IMF delegation to visit Sri Lanka this month: Central Bank Governor

Updated: Aug 18 2022 2:24PM

IMF delegation to visit Sri Lanka this month: Central Bank Governor

Colombo, Aug 18 (PTI) The Sri Lankan government's negotiations with the IMF for a bailout package have made "good progress," the Central Bank Governor said on Thursday, indicating that a top delegation of the Washington-based lender is expected to arrive here at the end of this month to finalise a staff-level agreement.

Sri Lanka is in the midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials.

The island nation of 22 million also witnessed a major political churn in recent times following massive mass protests that forced former president Gotabaya Rajapaksa to flee the country and resign from his post.