Govt. to renegotiate IMF Fund Facility next week !

Finance Minister Mangala Samaraweera and delegation to hold discussions with senior IMF officials in Washington from January 14 to 16

Minister of Finance and Mass Media Mangala Samaraweera will leave for Washington on Friday to get the IMF External Fund Facility (EFF) back on track. He will be meeting Managing Director of International Monetary Fund (IMF) Christine Lagarde, Mitsuhiro Furusawa, Deputy Managing Director, Chanyong Rhee, Director, Asia Pacific Department, Manuel Goretti, Team Leader and other members of the IMF Sri Lanka Team.
Minister Samaraweera is expected to signal the Government’s intention to continue with IMF reform program. A key objective will be to negotiate the trajectory of continued fiscal consolidation while accommodating policies to support growth and strengthen the social safety net.

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