, 25 December 2021 04:20 AM

Gov't wants people to drop dead like flies !! Yeah!!

Jude Saturday, 25 December 2021 04:26 AM

තත්වය උග්‍රයි මුන් පැලැස්තර දැමීමයි කරන්නේ !! කෙටි කාලීන ණය, විසදුමක් නොවේ!! IMF විතරයි දිගු කාලීන ණය විසදුමක් මගින් ප්‍රශ්නය නිරාකරණය කිරීමට සමත් වන්නේ!! ඔව්!!

Cheers Saturday, 25 December 2021 04:31 AM

Government has taken control welldone sri lanka

Jude Saturday, 25 December 2021 04:33 AM

මුන්ට කේක් ගෙඩිය කන්නත් ඕනේ, තියා ගන්නත් ඕනේ තව ගෙදර ගෙනියන්නත් ඕනේ, අම්මපා!!

P Saturday, 25 December 2021 07:19 AM

Arrogance at it's max level. They will not go to IMF until country is bunkrupt.

Econ-Mutt Saturday, 25 December 2021 08:35 AM

We have better funds to sink Sri Lanka.

Ajith Saturday, 25 December 2021 09:38 AM

Why is IMF so keen when Cabraal is kicking it outright ?

sam Saturday, 25 December 2021 01:36 PM

If requested how can they later go with a begging bowl? To happen next month.

Dee Saturday, 25 December 2021 02:25 PM

No need! We will have offshore 'friends' who will invest billions!

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

No request for IMF funding during visit

Comments - 11

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Tharshan Selvarajah makes history as first Sri Lankan to carry Olympic torch

Racism, body-shaming fly high with Air Belgium crew against SriLankan staff

Foreigner injured after falling from Lotus tower

Diana under immigration radar for overstaying visa since 2014

Sri Lankan in Germany wins a Cybertruck

Supreme Court rules Diana Gamage ineligible for parliamentary seat

MIRROR CRICKET

'You won’t see me for a while' – Virat Kohli hints at post-retirement plans

West Indies Women to tour Sri Lanka for T20I series

Nepal’s ex-cricket captain acquitted of rape on appeal

Shakib and Hasaranga share top spot in T20 all-rounder rankings

TODAY'S HEADLINES

Sharing tales of triumph and relief

Kap Planting ceremony of the Ruhunu Kataragama Maha Devala Esala festival on 24th

NGO law: US State Dept. did not influence but sent in observations: Ministry

Harsha in a dialogue with government to save Suwa Seriya

Eshan Pieris secures silver class victory at GT World Challenge Asia Round 4 in Thailand

Asian Netball Tourney put off by a few weeks

'You won’t see me for a while' – Virat Kohli hints at post-retirement plans

West Indies Women to tour Sri Lanka for T20I series